Cdspi Corporate Bond Fund Bond Positions Weight
| 0P0000JU3U | CAD 23.44 0.02 0.09% |
CDSPI Corporate Bond fundamentals help investors to digest information that contributes to CDSPI Corporate'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 Corporate'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 Corporate fund.
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CDSPI Corporate Bond Fund Bond Positions Weight Analysis
CDSPI Corporate's Percentage of fund asset invested in fixed income securities. About 30% of U.S. mutual funds invest in bonds.
Current CDSPI Corporate Bond Positions Weight | 77.57 % |
Most of CDSPI Corporate's fundamental indicators, such as Bond Positions Weight, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, CDSPI Corporate Bond is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Funds that have over 60% of asset value invested in bonds or or other fixed income securities would usually attract conservative investors.
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In accordance with the recently published financial statements, CDSPI Corporate Bond has a Bond Positions Weight of 77%. This is much higher than that of the CDSPI family and significantly higher than that of the High Yield Fixed Income category. The bond positions weight for all Canada funds is notably lower than that of the firm.
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Fund Asset Allocation for CDSPI Corporate
The fund consists of 77.57% investments in fixed income securities, with the rest of funds allocated in stocks, cash and various exotic instruments.Asset allocation divides CDSPI Corporate'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 | 27.78 M | |||
| One Year Return | (2.71) % | |||
| Three Year Return | 0.83 % | |||
| Five Year Return | 2.50 % | |||
| Ten Year Return | 4.68 % | |||
| Net Asset | 27.78 M | |||
| Minimum Initial Investment | 25 | |||
| Cash Position Weight | 3.51 % | |||
| Equity Positions Weight | 0.53 % | |||
| Bond Positions Weight | 77.57 % |
About CDSPI Corporate Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze CDSPI Corporate Bond's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CDSPI Corporate using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CDSPI Corporate Bond 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 Corporate
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 Corporate 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 Corporate will appreciate offsetting losses from the drop in the long position's value.Moving together with CDSPI Fund
Moving against CDSPI Fund
| 0.48 | 0P0000732C | Ninepoint Energy | PairCorr |
The ability to find closely correlated positions to CDSPI Corporate 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 Corporate 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 Corporate - 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 Corporate Bond to buy it.
The correlation of CDSPI Corporate 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 Corporate moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CDSPI Corporate Bond 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 Corporate 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 Corporate 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 Corporate security.
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