Ci Black Creek Fund Three Year Return
| 0P0000752C | CAD 16.05 0.03 0.19% |
CI Black Creek fundamentals help investors to digest information that contributes to CI Black's financial success or failures. It also enables traders to predict the movement of 0P0000752C Fund. The fundamental analysis module provides a way to measure CI Black'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 CI Black fund.
0P0000752C |
CI Black Creek Fund Three Year Return Analysis
CI Black's Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
More About Three Year Return | All Equity Analysis
Three Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current CI Black Three Year Return | 1.91 % |
Most of CI Black's fundamental indicators, such as Three Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, CI Black Creek is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
| Competition |
Based on the latest financial disclosure, CI Black Creek has a Three Year Return of 1.91%. This is much higher than that of the CI Investments Inc family and significantly higher than that of the Global Equity category. The three year return for all Canada funds is notably lower than that of the firm.
0P0000752C Three Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses CI Black's direct or indirect competition against its Three Year Return to detect undervalued stocks with similar characteristics or determine the funds which would be a good addition to a portfolio. Peer analysis of CI Black could also be used in its relative valuation, which is a method of valuing CI Black by comparing valuation metrics of similar companies.CI Black is currently under evaluation in three year return among similar funds.
Fund Asset Allocation for CI Black
The fund consists of 98.86% investments in stocks, with the rest of investments allocated between different money market instruments.Asset allocation divides CI Black'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.
0P0000752C Fundamentals
| Total Asset | 2.2 B | |||
| One Year Return | 0.34 % | |||
| Three Year Return | 1.91 % | |||
| Five Year Return | 6.37 % | |||
| Ten Year Return | 10.77 % | |||
| Net Asset | 2.2 B | |||
| Minimum Initial Investment | 500 | |||
| Cash Position Weight | 1.14 % | |||
| Equity Positions Weight | 98.86 % |
About CI Black Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze CI Black Creek's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CI Black using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CI Black Creek based on its fundamental data. In general, a quantitative approach, as applied to this fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with CI Black
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 CI Black 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 CI Black will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to CI Black could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CI Black 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 CI Black - 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 CI Black Creek to buy it.
The correlation of CI Black 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 CI Black moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CI Black Creek 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 CI Black 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.Other Information on Investing in 0P0000752C Fund
CI Black financial ratios help investors to determine whether 0P0000752C 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 0P0000752C with respect to the benefits of owning CI Black security.
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance |