Ci Canada Quality Etf Performance
| DGRC Etf | CAD 39.59 0.34 0.87% |
The etf owns a Beta (Systematic Risk) of 0.44, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, CI Canada's returns are expected to increase less than the market. However, during the bear market, the loss of holding CI Canada is expected to be smaller as well.
Risk-Adjusted Performance
Weak
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in CI Canada Quality are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy basic indicators, CI Canada is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
1 | 3 Canadian ETFs to Buy and Hold in a TFSA for a Lifelong Relationship - MSN | 02/14/2025 |
2 | Trading Report - Stock Traders Daily | 03/14/2025 |
DGRC |
CI Canada Relative Risk vs. Return Landscape
If you would invest 3,907 in CI Canada Quality on December 16, 2024 and sell it today you would earn a total of 52.00 from holding CI Canada Quality or generate 1.33% return on investment over 90 days. CI Canada Quality is generating 0.0238% of daily returns and assumes 0.7076% volatility on return distribution over the 90 days horizon. Simply put, 6% of etfs are less volatile than DGRC, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
CI Canada Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for CI Canada's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as CI Canada Quality, and traders can use it to determine the average amount a CI Canada's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0336
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | DGRC |
Estimated Market Risk
| 0.71 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average CI Canada is performing at about 2% 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 Canada by adding it to a well-diversified portfolio.
CI Canada Fundamentals Growth
DGRC Etf prices reflect investors' perceptions of the future prospects and financial health of CI Canada, and CI Canada fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on DGRC Etf performance.
| Total Asset | 233.13 M | |||
About CI Canada Performance
By examining CI Canada's fundamental ratios, stakeholders can obtain critical insights into CI Canada's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that CI Canada is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
TThe ETF seeks to track, to the extent possible, the price and yield performance of the WisdomTree Canada Quality Dividend Growth Index, before fees and expenses. WISDOMTREE CDN is traded on Toronto Stock Exchange in Canada.| Latest headline from news.google.com: Trading Report - Stock Traders Daily | |
| The fund retains 99.14% of its assets under management (AUM) in equities |
Other Information on Investing in DGRC Etf
CI Canada financial ratios help investors to determine whether DGRC 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 DGRC with respect to the benefits of owning CI Canada security.