Ci Canada Quality Etf Performance
| DGRC Etf | CAD 38.96 0.26 0.66% |
The etf owns a Beta (Systematic Risk) of 0.0944, which signifies not very significant fluctuations relative to the market. As returns on the market increase, CI Canada's returns are expected to increase less than the market. However, during the bear market, the loss of holding CI Canada is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days CI Canada Quality has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy basic indicators, CI Canada is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
| In Threey Sharp Ratio | 0.23 |
DGRC |
CI Canada Relative Risk vs. Return Landscape
If you would invest 3,971 in CI Canada Quality on October 9, 2024 and sell it today you would lose (75.00) from holding CI Canada Quality or give up 1.89% of portfolio value over 90 days. CI Canada Quality is generating negative expected returns and assumes 0.5753% volatility on return distribution over the 90 days horizon. Simply put, 5% of etfs are less volatile than DGRC, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
CI Canada Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for CI Canada's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as CI Canada Quality, and traders can use it to determine the average amount a CI Canada'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 = -0.0524
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | DGRC |
Estimated Market Risk
| 0.58 actual daily | 5 95% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average CI Canada 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 CI Canada by adding CI Canada to a well-diversified portfolio.
CI Canada Fundamentals Growth
DGRC Etf prices reflect investors' perceptions of the future prospects and financial health of CI Canada, and CI Canada 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 DGRC Etf performance.
| Total Asset | 233.13 M | |||
About CI Canada Performance
By examining CI Canada's fundamental ratios, stakeholders can obtain critical insights into CI Canada'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 Canada 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.
TThe ETF seeks to track, to the extent possible, the price and yield performance of the WisdomTree Canada Quality Dividend Growth Index, before fees and expenses. WISDOMTREE CDN is traded on Toronto Stock Exchange in Canada.| CI Canada Quality generated a negative expected return over the last 90 days | |
| The fund retains 99.14% of its assets under management (AUM) in equities |
Other Information on Investing in DGRC Etf
CI Canada financial ratios help investors to determine whether DGRC 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 DGRC with respect to the benefits of owning CI Canada security.