Ci Yield Enhanced Etf Ten Year Return
| CAGG Etf | CAD 45.31 0.02 0.04% |
CI Yield Enhanced fundamentals help investors to digest information that contributes to CI Yield's financial success or failures. It also enables traders to predict the movement of CAGG Etf. The fundamental analysis module provides a way to measure CI Yield'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 CI Yield etf.
CAGG |
CI Yield Enhanced ETF Ten Year Return Analysis
CI Yield's Ten Year Return shows the total annualized return generated from holding a fund for the last 10 years and represents fund's capital appreciation, including dividends losses and capital gains distributions. This return indicator is considered by many investors to be the ultimate measures of fund performance and can reflect the overall performance of the market or market segment it invests in.
More About Ten Year Return | All Equity Analysis
Ten Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Although Ten Year Fund Return indicator can give a sense of overall fund long-term potential, it is recommended to compare funds performances against other similar funds or market benchmarks for the same 10-year interval.
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Based on the latest financial disclosure, CI Yield Enhanced has a Ten Year Return of 0.0%. This indicator is about the same for the WisdomTree Asset Management Inc average (which is currently at 0.0) family and about the same as Canadian 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 CI Yield
The fund invests most of its asset under management in bonds or other fixed income securities. .Asset allocation divides CI Yield'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.
CAGG Fundamentals
| Beta | 1.08 | |||
| Total Asset | 148.21 M | |||
| One Year Return | 8.00 % | |||
| Three Year Return | 0.10 % | |||
| Five Year Return | 0.70 % | |||
| Net Asset | 148.21 M | |||
| Last Dividend Paid | 0.14 | |||
| Bond Positions Weight | 99.27 % |
About CI Yield Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze CI Yield Enhanced's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CI Yield using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CI Yield Enhanced 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 CI Yield
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 CI Yield 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 CI Yield will appreciate offsetting losses from the drop in the long position's value.Moving together with CAGG Etf
| 0.85 | ZAG | BMO Aggregate Bond | PairCorr |
| 0.84 | XBB | iShares Canadian Universe | PairCorr |
| 0.86 | ZCPB | BMO Core Plus | PairCorr |
| 0.85 | ZDB | BMO Discount Bond | PairCorr |
| 0.84 | XGB | iShares Canadian Gov | PairCorr |
The ability to find closely correlated positions to CI Yield could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CI Yield 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 CI Yield - 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 CI Yield Enhanced to buy it.
The correlation of CI Yield 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 CI Yield moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CI Yield Enhanced 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 CI Yield 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 CAGG Etf
CI Yield financial ratios help investors to determine whether CAGG 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 CAGG with respect to the benefits of owning CI Yield security.