Ci Canadian Short Term Etf Performance
| CAGS Etf | CAD 47.52 0.03 0.06% |
The etf owns a Beta (Systematic Risk) of -0.0082, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning CI Canadian are expected to decrease at a much lower rate. During the bear market, CI Canadian is likely to outperform the market.
Risk-Adjusted Performance
11 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in CI Canadian Short Term are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy basic indicators, CI Canadian is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
1 | CI Global Asset Management Announces Confirmed Annual Reinvested Capital Gains Distributions for CI ETFs - The Globe and Mail | 12/30/2024 |
| In Threey Sharp Ratio | -0.57 |
CAGS |
CI Canadian Relative Risk vs. Return Landscape
If you would invest 4,686 in CI Canadian Short Term on November 2, 2024 and sell it today you would earn a total of 66.00 from holding CI Canadian Short Term or generate 1.41% return on investment over 90 days. CI Canadian Short Term is generating 0.0231% of daily returns and assumes 0.1648% volatility on return distribution over the 90 days horizon. Simply put, 1% of etfs are less volatile than CAGS, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
CI Canadian Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for CI Canadian's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as CI Canadian Short Term, and traders can use it to determine the average amount a CI Canadian's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.14
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | CAGS |
Estimated Market Risk
| 0.16 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average CI Canadian is performing at about 11% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of CI Canadian by adding it to a well-diversified portfolio.
CI Canadian Fundamentals Growth
CAGS Etf prices reflect investors' perceptions of the future prospects and financial health of CI Canadian, and CI Canadian fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on CAGS Etf performance.
| Total Asset | 98.82 M | |||
About CI Canadian Performance
By examining CI Canadian's fundamental ratios, stakeholders can obtain critical insights into CI Canadian's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that CI Canadian is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Each WisdomTree ETF seeks to track, to the extent possible, the price and yield performance of the applicable Index, before fees and expenses. WISDOMTREE YLD is traded on Toronto Stock Exchange in Canada.| The fund holds about 92.14% of its assets under management (AUM) in fixed income securities |
Other Information on Investing in CAGS Etf
CI Canadian financial ratios help investors to determine whether CAGS 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 CAGS with respect to the benefits of owning CI Canadian security.