Ci Preferred Share Etf Market Value

FPR Etf  CAD 23.31  0.06  0.26%   
CI Preferred's market value is the price at which a share of CI Preferred trades on a public exchange. It measures the collective expectations of CI Preferred Share investors about its performance. CI Preferred is selling at 23.31 as of the 16th of March 2025; that is 0.26 percent decrease since the beginning of the trading day. The etf's open price was 23.37.
With this module, you can estimate the performance of a buy and hold strategy of CI Preferred Share and determine expected loss or profit from investing in CI Preferred over a given investment horizon. Check out CI Preferred Correlation, CI Preferred Volatility and CI Preferred Alpha and Beta module to complement your research on CI Preferred.
Symbol

Please note, there is a significant difference between CI Preferred's value and its price as these two are different measures arrived at by different means. Investors typically determine if CI Preferred is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CI Preferred'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.

CI Preferred '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 CI Preferred'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 CI Preferred.
0.00
12/16/2024
No Change 0.00  0.0 
In 2 months and 31 days
03/16/2025
0.00
If you would invest  0.00  in CI Preferred on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding CI Preferred Share or generate 0.0% return on investment in CI Preferred over 90 days. CI Preferred is related to or competes with Dynamic Active, CI Global, CI Enhanced, and First Asset. The First Asset Preferred Share ETFs investment objective is to provide Unitholders with regular distributions and the o... More

CI Preferred 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 CI Preferred'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 CI Preferred Share upside and downside potential and time the market with a certain degree of confidence.

CI Preferred Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for CI Preferred's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CI Preferred's standard deviation. In reality, there are many statistical measures that can use CI Preferred historical prices to predict the future CI Preferred's volatility.
Hype
Prediction
LowEstimatedHigh
22.9023.3123.72
Details
Intrinsic
Valuation
LowRealHigh
22.8823.2923.70
Details

CI Preferred Share Backtested Returns

As of now, FPR Etf is very steady. CI Preferred Share retains Efficiency (Sharpe Ratio) of 0.0261, which signifies that the etf had a 0.0261 % return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for CI Preferred, which you can use to evaluate the volatility of the entity. Please confirm CI Preferred's Coefficient Of Variation of 936.79, market risk adjusted performance of 0.8804, and Standard Deviation of 0.4288 to double-check if the risk estimate we provide is consistent with the expected return of 0.0105%. The etf owns a Beta (Systematic Risk) of 0.0411, which signifies not very significant fluctuations relative to the market. As returns on the market increase, CI Preferred's returns are expected to increase less than the market. However, during the bear market, the loss of holding CI Preferred is expected to be smaller as well.

Auto-correlation

    
  -0.44  

Modest reverse predictability

CI Preferred Share has modest reverse predictability. Overlapping area represents the amount of predictability between CI Preferred 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 CI Preferred Share price movement. The serial correlation of -0.44 indicates that just about 44.0% of current CI Preferred price fluctuation can be explain by its past prices.
Correlation Coefficient-0.44
Spearman Rank Test-0.51
Residual Average0.0
Price Variance0.01

CI Preferred Share lagged returns against current returns

Autocorrelation, which is CI Preferred 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 CI Preferred's etf expected returns. We can calculate the autocorrelation of CI Preferred returns to help us make a trade decision. For example, suppose you find that CI Preferred 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  

CI Preferred 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 CI Preferred etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CI Preferred etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CI Preferred etf over time.
   Current vs Lagged Prices   
       Timeline  

CI Preferred Lagged Returns

When evaluating CI Preferred's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CI Preferred etf have on its future price. CI Preferred 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, CI Preferred autocorrelation shows the relationship between CI Preferred etf current value and its past values and can show if there is a momentum factor associated with investing in CI Preferred Share.
   Regressed Prices   
       Timeline  

Other Information on Investing in FPR Etf

CI Preferred financial ratios help investors to determine whether FPR 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 FPR with respect to the benefits of owning CI Preferred security.