Ci Gold Bullion Etf Performance
| VALT Etf | CAD 33.08 0.38 1.16% |
The etf owns a Beta (Systematic Risk) of 0.0503, which signifies not very significant fluctuations relative to the market. As returns on the market increase, CI Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding CI Gold is expected to be smaller as well.
Risk-Adjusted Performance
8 of 100
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OK
Compared to the overall equity markets, risk-adjusted returns on investments in CI Gold Bullion are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating basic indicators, CI Gold may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
| In Threey Sharp Ratio | 0.85 |
VALT |
CI Gold Relative Risk vs. Return Landscape
If you would invest 3,098 in CI Gold Bullion on August 31, 2024 and sell it today you would earn a total of 210.00 from holding CI Gold Bullion or generate 6.78% return on investment over 90 days. CI Gold Bullion is generating 0.1089% of daily returns and assumes 0.9823% volatility on return distribution over the 90 days horizon. Simply put, 8% of etfs are less volatile than VALT, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
CI Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for CI Gold's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as CI Gold Bullion, and traders can use it to determine the average amount a CI Gold'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 = 0.1109
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| Cash | VALT | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.98 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average CI Gold is performing at about 8% 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 Gold by adding it to a well-diversified portfolio.
CI Gold Fundamentals Growth
VALT Etf prices reflect investors' perceptions of the future prospects and financial health of CI Gold, and CI Gold 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 VALT Etf performance.
| Total Asset | 47.49 M | |||
About CI Gold Performance
By examining CI Gold's fundamental ratios, stakeholders can obtain critical insights into CI Gold'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 CI Gold 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.
CI GOLD is traded on Toronto Stock Exchange in Canada.| The fund keeps all of the net assets in exotic instruments |
Other Information on Investing in VALT Etf
CI Gold financial ratios help investors to determine whether VALT 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 VALT with respect to the benefits of owning CI Gold security.