Cibc Active Investment Etf Debt To Equity
| CACB Etf | CAD 20.25 0.01 0.05% |
CIBC Active Investment fundamentals help investors to digest information that contributes to CIBC Active's financial success or failures. It also enables traders to predict the movement of CIBC Etf. The fundamental analysis module provides a way to measure CIBC Active'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 CIBC Active etf.
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CIBC Active Investment ETF Debt To Equity Analysis
CIBC Active's Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
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According to the company disclosure, CIBC Active Investment has a Debt To Equity of 0.0%. This indicator is about the same for the Oil, Gas & Consumable Fuels average (which is currently at 0.0) family and about the same as Canadian Corporate Fixed Income (which currently averages 0.0) category. This indicator is about the same for all Canada etfs average (which is currently at 0.0).
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Fund Asset Allocation for CIBC Active
The fund consists of 91.88% investments in fixed income securities, with the rest of funds allocated in various types of exotic instruments.Asset allocation divides CIBC Active'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.
CIBC Fundamentals
| Beta | 1.02 | |||
| Total Asset | 85.64 M | |||
| Annual Yield | 0.04 % | |||
| One Year Return | 9.70 % | |||
| Three Year Return | 1.90 % | |||
| Five Year Return | 2.70 % | |||
| Net Asset | 85.64 M | |||
| Last Dividend Paid | 0.047 | |||
| Bond Positions Weight | 91.88 % |
About CIBC Active Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze CIBC Active Investment's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CIBC Active using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CIBC Active Investment based on its fundamental data. In general, a quantitative approach, as applied to this etf, 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 CIBC Active
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 CIBC Active 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 CIBC Active will appreciate offsetting losses from the drop in the long position's value.Moving together with CIBC Etf
| 0.86 | XCB | iShares Core Canadian | PairCorr |
| 0.92 | ZCM | BMO Mid Corporate | PairCorr |
| 0.82 | HAB | Global X Active | PairCorr |
| 0.9 | CBH | iShares 1 10Yr | PairCorr |
| 0.81 | NSCC | NBI Sustainable Canadian | PairCorr |
Moving against CIBC Etf
The ability to find closely correlated positions to CIBC Active could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CIBC Active 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 CIBC Active - 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 CIBC Active Investment to buy it.
The correlation of CIBC Active 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 CIBC Active moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CIBC Active Investment 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 CIBC Active 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 CIBC Etf
CIBC Active financial ratios help investors to determine whether CIBC 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 CIBC with respect to the benefits of owning CIBC Active security.