Ci Canadian Convertible Etf Price on October 28, 2024

CXF Etf  CAD 10.11  0.26  2.64%   
Below is the normalized historical share price chart for CI Canadian Convertible extending back to June 07, 2011. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of CI Canadian stands at 10.11, as last reported on the 26th of November, with the highest price reaching 10.11 and the lowest price hitting 9.93 during the day.
3 y Volatility
9.95
200 Day MA
9.8455
1 y Volatility
3.26
50 Day MA
10.069
Inception Date
2011-06-01
 
Yuan Drop
 
Covid
If you're considering investing in CXF Etf, it is important to understand the factors that can impact its price. As of now, CXF Etf is very steady. CI Canadian Convertible retains Efficiency (Sharpe Ratio) of 0.0882, which signifies that the etf had a 0.0882% return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for CI Canadian, which you can use to evaluate the volatility of the entity. Please confirm CI Canadian's Coefficient Of Variation of 4663.4, market risk adjusted performance of (0.04), and Standard Deviation of 0.7937 to double-check if the risk estimate we provide is consistent with the expected return of 0.076%.
  
CXF Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0882

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Estimated Market Risk

 0.86
  actual daily
7
93% of assets are more volatile

Expected Return

 0.08
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.09
  actual daily
6
94% of assets perform better
Based on monthly moving average CI Canadian is performing at about 6% 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 Canadian by adding it to a well-diversified portfolio.

CI Canadian Valuation on October 28, 2024

It is possible to determine the worth of CI Canadian on a given historical date. On October 28, 2024 CXF was worth 10.05 at the beginning of the trading date compared to the closed value of 10.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CI Canadian etf. Still, in general, we apply an absolute valuation method to find CI Canadian's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of CI Canadian where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CI Canadian's related companies.
 Open High Low Close Volume
  10.05    10.06    10.05    10.06    1,100  
10/28/2024
  10.05    10.05    10.05    10.05    300.00  
  10.06    10.17    10.05    10.06    6,600  
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Open Value
10.05
10.05
Closing Value
12.63
Upside

CI Canadian Trading Date Momentum on October 28, 2024

On October 29 2024 CI Canadian Convertible was traded for  10.06  at the closing time. The maximum traded price for the trading interval was 10.17  and the lowest daily price was  10.05 . The daily volume was recorded at 6.6 K. The volume of trading on 29th of October 2024 played a part in the next trading day price boost. The overall trading delta to the next closing price was 0.10% . The overall trading delta to the closing price today is 0.20% .

CI Canadian Convertible Fundamentals Correlations and Trends

By evaluating CI Canadian's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among CI Canadian's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CXF financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About CI Canadian Etf history

CI Canadian investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for CXF is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CI Canadian Convertible will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing CI Canadian stock prices may prove useful in developing a viable investing in CI Canadian
The objectives of ETF are to provide unitholders with quarterly cash distributions, the opportunity for capital appreciation by investing on a capitalization-weighted basis in a portfolio of Convertible Bonds of Canadian issuers. CI FA is traded on Toronto Stock Exchange in Canada.

CI Canadian Etf Technical Analysis

CI Canadian technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
A focus of CI Canadian technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of CI Canadian trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

CI Canadian Period Price Range

Low
November 26, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

CI Canadian Convertible cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

CI Canadian November 26, 2024 Market Strength

Market strength indicators help investors to evaluate how CI Canadian etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CI Canadian shares will generate the highest return on investment. By undertsting and applying CI Canadian etf market strength indicators, traders can identify CI Canadian Convertible entry and exit signals to maximize returns

CI Canadian Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for CI Canadian's price direction in advance. Along with the technical and fundamental analysis of CXF Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of CXF to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Other Information on Investing in CXF Etf

CI Canadian financial ratios help investors to determine whether CXF 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 CXF with respect to the benefits of owning CI Canadian security.