Ci Gold Giants Etf Performance
| CGXF Etf | CAD 12.20 0.18 1.50% |
The etf owns a Beta (Systematic Risk) of 0.45, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, CI Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding CI Gold is expected to be smaller as well.
Risk-Adjusted Performance
Good
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in CI Gold Giants are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating basic indicators, CI Gold displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Looking for Gold Exposure in 2025 3 ETFs to Consider - The Globe and Mail | 01/14/2025 |
CGXF |
CI Gold Relative Risk vs. Return Landscape
If you would invest 1,071 in CI Gold Giants on November 29, 2024 and sell it today you would earn a total of 149.00 from holding CI Gold Giants or generate 13.91% return on investment over 90 days. CI Gold Giants is generating 0.2286% of daily returns and assumes 1.5177% volatility on return distribution over the 90 days horizon. Simply put, 13% of etfs are less volatile than CGXF, and 96% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
CI Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for CI Gold's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as CI Gold Giants, and traders can use it to determine the average amount a CI Gold'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 = 0.1506
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| Small Returns | CGXF | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.52 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.23 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average CI Gold is performing at about 11% 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 CI Gold by adding it to a well-diversified portfolio.
CI Gold Fundamentals Growth
CGXF Etf prices reflect investors' perceptions of the future prospects and financial health of CI Gold, and CI Gold 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 CGXF Etf performance.
| Total Asset | 445.57 M | |||
About CI Gold Performance
By examining CI Gold's fundamental ratios, stakeholders can obtain critical insights into CI Gold's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that CI Gold is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
The Funds investment objective is to provide unitholders, through an actively managed portfolio, with quarterly cash distributions, the opportunity for capital appreciation by investing on an equal weight basis in a portfolio of securities of the 15 largest Gold and Precious Metals Companies measured by market capitalization listed on a North American stock exchange that have liquid options markets and lower overall volatility of returns on the portfolio than would be experienced by owning a portfolio of securities of such issuers directly. CI FIRST is traded on Toronto Stock Exchange in Canada.| The fund holds 99.71% of its assets under management (AUM) in equities |
Other Information on Investing in CGXF Etf
CI Gold financial ratios help investors to determine whether CGXF 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 CGXF with respect to the benefits of owning CI Gold security.