Cibc Sustainable Balanced Etf Market Value
| CSBG Etf | 20.45 0.00 0.00% |
| Symbol | CIBC |
Please note, there is a significant difference between CIBC Sustainable's value and its price as these two are different measures arrived at by different means. Investors typically determine if CIBC Sustainable is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CIBC Sustainable's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
CIBC Sustainable 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to CIBC Sustainable's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of CIBC Sustainable.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in CIBC Sustainable on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding CIBC Sustainable Balanced or generate 0.0% return on investment in CIBC Sustainable over 90 days. CIBC Sustainable is related to or competes with CIBC Core, CIBC Canadian, CIBC Conservative, and CIBC Global. More
CIBC Sustainable Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure CIBC Sustainable's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess CIBC Sustainable Balanced upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.8081 | |||
| Maximum Drawdown | 1.14 |
CIBC Sustainable Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CIBC Sustainable's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CIBC Sustainable's standard deviation. In reality, there are many statistical measures that can use CIBC Sustainable historical prices to predict the future CIBC Sustainable's volatility.| Risk Adjusted Performance | 0.0617 | |||
| Jensen Alpha | 0.0049 | |||
| Total Risk Alpha | 0.0269 | |||
| Treynor Ratio | (0.25) |
CIBC Sustainable Balanced Backtested Returns
At this point, CIBC Sustainable is very steady. CIBC Sustainable Balanced retains Efficiency (Sharpe Ratio) of 0.13, which signifies that the etf had a 0.13 % return per unit of risk over the last 3 months. We have found sixteen technical indicators for CIBC Sustainable, which you can use to evaluate the volatility of the entity. Please confirm CIBC Sustainable's market risk adjusted performance of (0.24), and Variance of 0.0212 to double-check if the risk estimate we provide is consistent with the expected return of 0.0186%. The etf owns a Beta (Systematic Risk) of -0.034, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning CIBC Sustainable are expected to decrease at a much lower rate. During the bear market, CIBC Sustainable is likely to outperform the market.
Auto-correlation | 0.00 |
No correlation between past and present
CIBC Sustainable Balanced has no correlation between past and present. Overlapping area represents the amount of predictability between CIBC Sustainable time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of CIBC Sustainable Balanced price movement. The serial correlation of 0.0 indicates that just 0.0% of current CIBC Sustainable price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
CIBC Sustainable Balanced lagged returns against current returns
Autocorrelation, which is CIBC Sustainable etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting CIBC Sustainable's etf expected returns. We can calculate the autocorrelation of CIBC Sustainable returns to help us make a trade decision. For example, suppose you find that CIBC Sustainable has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
CIBC Sustainable regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If CIBC Sustainable etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CIBC Sustainable etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CIBC Sustainable etf over time.
Current vs Lagged Prices |
| Timeline |
CIBC Sustainable Lagged Returns
When evaluating CIBC Sustainable's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CIBC Sustainable etf have on its future price. CIBC Sustainable autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, CIBC Sustainable autocorrelation shows the relationship between CIBC Sustainable etf current value and its past values and can show if there is a momentum factor associated with investing in CIBC Sustainable Balanced.
Regressed Prices |
| Timeline |
Other Information on Investing in CIBC Etf
CIBC Sustainable 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 Sustainable security.