Ci Preferred Share Etf Fundamentals
| FPR Etf | CAD 22.53 0.05 0.22% |
CI Preferred Share fundamentals help investors to digest information that contributes to CI Preferred's financial success or failures. It also enables traders to predict the movement of FPR Etf. The fundamental analysis module provides a way to measure CI Preferred'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 Preferred etf.
FPR |
CI Preferred Share ETF Beta Analysis
CI Preferred's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current CI Preferred Beta | 0.86 |
Most of CI Preferred's fundamental indicators, such as Beta, 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 Preferred Share is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, CI Preferred Share has a Beta of 0.86. This is much higher than that of the Oil, Gas & Consumable Fuels family and significantly higher than that of the Preferred Share Fixed Income category. The beta for all Canada etfs is notably lower than that of the firm.
FPR Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses CI Preferred's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of CI Preferred could also be used in its relative valuation, which is a method of valuing CI Preferred by comparing valuation metrics of similar companies.CI Preferred is currently under evaluation in beta as compared to similar ETFs.
CI Preferred returns are very sensitive to returns on the market. As the market goes up or down, CI Preferred is expected to follow.
FPR Fundamentals
| Beta | 0.86 | |||
| Total Asset | 74.72 M | |||
| Annual Yield | 0.06 % | |||
| One Year Return | 22.70 % | |||
| Three Year Return | 1.70 % | |||
| Five Year Return | 6.90 % | |||
| Net Asset | 74.72 M | |||
| Last Dividend Paid | 0.0768 |
About CI Preferred Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze CI Preferred Share's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CI Preferred using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CI Preferred Share 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.The First Asset Preferred Share ETFs investment objective is to provide Unitholders with regular distributions and the opportunity for capital appreciation from the performance of a portfolio comprised primarily of preferred shares of North American issuers. CI FA is traded on Toronto Stock Exchange in Canada.
Other Information on Investing in FPR Etf
CI Preferred financial ratios help investors to determine whether FPR 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 FPR with respect to the benefits of owning CI Preferred security.