CI DoubleLine Profitability Analysis
CDLB.TO fundamentals not found
We are unable to locate CI DoubleLine Total indicator at this time.
If you believe the indicator you are trying to look up is valid, please let us know, and we will check it out. Check all delisted instruments across multiple markets.| Symbol | CDLB |
| Name | CI DoubleLine Total |
| Type | Etf |
| Country | Canada |
| Exchange | TO |
Indicator Description
We cannot locate any information for this view at this time. Please try again later!Other Suggestions
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
CDLB Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on CI DoubleLine. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of CI DoubleLine position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the CI DoubleLine's important profitability drivers and their relationship over time.
| Revenue vs Beta | ||
| One Year Return vs Market Capitalization | ||
| Revenue vs Three Year Return | ||
| Five Year Return vs Market Capitalization |
CI DoubleLine Earnings per Share Projection vs Actual
Use CI DoubleLine in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CI DoubleLine position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CI DoubleLine will appreciate offsetting losses from the drop in the long position's value.CI DoubleLine Pair Trading
CI DoubleLine Total Pair Trading Analysis
The ability to find closely correlated positions to CI DoubleLine could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CI DoubleLine when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CI DoubleLine - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CI DoubleLine Total to buy it.
The correlation of CI DoubleLine is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CI DoubleLine moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CI DoubleLine Total moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CI DoubleLine can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your CI DoubleLine position
In addition to having CI DoubleLine in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Israel Wall Street
Cross-sector collection of best publicly traded Israel entities that are expected to continue growing. The Israel Wall Street theme has 31 constituents at this time.
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Other Information on Investing in CDLB Etf
To fully project CI DoubleLine's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of CI DoubleLine Total at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include CI DoubleLine's income statement, its balance sheet, and the statement of cash flows.