Ci Midcap Dividend Etf Performance
| UMI Etf | CAD 34.97 0.01 0.03% |
The etf owns a Beta (Systematic Risk) of 0.39, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, CI MidCap's returns are expected to increase less than the market. However, during the bear market, the loss of holding CI MidCap is expected to be smaller as well.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in CI MidCap Dividend are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of very weak forward indicators, CI MidCap may actually be approaching a critical reversion point that can send shares even higher in March 2025. ...more
1 | UMI Actively Managed Midstream Energy ETF, Few Advantages To Peers, No Reason To Buy - Seeking Alpha | 11/27/2024 |
| In Threey Sharp Ratio | 0.31 |
UMI |
CI MidCap Relative Risk vs. Return Landscape
If you would invest 3,296 in CI MidCap Dividend on November 5, 2024 and sell it today you would earn a total of 201.00 from holding CI MidCap Dividend or generate 6.1% return on investment over 90 days. CI MidCap Dividend is generating 0.102% of daily returns assuming 1.146% volatility of returns over the 90 days investment horizon. Simply put, 10% of all etfs have less volatile historical return distribution than CI MidCap, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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CI MidCap Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for CI MidCap's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as CI MidCap Dividend, and traders can use it to determine the average amount a CI MidCap'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 = 0.089
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| Cash | UMI | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.15 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average CI MidCap is performing at about 7% 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 MidCap by adding it to a well-diversified portfolio.
CI MidCap Fundamentals Growth
UMI Etf prices reflect investors' perceptions of the future prospects and financial health of CI MidCap, and CI MidCap 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 UMI Etf performance.
| Total Asset | 18.41 M | |||
About CI MidCap Performance
By examining CI MidCap's fundamental ratios, stakeholders can obtain critical insights into CI MidCap'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 MidCap 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.
The ETF seeks to track, to the extent possible, the price and yield performance of the WisdomTree U.S. WISDOMTREE is traded on Toronto Stock Exchange in Canada.| The fund keeps all of its net assets in stocks |
Other Information on Investing in UMI Etf
CI MidCap financial ratios help investors to determine whether UMI 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 UMI with respect to the benefits of owning CI MidCap security.