Ci First Asset Etf Performance
| MXF Etf | CAD 12.20 0.18 1.50% |
The etf owns a Beta (Systematic Risk) of 0.0539, which signifies not very significant fluctuations relative to the market. As returns on the market increase, CI First's returns are expected to increase less than the market. However, during the bear market, the loss of holding CI First 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 First Asset are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating technical and fundamental indicators, CI First displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
| In Threey Sharp Ratio | -0.08 |
MXF |
CI First Relative Risk vs. Return Landscape
If you would invest 1,071 in CI First Asset on November 29, 2024 and sell it today you would earn a total of 142.00 from holding CI First Asset or generate 13.26% return on investment over 90 days. CI First Asset is generating 0.2191% of daily returns assuming 1.5212% volatility of returns over the 90 days investment horizon. Simply put, 13% of all etfs have less volatile historical return distribution than CI First, 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 First Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for CI First's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as CI First Asset, and traders can use it to determine the average amount a CI First'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 = 0.144
| Best Portfolio | Best Equity | |||
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| Small Returns | MXF | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.52 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average CI First 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 First by adding it to a well-diversified portfolio.
CI First Fundamentals Growth
MXF Etf prices reflect investors' perceptions of the future prospects and financial health of CI First, and CI First 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 MXF Etf performance.
| Price To Earning | 34.18 X | |||
| Price To Book | 1.10 X | |||
| Price To Sales | 1.83 X | |||
| Total Asset | 20.9 M | |||
About CI First Performance
By examining CI First's fundamental ratios, stakeholders can obtain critical insights into CI First'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 First 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 investment objective of the Can-Materials ETF is to provide unitholders, through an actively managed portfolio, as described below, with quarterly cash distributions, the opportunity for capital appreciation by investing on an equal weight basis in a portfolio of securities of the 25 largest issuers measured by market capitalization chosen from the SPTSX Capped Materials Index and lower overall volatility of returns on the portfolio than would be experienced by owning a portfolio of securities of such issuers directly. CI FA is traded on Toronto Stock Exchange in Canada.| The fund generated three year return of -4.0% | |
| CI First Asset maintains 99.67% of its assets in stocks |
Other Information on Investing in MXF Etf
CI First financial ratios help investors to determine whether MXF 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 MXF with respect to the benefits of owning CI First security.