Ci Signature Cat Fund Fundamentals
| 0P0001AAKP | CAD 36.67 0.30 0.82% |
CI Signature Cat fundamentals help investors to digest information that contributes to CI Signature's financial success or failures. It also enables traders to predict the movement of 0P0001AAKP Fund. The fundamental analysis module provides a way to measure CI Signature'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 Signature fund.
0P0001AAKP |
CI Signature Cat Fund Cash Position Weight Analysis
CI Signature's Percentage of fund asset invested in cash equivalents or risk-free instruments. About 40% of all global funds carry cash on their balance sheet.
Current CI Signature Cash Position Weight | 4.25 % |
Most of CI Signature's fundamental indicators, such as Cash Position Weight, 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 Signature Cat is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Funds or ETFs that have over 40% of their value invested in low-risk instruments or cash equivalents typically attract conservative investors.
| Competition |
In accordance with the recently published financial statements, CI Signature Cat has 4.25% in Cash Position Weight. This is 388.51% higher than that of the CI Investments Inc family and significantly higher than that of the Sector Equity category. The cash position weight for all Canada funds is notably lower than that of the firm.
CI Signature Cat Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining CI Signature's current stock value. Our valuation model uses many indicators to compare CI Signature value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across CI Signature competition to find correlations between indicators driving CI Signature's intrinsic value. More Info.CI Signature Cat is second largest fund in one year return among similar funds. It also is second largest fund in three year return among similar funds reporting about 1.42 of Three Year Return per One Year Return. Comparative valuation analysis is a catch-all model that can be used if you cannot value CI Signature by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for CI Signature's Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.0P0001AAKP Cash Position Weight Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses CI Signature's direct or indirect competition against its Cash Position Weight to detect undervalued stocks with similar characteristics or determine the funds which would be a good addition to a portfolio. Peer analysis of CI Signature could also be used in its relative valuation, which is a method of valuing CI Signature by comparing valuation metrics of similar companies.CI Signature is currently under evaluation in cash position weight among similar funds.
Fund Asset Allocation for CI Signature
The fund consists of 95.08% investments in stocks, with the rest of investments allocated between different money market instruments and various exotic instruments.Asset allocation divides CI Signature'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.
0P0001AAKP Fundamentals
| Total Asset | 503.97 M | |||
| One Year Return | 11.67 % | |||
| Three Year Return | 16.55 % | |||
| Net Asset | 503.97 M | |||
| Minimum Initial Investment | 100 K | |||
| Cash Position Weight | 4.25 % | |||
| Equity Positions Weight | 95.08 % |
About CI Signature Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze CI Signature Cat's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CI Signature using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CI Signature Cat 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.This funds objective is to obtain maximum longterm capital growth. Signature Global is traded on Toronto Stock Exchange in Canada.
Pair Trading with CI Signature
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 Signature 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 Signature will appreciate offsetting losses from the drop in the long position's value.Moving together with 0P0001AAKP Fund
| 1.0 | 0P0001FKWD | CI Signature Cat | PairCorr |
| 0.98 | 0P000070HA | CI Global Alpha | PairCorr |
| 0.97 | 0P0000733H | RBC Global Technology | PairCorr |
| 0.9 | 0P000070JI | Fidelity Technology | PairCorr |
Moving against 0P0001AAKP Fund
| 0.84 | 0P000070H9 | CI Global Health | PairCorr |
The ability to find closely correlated positions to CI Signature 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 Signature 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 Signature - 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 Signature Cat to buy it.
The correlation of CI Signature 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 Signature moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CI Signature Cat 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 Signature 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 0P0001AAKP Fund
CI Signature financial ratios help investors to determine whether 0P0001AAKP 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 0P0001AAKP with respect to the benefits of owning CI Signature security.
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