Cdspi Petite Cap Fund Return On Asset
| 0P000070KP | CAD 74.37 1.04 1.42% |
CDSPI petite cap fundamentals help investors to digest information that contributes to CDSPI Petite's financial success or failures. It also enables traders to predict the movement of CDSPI Fund. The fundamental analysis module provides a way to measure CDSPI Petite's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to CDSPI Petite fund.
CDSPI |
CDSPI petite cap Fund Return On Asset Analysis
CDSPI Petite's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Based on the latest financial disclosure, CDSPI petite cap has a Return On Asset of 0.0. This indicator is about the same for the CDSPI average (which is currently at 0.0) family and about the same as US Small/Mid Cap Equity (which currently averages 0.0) category. This indicator is about the same for all Canada funds average (which is currently at 0.0).
CDSPI Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses CDSPI Petite's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the funds which would be a good addition to a portfolio. Peer analysis of CDSPI Petite could also be used in its relative valuation, which is a method of valuing CDSPI Petite by comparing valuation metrics of similar companies.CDSPI Petite is currently under evaluation in return on asset among similar funds.
Fund Asset Allocation for CDSPI Petite
The fund consists of 96.05% investments in stocks, with the rest of investments allocated between different money market instruments.Asset allocation divides CDSPI Petite's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
CDSPI Fundamentals
| Total Asset | 5.77 M | |||
| One Year Return | (16.24) % | |||
| Three Year Return | (2.66) % | |||
| Five Year Return | 2.73 % | |||
| Ten Year Return | 9.98 % | |||
| Net Asset | 5.77 M | |||
| Minimum Initial Investment | 50 | |||
| Cash Position Weight | 3.95 % | |||
| Equity Positions Weight | 96.05 % |
About CDSPI Petite Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze CDSPI petite cap's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CDSPI Petite using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CDSPI petite cap based on its fundamental data. In general, a quantitative approach, as applied to this fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with CDSPI Petite
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CDSPI Petite position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CDSPI Petite will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to CDSPI Petite could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CDSPI Petite when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CDSPI Petite - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CDSPI petite cap to buy it.
The correlation of CDSPI Petite is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CDSPI Petite moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CDSPI petite cap moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CDSPI Petite can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in CDSPI Fund
CDSPI Petite financial ratios help investors to determine whether CDSPI Fund 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 CDSPI with respect to the benefits of owning CDSPI Petite security.
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