CI Preferred Financial Statements From 2010 to 2025
CI Preferred financial statements provide useful quarterly and yearly information to potential CI Preferred Share investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on CI Preferred financial statements helps investors assess CI Preferred's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting CI Preferred's valuation are summarized below:CI Preferred Share does not at this moment have any fundamental measures for analysis.
This module can also supplement various CI Preferred Technical models . Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Check CI Preferred financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CI Preferred's main balance sheet or income statement drivers, such as , as well as many indicators such as . FPR financial statements analysis is a perfect complement when working with CI Preferred Valuation or Volatility modules.
FPR |
CI Preferred Share ETF Beta Analysis
CI Preferred'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 Preferred Beta | 0.85 |
Most of CI Preferred'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 Preferred Share 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.
CompetitionIn accordance with the recently published financial statements, CI Preferred Share has a Beta of 0.85. This is much higher than that of the Oil, Gas & Consumable Fuels family and significantly higher than that of the Preferred Share Fixed Income category. The beta for all Canada etfs is notably lower than that of the firm.
Pair Trading with CI Preferred
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 Preferred 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 Preferred will appreciate offsetting losses from the drop in the long position's value.Moving together with FPR Etf
| 0.92 | HPR | Global X Active | PairCorr |
| 0.92 | CPD | iShares SPTSX Canadian | PairCorr |
| 0.88 | DXP | Dynamic Active Preferred | PairCorr |
| 0.77 | XPF | iShares SPTSX North | PairCorr |
| 0.71 | PR | Lysander Slater Pref | PairCorr |
The ability to find closely correlated positions to Netflix could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Netflix 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 Netflix - 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 Netflix to buy it.
The correlation of Netflix 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 Netflix moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Netflix 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 Netflix 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 FPR Etf
CI Preferred financial ratios help investors to determine whether FPR 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 FPR with respect to the benefits of owning CI Preferred security.