Energy Income Financials
| ENI-UN Etf | CAD 1.63 0.01 0.61% |
Energy |
The data published in Energy Income's official financial statements typically reflect Energy Income'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 Energy Income's quantitative information. For example, before you start analyzing numbers published by Energy accountants, it's essential to understand Energy Income's liquidity, profitability, and earnings quality within the context of the Financial Services space in which it operates.
Please note, the presentation of Energy Income's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Energy Income's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Energy Income's management manipulating its earnings.
Energy Income Etf Summary
Energy Income competes with MINT Income, Prime Dividend, Canadian High, Precious Metals, and Blue Ribbon. Energy Income Fund is a close ended equity mutual fund launched by Artemis Investment Management Limited. Energy Income Fund was formed on August 29, 2005 and is domiciled in Canada. ENERGY INCOME operates under Asset Management classification in Canada and is traded on Toronto Stock Exchange.| Instrument | Canada Etf |
| Exchange | Toronto Exchange |
| ISIN | CA29270B2066 |
| Region | Others |
| Investment Issuer | Others |
| Business Address | Commerce Court West |
| Etf Family | Financial Services |
| Fund Category | Others |
| Portfolio Concentration | Others |
| Benchmark | Dow Jones Industrial |
| Website | artemis.mobilelinkage.com/investment_products.php?id=31 |
| Phone | 416 869 0991 |
| Currency | CAD - Canadian Dollar |
You should never invest in Energy Income without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Energy Etf, because this is throwing your money away. Analyzing the key information contained in Energy Income's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Energy Income Key Financial Ratios
Energy Income's financial ratios allow both analysts and investors to convert raw data from Energy Income's financial statements into concise, actionable information that can be used to evaluate the performance of Energy Income over time and compare it to other companies across industries.Energy Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Energy Income's current stock value. Our valuation model uses many indicators to compare Energy Income value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Energy Income competition to find correlations between indicators driving Energy Income's intrinsic value. More Info.Energy Income is one of the top ETFs in price to earning as compared to similar ETFs. It also is one of the top ETFs in price to book as compared to similar ETFs fabricating about 0.06 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Energy Income is roughly 17.51 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Energy Income by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Energy Income'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.Energy Income Systematic Risk
Energy Income's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Energy Income 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 twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Energy Income correlated with the market. If Beta is less than 0 Energy Income generally moves in the opposite direction as compared to the market. If Energy Income Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Energy Income is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Energy Income is generally in the same direction as the market. If Beta > 1 Energy Income moves generally in the same direction as, but more than the movement of the benchmark.
Energy Income March 21, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Energy Income help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Energy Income. We use our internally-developed statistical techniques to arrive at the intrinsic value of Energy Income based on widely used predictive technical indicators. In general, we focus on analyzing Energy Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Energy Income's daily price indicators and compare them against related drivers.
| Downside Deviation | 3.67 | |||
| Information Ratio | 0.0445 | |||
| Maximum Drawdown | 16.83 | |||
| Value At Risk | (4.14) | |||
| Potential Upside | 4.35 |
Other Information on Investing in Energy Etf
Energy Income financial ratios help investors to determine whether Energy 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 Energy with respect to the benefits of owning Energy Income security.