CI Canadian Financials
| CXF Etf | CAD 10.20 0.03 0.29% |
3 y Sharp Ratio 0.23 |
CXF |
The data published in CI Canadian's official financial statements typically reflect CI Canadian's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving CI Canadian's quantitative information. For example, before you start analyzing numbers published by CXF accountants, it's essential to understand CI Canadian's liquidity, profitability, and earnings quality within the context of the First Asset Investment Management Inc space in which it operates.
CI Canadian Etf Summary
CI Canadian competes with Global X, IShares Convertible, Invesco 1, and Invesco Fundamental. The objectives of ETF are to provide unitholders with quarterly cash distributions, the opportunity for capital appreciation by investing on a capitalization-weighted basis in a portfolio of Convertible Bonds of Canadian issuers. CI FA is traded on Toronto Stock Exchange in Canada.| Instrument | Canada Etf |
| Exchange | Toronto Exchange |
| ISIN | CA12554K1003 |
| Region | Others |
| Investment Issuer | Others |
| Etf Family | First Asset Investment Management Inc |
| Fund Category | Others |
| Portfolio Concentration | Others |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | CAD - Canadian Dollar |
You should never invest in CI Canadian without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of CXF Etf, because this is throwing your money away. Analyzing the key information contained in CI Canadian's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
CI Canadian Key Financial Ratios
CI Canadian's financial ratios allow both analysts and investors to convert raw data from CI Canadian's financial statements into concise, actionable information that can be used to evaluate the performance of CI Canadian over time and compare it to other companies across industries.CXF Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining CI Canadian's current stock value. Our valuation model uses many indicators to compare CI Canadian value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across CI Canadian competition to find correlations between indicators driving CI Canadian's intrinsic value. More Info.CI Canadian Convertible is third largest ETF in beta as compared to similar ETFs. It is the top ETF in annual yield as compared to similar ETFs fabricating about 0.21 of Annual Yield per Beta. The ratio of Beta to Annual Yield for CI Canadian Convertible is roughly 4.70 . Comparative valuation analysis is a catch-all model that can be used if you cannot value CI Canadian by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for CI Canadian'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.CI Canadian Convertible Systematic Risk
CI Canadian's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. CI Canadian volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on CI Canadian Convertible correlated with the market. If Beta is less than 0 CI Canadian generally moves in the opposite direction as compared to the market. If CI Canadian Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one CI Canadian Convertible is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of CI Canadian is generally in the same direction as the market. If Beta > 1 CI Canadian moves generally in the same direction as, but more than the movement of the benchmark.
CI Canadian December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of CI Canadian help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of CI Canadian Convertible. We use our internally-developed statistical techniques to arrive at the intrinsic value of CI Canadian Convertible based on widely used predictive technical indicators. In general, we focus on analyzing CXF Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build CI Canadian's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.9702 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 5.0 | |||
| Value At Risk | (1.00) | |||
| Potential Upside | 1.23 |
Other Information on Investing in CXF Etf
CI Canadian financial ratios help investors to determine whether CXF 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 CXF with respect to the benefits of owning CI Canadian security.