Cdspi Petite Cap Fund Earnings Per Share
CDSPI petite cap fundamentals help investors to digest information that contributes to CDSPI Petite's financial success or failures. It also enables traders to predict the movement of CDSPI Fund. The fundamental analysis module provides a way to measure CDSPI Petite's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to CDSPI Petite fund.
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CDSPI petite cap Fund Earnings Per Share Analysis
CDSPI Petite's Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.
CompetitionAccording to the company disclosure, CDSPI petite cap has an Earnings Per Share of 0.0 times. This indicator is about the same for the CDSPI average (which is currently at 0.0) family and about the same as US Small/Mid Cap Equity (which currently averages 0.0) category. This indicator is about the same for all Canada funds average (which is currently at 0.0).
CDSPI Earnings Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses CDSPI Petite's direct or indirect competition against its Earnings Per Share to detect undervalued stocks with similar characteristics or determine the funds which would be a good addition to a portfolio. Peer analysis of CDSPI Petite could also be used in its relative valuation, which is a method of valuing CDSPI Petite by comparing valuation metrics of similar companies.CDSPI Petite is currently under evaluation in earnings per share among similar funds.
Fund Asset Allocation for CDSPI Petite
The fund consists of 96.05% investments in stocks, with the rest of investments allocated between different money market instruments.Asset allocation divides CDSPI Petite's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
CDSPI Fundamentals
| Total Asset | 5.77 M | |||
| One Year Return | (16.24) % | |||
| Three Year Return | (2.66) % | |||
| Five Year Return | 2.73 % | |||
| Ten Year Return | 9.98 % | |||
| Net Asset | 5.77 M | |||
| Minimum Initial Investment | 50 | |||
| Cash Position Weight | 3.95 % | |||
| Equity Positions Weight | 96.05 % |
Pair Trading with CDSPI Petite
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 CDSPI Petite 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 CDSPI Petite will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Microsoft could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Microsoft 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 Microsoft - 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 Microsoft to buy it.
The correlation of Microsoft 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 Microsoft moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Microsoft 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 Microsoft 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.Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any fund could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Other Tools for CDSPI Fund
When running CDSPI Petite's price analysis, check to measure CDSPI Petite's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CDSPI Petite is operating at the current time. Most of CDSPI Petite's value examination focuses on studying past and present price action to predict the probability of CDSPI Petite's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CDSPI Petite's price. Additionally, you may evaluate how the addition of CDSPI Petite to your portfolios can decrease your overall portfolio volatility.
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