CI Canadian Five Year Return vs. Three Year Return
| CAGS Etf | CAD 47.32 0.07 0.15% |
For CI Canadian profitability analysis, we use financial ratios and fundamental drivers that measure the ability of CI Canadian to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well CI Canadian Short Term utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between CI Canadian's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of CI Canadian Short Term over time as well as its relative position and ranking within its peers.
CAGS |
CI Canadian Short Three Year Return vs. Five Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining CI Canadian's current stock value. Our valuation model uses many indicators to compare CI Canadian value to that of its competitors to determine the firm's financial worth. CI Canadian Short Term is the top ETF in five year return as compared to similar ETFs. It also is the top ETF in three year return as compared to similar ETFs reporting about 1.16 of Three Year Return per Five Year Return. Comparative valuation analysis is a catch-all model that can be used if you cannot value CI Canadian by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for CI Canadian's Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.CAGS Three Year Return vs. Five Year Return
Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
CI Canadian |
| = | 1.90 % |
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
CI Canadian |
| = | 2.20 % |
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
CAGS Three Year Return Comparison
CI Canadian is currently under evaluation in three year return as compared to similar ETFs.
CI Canadian Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in CI Canadian, profitability is also one of the essential criteria for including it into their portfolios because, without profit, CI Canadian will eventually generate negative long term returns. The profitability progress is the general direction of CI Canadian's change in net profit over the period of time. It can combine multiple indicators of CI Canadian, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Each WisdomTree ETF seeks to track, to the extent possible, the price and yield performance of the applicable Index, before fees and expenses. WISDOMTREE YLD is traded on Toronto Stock Exchange in Canada.
CAGS Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on CI Canadian. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of CI Canadian position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the CI Canadian's important profitability drivers and their relationship over time.
| Five Year Return vs Beta | ||
| One Year Return vs Three Year Return | ||
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| Last Dividend Paid vs Three Year Return | ||
| Five Year Return vs Bond Positions Weight |
Use CI Canadian in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CI Canadian position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CI Canadian will appreciate offsetting losses from the drop in the long position's value.CI Canadian Pair Trading
CI Canadian Short Term Pair Trading Analysis
The ability to find closely correlated positions to CI Canadian could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CI Canadian when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CI Canadian - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CI Canadian Short Term to buy it.
The correlation of CI Canadian is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CI Canadian moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CI Canadian Short moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CI Canadian can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your CI Canadian position
In addition to having CI Canadian in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Soft Drinks Thematic Idea Now
Soft Drinks
Entities manufacturing and distributing non alcoholic beverages across different markets. The Soft Drinks theme has 48 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Soft Drinks Theme or any other thematic opportunities.
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Other Information on Investing in CAGS Etf
To fully project CI Canadian's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of CI Canadian Short at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include CI Canadian's income statement, its balance sheet, and the statement of cash flows.