CDSPI Global Financial Statements From 2010 to 2025
| 0P000077R7 | CAD 61.46 0.68 1.12% |
Check CDSPI Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CDSPI Global's main balance sheet or income statement drivers, such as , as well as many indicators such as . CDSPI financial statements analysis is a perfect complement when working with CDSPI Global Valuation or Volatility modules.
CDSPI |
CDSPI Global Growth Fund Net Asset Analysis
CDSPI Global's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current CDSPI Global Net Asset | 30.2 M |
Most of CDSPI Global's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, CDSPI Global Growth is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
| Competition |
Based on the recorded statements, CDSPI Global Growth has a Net Asset of 30.2 M. This is much higher than that of the CDSPI family and significantly higher than that of the Global Equity category. The net asset for all Canada funds is notably lower than that of the firm.
CDSPI Global Growth Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining CDSPI Global's current stock value. Our valuation model uses many indicators to compare CDSPI Global value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across CDSPI Global competition to find correlations between indicators driving CDSPI Global's intrinsic value. More Info.CDSPI Global Growth is rated below average in one year return among similar funds. It also is rated below average in three year return among similar funds reporting about 1.79 of Three Year Return per One Year Return. Comparative valuation analysis is a catch-all model that can be used if you cannot value CDSPI Global by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for CDSPI Global's Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About CDSPI Global Financial Statements
CDSPI Global stakeholders use historical fundamental indicators, such as CDSPI Global's revenue or net income, to determine how well the company is positioned to perform in the future. Although CDSPI Global investors may analyze each financial statement separately, they are all interrelated. For example, changes in CDSPI Global's assets and liabilities are reflected in the revenues and expenses on CDSPI Global's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in CDSPI Global Growth. Please read more on our technical analysis and fundamental analysis pages.
The objective of the fund is to achieve long term growth of capital through investments primarily in common stocks, including growth-oriented stocks, on a global basis. CDSPI Global is traded on Toronto Stock Exchange in Canada.
Pair Trading with CDSPI Global
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CDSPI Global position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CDSPI Global will appreciate offsetting losses from the drop in the long position's value.Moving together with CDSPI Fund
| 0.66 | 0P0000MOTX | Manulife Global Equity | PairCorr |
The ability to find closely correlated positions to CDSPI Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CDSPI Global when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CDSPI Global - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CDSPI Global Growth to buy it.
The correlation of CDSPI Global is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CDSPI Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CDSPI Global Growth moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CDSPI Global can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in CDSPI Fund
CDSPI Global financial ratios help investors to determine whether CDSPI Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in CDSPI with respect to the benefits of owning CDSPI Global security.
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years |