Ci Gold Bullion Fund Target Price
| VALT-B Fund | 37.46 0.11 0.29% |
CI Gold Bullion fundamentals help investors to digest information that contributes to CI Gold's financial success or failures. It also enables traders to predict the movement of VALT-B Fund. The fundamental analysis module provides a way to measure CI Gold'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 Gold fund.
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Pair CorrelationCompare performance and examine fundamental relationship between any two equity instruments |
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About CI Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze CI Gold Bullion's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CI Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CI Gold Bullion 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 CI Gold
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 Gold 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 Gold will appreciate offsetting losses from the drop in the long position's value.Moving against VALT-B Fund
| 0.63 | 0P0000S9O7 | PIMCO Monthly Income | PairCorr |
The ability to find closely correlated positions to CI Gold 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 Gold 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 Gold - 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 Gold Bullion to buy it.
The correlation of CI Gold 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 Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CI Gold Bullion 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 Gold 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 VALT-B Fund
CI Gold financial ratios help investors to determine whether VALT-B 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 VALT-B with respect to the benefits of owning CI Gold security.
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon |