Ci Munro Alternative Etf Performance
| CMAG Etf | CAD 37.78 0.33 0.88% |
The etf owns a Beta (Systematic Risk) of 0.37, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, CI Munro's returns are expected to increase less than the market. However, during the bear market, the loss of holding CI Munro is expected to be smaller as well.
Risk-Adjusted Performance
18 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in CI Munro Alternative are ranked lower than 18 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating basic indicators, CI Munro displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
CMAG |
CI Munro Relative Risk vs. Return Landscape
If you would invest 3,286 in CI Munro Alternative on September 4, 2024 and sell it today you would earn a total of 492.00 from holding CI Munro Alternative or generate 14.97% return on investment over 90 days. CI Munro Alternative is generating 0.2227% of daily returns and assumes 0.9544% volatility on return distribution over the 90 days horizon. Simply put, 8% of etfs are less volatile than CMAG, 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 Munro Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for CI Munro's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as CI Munro Alternative, and traders can use it to determine the average amount a CI Munro'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 = 0.2334
| Best Portfolio | Best Equity | |||
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| Small Returns | CMAG | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.95 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 18 82% of assets perform better |
Based on monthly moving average CI Munro is performing at about 18% 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 Munro by adding it to a well-diversified portfolio.
CI Munro Fundamentals Growth
CMAG Etf prices reflect investors' perceptions of the future prospects and financial health of CI Munro, and CI Munro 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 CMAG Etf performance.
| Total Asset | 346.26 M | |||
About CI Munro Performance
By examining CI Munro's fundamental ratios, stakeholders can obtain critical insights into CI Munro'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 Munro 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.
CI MUNRO is traded on Toronto Stock Exchange in Canada.