AGFiQ Market Financial Statements From 2010 to 2025
| QBTL Etf | CAD 20.49 0.58 2.91% |
Check AGFiQ Market financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AGFiQ Market's main balance sheet or income statement drivers, such as , as well as many indicators such as . AGFiQ financial statements analysis is a perfect complement when working with AGFiQ Market Valuation or Volatility modules.
AGFiQ |
AGFiQ Market Neutral ETF Net Asset Analysis
AGFiQ Market'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 AGFiQ Market Net Asset | 238.89 M |
Most of AGFiQ Market'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, AGFiQ Market Neutral 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, AGFiQ Market Neutral has a Net Asset of 238.89 M. This is much higher than that of the AGF Investments Inc. family and significantly higher than that of the Net Asset category. The net asset for all Canada etfs is notably lower than that of the firm.
About AGFiQ Market Financial Statements
AGFiQ Market investors utilize fundamental indicators, such as revenue or net income, to predict how AGFiQ 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.
The AGFiQ US Market Neutral Anti-Beta CAD-Hedged ETF seeks performance results that correspond to the price and yield performance, before fees and expenses, of the Target Anti-Beta Index. AGFIQ US is traded on Toronto Stock Exchange in Canada.
Pair Trading with AGFiQ Market
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 AGFiQ Market 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 AGFiQ Market will appreciate offsetting losses from the drop in the long position's value.Moving against AGFiQ Etf
| 0.74 | HBLK | Blockchain Technologies | PairCorr |
| 0.55 | XSP | iShares Core SP | PairCorr |
| 0.32 | ZSP | BMO SP 500 | PairCorr |
| 0.31 | VFV | Vanguard SP 500 | PairCorr |
The ability to find closely correlated positions to AGFiQ Market could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AGFiQ Market 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 AGFiQ Market - 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 AGFiQ Market Neutral to buy it.
The correlation of AGFiQ Market 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 AGFiQ Market moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AGFiQ Market Neutral 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 AGFiQ Market 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.Check out the analysis of AGFiQ Market Correlation against competitors. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..