Ci International Quality Etf Fundamentals
| IQD Etf | CAD 34.40 0.35 1.03% |
CI International Quality fundamentals help investors to digest information that contributes to CI International's financial success or failures. It also enables traders to predict the movement of IQD Etf. The fundamental analysis module provides a way to measure CI International'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 International etf.
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CI International Quality ETF Beta Analysis
CI International'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 International Beta | 0.96 |
Most of CI International'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 International Quality 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.
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In accordance with the recently published financial statements, CI International Quality has a Beta of 0.96. This is much higher than that of the CI Investments Inc family and significantly higher than that of the International Equity category. The beta for all Canada etfs is notably lower than that of the firm.
IQD Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses CI International'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 International could also be used in its relative valuation, which is a method of valuing CI International by comparing valuation metrics of similar companies.CI International is currently under evaluation in beta as compared to similar ETFs.
Fund Asset Allocation for CI International
The fund consists of 98.86% investments in stocks, with the rest of investments allocated between various types of exotic instruments.Asset allocation divides CI International'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.
CI International returns are very sensitive to returns on the market. As the market goes up or down, CI International is expected to follow.
IQD Fundamentals
| Beta | 0.96 | |||
| Total Asset | 69.1 M | |||
| One Year Return | 10.30 % | |||
| Three Year Return | 4.60 % | |||
| Five Year Return | 7.70 % | |||
| Net Asset | 69.1 M | |||
| Last Dividend Paid | 0.07 | |||
| Equity Positions Weight | 98.86 % |
About CI International Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze CI International Quality's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CI International using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CI International Quality 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 ETF seeks to track, to the extent possible, the price and yield performance of the WisdomTree International Quality Dividend Growth Index CAD, before fees and expenses. WISDOMTREE INTL is traded on Toronto Stock Exchange in Canada.
Other Information on Investing in IQD Etf
CI International financial ratios help investors to determine whether IQD 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 IQD with respect to the benefits of owning CI International security.