Cdspi Corporate Bond Fund Manager Performance Evaluation
| 0P0000JU3U | CAD 23.44 0.02 0.09% |
The fund shows a Beta (market volatility) of 0.0661, which signifies not very significant fluctuations relative to the market. As returns on the market increase, CDSPI Corporate's returns are expected to increase less than the market. However, during the bear market, the loss of holding CDSPI Corporate is expected to be smaller as well.
Risk-Adjusted Performance
14 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in CDSPI Corporate Bond are ranked lower than 14 (%) of all funds and portfolios of funds over the last 90 days. Even with relatively steady forward-looking indicators, CDSPI Corporate is not utilizing all of its potentials. The current stock price chaos, may contribute to medium-term losses for the stakeholders.
...more| Fifty Two Week Low | 17.44 | |
| Fifty Two Week High | 20.85 |
CDSPI |
CDSPI Corporate Relative Risk vs. Return Landscape
If you would invest 2,300 in CDSPI Corporate Bond on October 27, 2024 and sell it today you would earn a total of 44.00 from holding CDSPI Corporate Bond or generate 1.91% return on investment over 90 days. CDSPI Corporate Bond is generating 0.0307% of daily returns and assumes 0.1711% volatility on return distribution over the 90 days horizon. Simply put, 1% of funds are less volatile than CDSPI, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
CDSPI Corporate Current Valuation
Overvalued
Today
Please note that CDSPI Corporate's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. CDSPI Corporate Bond shows a prevailing Real Value of C$21.52 per share. The current price of the fund is C$23.44. We determine the value of CDSPI Corporate Bond from reviewing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor acquiring undervalued funds and dropping overvalued funds since, in the future, fund prices and their ongoing real values will blend.
CDSPI Corporate's intrinsic value may or may not be the same as its current market price of 23.44, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 23.44 | Real 21.52 | Hype 23.44 | Naive 23.59 |
The intrinsic value of CDSPI Corporate's stock can be calculated using various methods such as discounted cash flow or dividend analysis. That value may differ from its market price, which is determined by factors such as investor sentiment, market trends, headlines, and other external factors that may influence CDSPI Corporate's stock price.
Estimating the potential upside or downside of CDSPI Corporate Bond helps investors to forecast how CDSPI fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of CDSPI Corporate more accurately as focusing exclusively on CDSPI Corporate's fundamentals will not take into account other important factors: CDSPI Corporate Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for CDSPI Corporate's investment risk. Standard deviation is the most common way to measure market volatility of funds, such as CDSPI Corporate Bond, and traders can use it to determine the average amount a CDSPI Corporate's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1795
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| Negative Returns | 0P0000JU3U |
Estimated Market Risk
| 0.17 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average CDSPI Corporate is performing at about 14% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of CDSPI Corporate by adding it to a well-diversified portfolio.
CDSPI Corporate Fundamentals Growth
CDSPI Fund prices reflect investors' perceptions of the future prospects and financial health of CDSPI Corporate, and CDSPI Corporate fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on CDSPI Fund performance.
| Total Asset | 27.78 M | |||
About CDSPI Corporate Performance
By evaluating CDSPI Corporate's fundamental ratios, stakeholders can gain valuable insights into CDSPI Corporate's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if CDSPI Corporate has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if CDSPI Corporate has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The funds investment objective is to achieve a yield advantage by using fundamental value analysis to evaluate investments. CDSPI Corporate is traded on Toronto Stock Exchange in Canada.Things to note about CDSPI Corporate Bond performance evaluation
Checking the ongoing alerts about CDSPI Corporate for important developments is a great way to find new opportunities for your next move. Fund alerts and notifications screener for CDSPI Corporate Bond help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund holds about 77.57% of its total net assets in fixed income securities |
- Analyzing CDSPI Corporate's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether CDSPI Corporate's stock is overvalued or undervalued compared to its peers.
- Examining CDSPI Corporate's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating CDSPI Corporate's management team can have a significant impact on its success or failure. Reviewing the track record and experience of CDSPI Corporate's management team can help you assess the Fund's leadership.
- Pay attention to analyst opinions and ratings of CDSPI Corporate's fund. These opinions can provide insight into CDSPI Corporate's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in CDSPI Fund
CDSPI Corporate financial ratios help investors to determine whether CDSPI 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 CDSPI with respect to the benefits of owning CDSPI Corporate security.
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