Citadel Income Financial Statements From 2010 to 2025
| CTF-UN Fund | CAD 2.76 0.01 0.36% |
Check Citadel Income financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Citadel Income's main balance sheet or income statement drivers, such as , as well as many indicators such as . Citadel financial statements analysis is a perfect complement when working with Citadel Income Valuation or Volatility modules.
Citadel |
Citadel Income Fund Beta Analysis
Citadel Income'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 Citadel Income Beta | 0.68 |
Most of Citadel Income'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, Citadel Income 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.
| Competition |
In accordance with the recently published financial statements, Citadel Income has a Beta of 0.68. This is much higher than that of the family and significantly higher than that of the Beta category. The beta for all Canada funds is notably lower than that of the firm.
Citadel Income Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Citadel Income's current stock value. Our valuation model uses many indicators to compare Citadel Income value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Citadel Income competition to find correlations between indicators driving Citadel Income's intrinsic value. More Info.Citadel Income is the top fund in price to earning among similar funds. It is fifth largest fund in price to book among similar funds fabricating about 0.20 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Citadel Income is roughly 5.04 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Citadel Income by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Citadel Income'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 Citadel Income Financial Statements
Citadel Income stakeholders use historical fundamental indicators, such as Citadel Income's revenue or net income, to determine how well the company is positioned to perform in the future. Although Citadel Income investors may analyze each financial statement separately, they are all interrelated. For example, changes in Citadel Income's assets and liabilities are reflected in the revenues and expenses on Citadel Income'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 Citadel Income. Please read more on our technical analysis and fundamental analysis pages.
Citadel Income Fund is a closed-ended balanced mutual fund launched by Artemis Investment Management Limited. Citadel Income Fund was formed on December 31, 2008 and is domiciled in Canada. CITADEL INCOME is traded on Toronto Stock Exchange in Canada.
Pair Trading with Citadel Income
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 Citadel Income 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 Citadel Income will appreciate offsetting losses from the drop in the long position's value.Moving against Citadel Fund
| 0.83 | 0P0000732C | Ninepoint Energy | PairCorr |
| 0.32 | 0P000070KP | CDSPI petite cap | PairCorr |
The ability to find closely correlated positions to Citadel Income could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Citadel Income 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 Citadel Income - 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 Citadel Income to buy it.
The correlation of Citadel Income 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 Citadel Income moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Citadel Income 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 Citadel Income 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 Citadel Fund
Citadel Income financial ratios help investors to determine whether Citadel 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 Citadel with respect to the benefits of owning Citadel Income security.
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