CI Black Financial Statements From 2010 to 2024
| 0P0000752C | CAD 16.30 0.04 0.24% |
Check CI Black financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CI Black's main balance sheet or income statement drivers, such as , as well as many indicators such as . 0P0000752C financial statements analysis is a perfect complement when working with CI Black Valuation or Volatility modules.
0P0000752C |
CI Black Creek Fund Net Asset Analysis
CI Black's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current CI Black Net Asset | 2.2 B |
Most of CI Black's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, CI Black Creek is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
| Competition |
Based on the recorded statements, CI Black Creek has a Net Asset of 2.2 B. This is much higher than that of the CI Investments Inc family and significantly higher than that of the Global Equity category. The net asset for all Canada funds is notably lower than that of the firm.
CI Black Creek Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining CI Black's current stock value. Our valuation model uses many indicators to compare CI Black value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across CI Black competition to find correlations between indicators driving CI Black's intrinsic value. More Info.CI Black Creek is fourth largest fund in one year return among similar funds. It is third largest fund in three year return among similar funds reporting about 5.62 of Three Year Return per One Year Return. Comparative valuation analysis is a catch-all model that can be used if you cannot value CI Black by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for CI Black's Fund. 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.About CI Black Financial Statements
CI Black stakeholders use historical fundamental indicators, such as CI Black's revenue or net income, to determine how well the company is positioned to perform in the future. Although CI Black investors may analyze each financial statement separately, they are all interrelated. For example, changes in CI Black's assets and liabilities are reflected in the revenues and expenses on CI Black's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in CI Black Creek. Please read more on our technical analysis and fundamental analysis pages.
The fundamental investment objective of Black Creek Global Leaders Fund is to seek growth of capital by investing primarily in stocks issued by companies worldwide. CI Black is traded on Toronto Stock Exchange in Canada.
Pair Trading with CI Black
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 Black 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 Black will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to CI Black 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 Black 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 Black - 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 Black Creek to buy it.
The correlation of CI Black 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 Black moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CI Black Creek 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 Black 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.Other Information on Investing in 0P0000752C Fund
CI Black financial ratios help investors to determine whether 0P0000752C Fund 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 0P0000752C with respect to the benefits of owning CI Black security.
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