Ci Canadian Convertible Etf Price on February 28, 2024
| CXF Etf | CAD 10.18 0.13 1.26% |
Below is the normalized historical share price chart for CI Canadian Convertible extending back to June 07, 2011. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of CI Canadian stands at 10.18, as last reported on the 11th of December 2024, with the highest price reaching 10.18 and the lowest price hitting 10.18 during the day.
If you're considering investing in CXF Etf, it is important to understand the factors that can impact its price. As of now, CXF Etf is very steady. CI Canadian Convertible retains Efficiency (Sharpe Ratio) of 0.0501, which signifies that the etf had a 0.0501% return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for CI Canadian, which you can use to evaluate the volatility of the entity. Please confirm CI Canadian's Standard Deviation of 0.8455, coefficient of variation of 1846.65, and Market Risk Adjusted Performance of 0.1287 to double-check if the risk estimate we provide is consistent with the expected return of 0.0431%.
CXF Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 9.93 | 200 Day MA 9.8516 | 1 y Volatility 3.26 | 50 Day MA 10.1056 | Inception Date 2011-06-01 |
CXF |
Sharpe Ratio = 0.0501
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| Negative Returns | CXF |
Estimated Market Risk
| 0.86 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average CI Canadian is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of CI Canadian by adding it to a well-diversified portfolio.
CI Canadian Valuation on February 28, 2024
It is possible to determine the worth of CI Canadian on a given historical date. On February 28, 2024 CXF was worth 9.68 at the beginning of the trading date compared to the closed value of 9.68. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CI Canadian etf. Still, in general, we apply an absolute valuation method to find CI Canadian's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of CI Canadian where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CI Canadian's related companies.
| Open | High | Low | Close | Volume | |
| 9.63 | 9.68 | 9.63 | 9.68 | 9,200 | |
02/28/2024 | 9.68 | 9.68 | 9.68 | 9.68 | 300.00 |
| 9.76 | 9.77 | 9.76 | 9.77 | 2,800 |
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CI Canadian Trading Date Momentum on February 28, 2024
| On February 29 2024 CI Canadian Convertible was traded for 9.77 at the closing time. The maximum traded price for the trading interval was 9.77 and the lowest daily price was 9.76 . The daily volume was recorded at 2.8 K. The volume of trading on 29th of February 2024 played a part in the next trading day price boost. The overall trading delta to the next closing price was 0.93% . The overall trading delta to the closing price today is 3.72% . |
CI Canadian Convertible Fundamentals Correlations and Trends
By evaluating CI Canadian's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among CI Canadian's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CXF financial account trend analysis is a perfect complement when working with valuation or volatility modules.About CI Canadian Etf history
CI Canadian investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for CXF is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CI Canadian Convertible will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing CI Canadian stock prices may prove useful in developing a viable investing in CI Canadian
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.
CI Canadian Etf Technical Analysis
CI Canadian technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
CI Canadian Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
CI Canadian Convertible cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
CI Canadian December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how CI Canadian etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CI Canadian shares will generate the highest return on investment. By undertsting and applying CI Canadian etf market strength indicators, traders can identify CI Canadian Convertible entry and exit signals to maximize returns
CI Canadian Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CI Canadian's price direction in advance. Along with the technical and fundamental analysis of CXF Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of CXF to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0406 | |||
| Jensen Alpha | 0.0013 | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 0.1187 |
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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.