Cibc Active Investment Etf One Year Return
| CAFR Etf | CAD 19.89 0.01 0.05% |
CIBC Active Investment fundamentals help investors to digest information that contributes to CIBC Active's financial success or failures. It also enables traders to predict the movement of CIBC Etf. The fundamental analysis module provides a way to measure CIBC Active'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 CIBC Active etf.
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CIBC Active Investment ETF One Year Return Analysis
CIBC Active's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current CIBC Active One Year Return | 5.60 % |
Most of CIBC Active's fundamental indicators, such as One 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, CIBC Active Investment is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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Based on the recorded statements, CIBC Active Investment has an One Year Return of 5.6%. This is much higher than that of the CIBC Asset Management Inc.(CAMI) family and significantly higher than that of the Canadian Short Term Fixed Income category. The one year return for all Canada etfs is notably lower than that of the firm.
CIBC One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses CIBC Active's direct or indirect competition against its One Year Return to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of CIBC Active could also be used in its relative valuation, which is a method of valuing CIBC Active by comparing valuation metrics of similar companies.CIBC Active is currently under evaluation in one year return as compared to similar ETFs.
Fund Asset Allocation for CIBC Active
.Asset allocation divides CIBC Active'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.
CIBC Fundamentals
| Beta | 0.04 | |||
| Total Asset | 366.28 M | |||
| One Year Return | 5.60 % | |||
| Three Year Return | 3.90 % | |||
| Five Year Return | 2.70 % | |||
| Net Asset | 366.28 M | |||
| Bond Positions Weight | 64.59 % |
About CIBC Active Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze CIBC Active Investment's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CIBC Active using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CIBC Active Investment based on its fundamental data. In general, a quantitative approach, as applied to this etf, 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 CIBC Active
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 CIBC Active 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 CIBC Active will appreciate offsetting losses from the drop in the long position's value.Moving together with CIBC Etf
| 0.74 | XSH | iShares Core Canadian | PairCorr |
| 0.72 | ZCS | BMO Short Corporate | PairCorr |
| 0.96 | ZST | BMO Ultra Short | PairCorr |
Moving against CIBC Etf
The ability to find closely correlated positions to CIBC Active could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CIBC Active 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 CIBC Active - 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 CIBC Active Investment to buy it.
The correlation of CIBC Active 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 CIBC Active moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CIBC Active Investment 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 CIBC Active 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 CIBC Etf
CIBC Active financial ratios help investors to determine whether CIBC 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 CIBC with respect to the benefits of owning CIBC Active security.