Canadian High Income Fund Manager Performance Evaluation
| CIQ-UN Fund | CAD 7.00 0.00 0.00% |
The fund shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and Canadian High are completely uncorrelated.
Risk-Adjusted Performance
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Very Weak
Over the last 90 days Canadian High Income has generated negative risk-adjusted returns adding no value to fund investors. Despite somewhat strong basic indicators, Canadian High is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Fifty Two Week Low | 6.77 | |
| Fifty Two Week High | 8.97 |
Canadian |
Canadian High Relative Risk vs. Return Landscape
If you would invest 700.00 in Canadian High Income on September 1, 2024 and sell it today you would earn a total of 0.00 from holding Canadian High Income or generate 0.0% return on investment over 90 days. Canadian High Income is generating negative expected returns and assumes 0.0% volatility on return distribution over the 90 days horizon. Simply put, 0% of funds are less volatile than 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 |
Canadian High Current Valuation
Fairly Valued
Today
Please note that Canadian High's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Canadian High Income shows a prevailing Real Value of C$7.0 per share. The current price of the fund is C$7.0. We determine the value of Canadian High Income from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor taking in undervalued funds and trading overvalued funds since, at some point, fund prices and their ongoing real values will blend.
Since Canadian High is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Canadian Fund. However, Canadian High's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 7.0 | Real 7.0 | Hype 7.0 | Naive 7.0 |
The real value of Canadian Fund, also known as its intrinsic value, is the underlying worth of Canadian High Income Fund, which is reflected in its stock price. It is based on Canadian High's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of Canadian High's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, or news.
Estimating the potential upside or downside of Canadian High Income helps investors to forecast how Canadian fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Canadian High more accurately as focusing exclusively on Canadian High's fundamentals will not take into account other important factors: Canadian High Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Canadian High's investment risk. Standard deviation is the most common way to measure market volatility of funds, such as Canadian High Income, and traders can use it to determine the average amount a Canadian High'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 = 0.0
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| CIQ-UN |
Based on monthly moving average Canadian High 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 Canadian High by adding Canadian High to a well-diversified portfolio.
Canadian High Fundamentals Growth
Canadian Fund prices reflect investors' perceptions of the future prospects and financial health of Canadian High, and Canadian High 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 Canadian Fund performance.
| Shares Outstanding | 2.67 M | |||
About Canadian High Performance
By analyzing Canadian High's fundamental ratios, stakeholders can gain valuable insights into Canadian High's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Canadian High has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Canadian High has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Canadian High Income Equity Fund is a closed-ended equity mutual fund launched by Brompton Funds Limited. Canadian High Income Equity Fund as formed on February 18, 2010 and is domiciled in Canada. CANADIAN HIGH operates under Asset Management classification in Canada and is traded on Toronto Stock Exchange.Things to note about Canadian High Income performance evaluation
Checking the ongoing alerts about Canadian High for important developments is a great way to find new opportunities for your next move. Fund alerts and notifications screener for Canadian High Income help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Canadian High Income generated a negative expected return over the last 90 days |
- Analyzing Canadian High's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Canadian High's stock is overvalued or undervalued compared to its peers.
- Examining Canadian High's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Canadian High's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Canadian High's management team can help you assess the Fund's leadership.
- Pay attention to analyst opinions and ratings of Canadian High's fund. These opinions can provide insight into Canadian High's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Canadian Fund
Canadian High financial ratios help investors to determine whether Canadian 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 Canadian with respect to the benefits of owning Canadian High security.
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
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| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments |