Ci Canadian Reit Etf Performance
| RIT Etf | CAD 16.60 0.11 0.67% |
The etf owns a Beta (Systematic Risk) of 0.23, which signifies not very significant fluctuations relative to the market. As returns on the market increase, CI Canadian's returns are expected to increase less than the market. However, during the bear market, the loss of holding CI Canadian is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days CI Canadian REIT has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy basic indicators, CI Canadian is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
1 | Where a Top REIT ETF Manager Is Finding Attractive Stocks - Morningstar.ca | 09/16/2024 |
| In Threey Sharp Ratio | 0.01 |
RIT |
CI Canadian Relative Risk vs. Return Landscape
If you would invest 1,694 in CI Canadian REIT on August 31, 2024 and sell it today you would lose (34.00) from holding CI Canadian REIT or give up 2.01% of portfolio value over 90 days. CI Canadian REIT is producing return of less than zero assuming 0.7498% volatility of returns over the 90 days investment horizon. Simply put, 6% of all etfs have less volatile historical return distribution than CI Canadian, 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 Canadian Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for CI Canadian's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as CI Canadian REIT, and traders can use it to determine the average amount a CI Canadian'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 = -0.0392
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | RIT |
Estimated Market Risk
| 0.75 actual daily | 6 94% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average CI Canadian 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 Canadian by adding CI Canadian to a well-diversified portfolio.
CI Canadian Fundamentals Growth
RIT Etf prices reflect investors' perceptions of the future prospects and financial health of CI Canadian, and CI Canadian 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 RIT Etf performance.
| Price To Earning | 7.93 X | |||
| Earnings Per Share | 2.12 X | |||
| Total Asset | 521.3 M | |||
About CI Canadian Performance
By examining CI Canadian's fundamental ratios, stakeholders can obtain critical insights into CI Canadian'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 Canadian 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 ETFs investment objective is to seek long-term total returns consisting of regular income and long-term capital appreciation from an actively managed portfolio comprised primarily of securities of Canadian REITs, REOCs and entities involved in real estate related services. CI FA is traded on Toronto Stock Exchange in Canada.| CI Canadian REIT generated a negative expected return over the last 90 days | |
| The fund generated three year return of 0.0% | |
| CI Canadian REIT maintains 92.03% of its assets in stocks |
Other Information on Investing in RIT Etf
CI Canadian financial ratios help investors to determine whether RIT 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 RIT with respect to the benefits of owning CI Canadian security.