CI Global Financial Statements From 2010 to 2025
| CGRA Etf | CAD 22.82 0.18 0.80% |
Check CI Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CI Global's main balance sheet or income statement drivers, such as , as well as many indicators such as . CGRA financial statements analysis is a perfect complement when working with CI Global Valuation or Volatility modules.
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CI Global Real ETF Beta Analysis
CI Global's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current CI Global Beta | 0.89 |
Most of CI Global's fundamental indicators, such as Beta, 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, CI Global Real is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, CI Global Real has a Beta of 0.89. This is much higher than that of the family and significantly higher than that of the Global Equity category. The beta for all Canada etfs is notably lower than that of the firm.
CI Global Real Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining CI Global's current stock value. Our valuation model uses many indicators to compare CI Global value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across CI Global competition to find correlations between indicators driving CI Global's intrinsic value. More Info.CI Global Real is the top ETF in price to earning as compared to similar ETFs. It also is the top ETF in price to book as compared to similar ETFs fabricating about 0.08 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for CI Global Real is roughly 12.03 . Comparative valuation analysis is a catch-all model that can be used if you cannot value CI Global by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for CI Global's Etf. 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 CI Global Financial Statements
CI Global investors utilize fundamental indicators, such as revenue or net income, to predict how CGRA Etf might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Pair Trading with CI 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 CI 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 CI Global will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to CI 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 CI 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 CI 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 CI Global Real to buy it.
The correlation of CI 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 CI Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CI Global Real 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 CI 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 CGRA Etf
CI Global financial ratios help investors to determine whether CGRA Etf 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 CGRA with respect to the benefits of owning CI Global security.