Closing Bell Energy Income Fund flat on Monday - The Globe and Mail
| ENI-UN Etf | CAD 1.70 0.01 0.58% |
About 62% of Energy Income's investor base is looking to short. The current sentiment regarding investing in Energy Income etf implies that many traders are alarmed. The current market sentiment, together with Energy Income's historical and current headlines, can help investors time the market. In addition, many technical investors use Energy Income etf news signals to limit their universe of possible portfolio assets.
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Closing Bell Energy Income Fund flat on Monday The Globe and Mail
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Energy Income Fundamental Analysis
We analyze Energy Income's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Energy Income using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Energy Income 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.
Beta
Beta Comparative Analysis
Energy Income is currently under evaluation in beta as compared to similar ETFs. 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.
Energy Income 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 Energy Income etf to make a market-neutral strategy. Peer analysis of Energy Income could also be used in its relative valuation, which is a method of valuing Energy Income by comparing valuation metrics with similar companies.
Peers
Energy Income Related Equities
| CIQ-UN | Canadian High | 0.00 |
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| PDV | Prime Dividend | 0.12 |
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| RBN-UN | Blue Ribbon | 0.47 |
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| MID-UN | MINT Income | 0.79 |
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| MMP-UN | Precious Metals | 1.62 |
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Other Information on Investing in Energy Etf
Energy Income financial ratios help investors to determine whether Energy 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 Energy with respect to the benefits of owning Energy Income security.