Ia Clarington Floating Etf Performance
| IFRF Etf | CAD 8.33 0.01 0.12% |
The entity owns a Beta (Systematic Risk) of -0.0036, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning IA Clarington are expected to decrease at a much lower rate. During the bear market, IA Clarington is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days IA Clarington Floating has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy basic indicators, IA Clarington is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
| In Threey Sharp Ratio | -0.42 |
IFRF |
IA Clarington Relative Risk vs. Return Landscape
If you would invest 837.00 in IA Clarington Floating on August 29, 2024 and sell it today you would lose (4.00) from holding IA Clarington Floating or give up 0.48% of portfolio value over 90 days. IA Clarington Floating is generating negative expected returns and assumes 0.2096% volatility on return distribution over the 90 days horizon. Simply put, 1% of etfs are less volatile than IFRF, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
IA Clarington Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for IA Clarington's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as IA Clarington Floating, and traders can use it to determine the average amount a IA Clarington'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 = -0.0358
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| Negative Returns | IFRF |
Estimated Market Risk
| 0.21 actual daily | 1 99% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average IA Clarington 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 IA Clarington by adding IA Clarington to a well-diversified portfolio.
IA Clarington Fundamentals Growth
IFRF Etf prices reflect investors' perceptions of the future prospects and financial health of IA Clarington, and IA Clarington 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 IFRF Etf performance.
| Total Asset | 912.6 M | |||
About IA Clarington Performance
By examining IA Clarington's fundamental ratios, stakeholders can obtain critical insights into IA Clarington's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that IA Clarington is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
The Funds objective is to provide unitholders with a stream of current monthly income by investing primarily in senior floating rate loans, other floating rate securities and debt obligations of investment grade and non-investment grade North American and global corporate issuers. IA CLARINGTON is traded on Toronto Stock Exchange in Canada.| IA Clarington generated a negative expected return over the last 90 days | |
| The fund retains about 96.04% of its assets under management (AUM) in fixed income securities |
Other Information on Investing in IFRF Etf
IA Clarington financial ratios help investors to determine whether IFRF 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 IFRF with respect to the benefits of owning IA Clarington security.