Ci Short Term Etf Performance
| FGB Etf | CAD 18.62 0.03 0.16% |
The etf owns a Beta (Systematic Risk) of 0.0369, which signifies not very significant fluctuations relative to the market. As returns on the market increase, CI Short's returns are expected to increase less than the market. However, during the bear market, the loss of holding CI Short is expected to be smaller as well.
Risk-Adjusted Performance
OK
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in CI Short Term are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy fundamental drivers, CI Short is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
FGB |
CI Short Relative Risk vs. Return Landscape
If you would invest 1,842 in CI Short Term on December 17, 2024 and sell it today you would earn a total of 20.00 from holding CI Short Term or generate 1.09% return on investment over 90 days. CI Short Term is generating 0.0178% of daily returns assuming 0.1615% volatility of returns over the 90 days investment horizon. Simply put, 1% of all etfs have less volatile historical return distribution than CI Short, 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 Short Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for CI Short's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as CI Short Term, and traders can use it to determine the average amount a CI Short'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 = 0.1104
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | FGB |
Estimated Market Risk
| 0.16 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average CI Short is performing at about 8% 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 Short by adding it to a well-diversified portfolio.
CI Short Fundamentals Growth
FGB Etf prices reflect investors' perceptions of the future prospects and financial health of CI Short, and CI Short 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 FGB Etf performance.
| Total Asset | 50.63 M | |||
About CI Short Performance
By examining CI Short's fundamental ratios, stakeholders can obtain critical insights into CI Short'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 Short 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.
The First Asset Short Term Government Bond Index Class ETF has been designed to replicate, to the extent possible, the performance of a Canadian short term government bond index, currently the FTSE TMX Canada Short Term Government Bond Index, net of expenses. CI FA is traded on Toronto Stock Exchange in Canada.| The fund retains about 99.94% of its assets under management (AUM) in fixed income securities |
Other Information on Investing in FGB Etf
CI Short financial ratios help investors to determine whether FGB 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 FGB with respect to the benefits of owning CI Short security.