Cibc Clean Energy Etf Performance
| CCLN Etf | 8.34 0.00 0.00% |
The etf owns a Beta (Systematic Risk) of -0.14, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning CIBC Clean are expected to decrease at a much lower rate. During the bear market, CIBC Clean is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days CIBC Clean Energy has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound technical and fundamental indicators, CIBC Clean is not utilizing all of its potentials. The recent stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
CIBC |
CIBC Clean Relative Risk vs. Return Landscape
If you would invest 843.00 in CIBC Clean Energy on September 3, 2024 and sell it today you would lose (9.00) from holding CIBC Clean Energy or give up 1.07% of portfolio value over 90 days. CIBC Clean Energy is generating negative expected returns and assumes 1.8587% volatility on return distribution over the 90 days horizon. Simply put, 16% of etfs are less volatile than CIBC, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
CIBC Clean Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for CIBC Clean's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as CIBC Clean Energy, and traders can use it to determine the average amount a CIBC Clean'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 = -1.0E-4
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| Negative Returns | CCLN |
Estimated Market Risk
| 1.86 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average CIBC Clean is not performing at its full potential. However, 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 CIBC Clean by adding CIBC Clean to a well-diversified portfolio.
About CIBC Clean Performance
By analyzing CIBC Clean's fundamental ratios, stakeholders can gain valuable insights into CIBC Clean's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if CIBC Clean 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 CIBC Clean has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
CIBC Clean is entity of Canada. It is traded as Etf on NEO exchange.| CIBC Clean Energy generated a negative expected return over the last 90 days |
Other Information on Investing in CIBC Etf
CIBC Clean 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 Clean security.