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| 0P0000N468 | CAD 22.32 0.31 1.37% |
About 62% of PHN Canadian's investor base is looking to short. The analysis of overall sentiment of trading PHN Canadian Equity fund suggests that many investors are alarmed at this time. PHN Canadian's investing sentiment overview a quick insight into current market opportunities from investing in PHN Canadian Equity. Many technical investors use PHN Canadian Equity fund news signals to limit their universe of possible portfolio assets and to time the market correctly.
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PHN Canadian Fundamental Analysis
We analyze PHN Canadian's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of PHN Canadian using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of PHN Canadian 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.
Total Asset
Total Asset Comparative Analysis
PHN Canadian is rated below average in total asset among similar funds. Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
PHN Canadian Equity Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with PHN Canadian fund to make a market-neutral strategy. Peer analysis of PHN Canadian could also be used in its relative valuation, which is a method of valuing PHN Canadian by comparing valuation metrics with similar companies.
Peers
PHN Canadian Related Equities
| ECO | EcoSynthetix | 1.50 | ||||
| 0P00007061 | RBC Canadian | 1.37 | ||||
| ALA-PA | Altagas Cum | 1.00 | ||||
| 0P0000OXA6 | PHN Multi | 0.61 | ||||
| XHB | IShares Canadian | 0.15 | ||||
| 0P0000N468 | PHN Canadian | 1.37 |
Other Information on Investing in PHN Fund
PHN Canadian financial ratios help investors to determine whether PHN 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 PHN with respect to the benefits of owning PHN Canadian security.
| 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 | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes |