Edgepoint Global Financial Statements From 2010 to 2024
| 0P0000IUYO | CAD 39.17 0.15 0.38% |
Check Edgepoint Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Edgepoint Global's main balance sheet or income statement drivers, such as , as well as many indicators such as . Edgepoint financial statements analysis is a perfect complement when working with Edgepoint Global Valuation or Volatility modules.
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Edgepoint Global Portfolio Fund Net Asset Analysis
Edgepoint Global'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 Edgepoint Global Net Asset | 6.78 B |
Most of Edgepoint Global'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, Edgepoint Global Portfolio 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.
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Based on the recorded statements, Edgepoint Global Portfolio has a Net Asset of 6.78 B. This is much higher than that of the EdgePoint Wealth Management 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.
Edgepoint Global Por Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Edgepoint Global's current stock value. Our valuation model uses many indicators to compare Edgepoint Global value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Edgepoint Global competition to find correlations between indicators driving Edgepoint Global's intrinsic value. More Info.Edgepoint Global Portfolio is rated below average in one year return among similar funds. It also is rated below average in three year return among similar funds . Comparative valuation analysis is a catch-all model that can be used if you cannot value Edgepoint Global by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Edgepoint Global'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 Edgepoint Global Financial Statements
Investors use fundamental indicators, such as Edgepoint Global's revenue or net income, to determine how well the company is positioned to perform in the future. Although Edgepoint Global's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
The Funds objective is to provide long-term capital appreciation by investing primarily in global equity securities. EdgePoint Global is traded on Toronto Stock Exchange in Canada.
Pair Trading with Edgepoint Global
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 Edgepoint Global 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 Edgepoint Global will appreciate offsetting losses from the drop in the long position's value.Moving together with Edgepoint Fund
| 0.85 | 0P00012UCU | RBC Global Equity | PairCorr |
| 0.95 | 0P0001FAU5 | TD Comfort Aggressive | PairCorr |
The ability to find closely correlated positions to Edgepoint Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Edgepoint Global 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 Edgepoint Global - 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 Edgepoint Global Portfolio to buy it.
The correlation of Edgepoint Global 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 Edgepoint Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Edgepoint Global Por 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 Edgepoint Global 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 Edgepoint Fund
Edgepoint Global financial ratios help investors to determine whether Edgepoint 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 Edgepoint with respect to the benefits of owning Edgepoint Global security.
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