CI Preferred Profitability Analysis
FPR.TO fundamentals not found
We are unable to locate CI Preferred Share 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 | FPR |
| Name | CI Preferred Share |
| 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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| FF | Falcon Finance | Cryptocurrency |
| F43628C65 | SOCGEN 425 19 AUG 26 | Corporate Bond |
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.
CI Preferred Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in CI Preferred, profitability is also one of the essential criteria for including it into their portfolios because, without profit, CI Preferred will eventually generate negative long term returns. The profitability progress is the general direction of CI Preferred's change in net profit over the period of time. It can combine multiple indicators of CI Preferred, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The First Asset Preferred Share ETFs investment objective is to provide Unitholders with regular distributions and the opportunity for capital appreciation from the performance of a portfolio comprised primarily of preferred shares of North American issuers. CI FA is traded on Toronto Stock Exchange in Canada.
FPR Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on CI Preferred. 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 Preferred 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 Preferred's important profitability drivers and their relationship over time.
CI Preferred Earnings per Share Projection vs Actual
Use CI Preferred 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 Preferred 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 Preferred will appreciate offsetting losses from the drop in the long position's value.CI Preferred Pair Trading
CI Preferred Share Pair Trading Analysis
The ability to find closely correlated positions to CI Preferred 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 Preferred 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 Preferred - 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 Preferred Share to buy it.
The correlation of CI Preferred 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 Preferred moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CI Preferred Share 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 Preferred 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 Preferred position
In addition to having CI Preferred 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?
Run Data Storage Thematic Idea Now
Data Storage
Companies making data storages or providing data storage services. The Data Storage theme has 48 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Data Storage Theme or any other thematic opportunities.
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Other Information on Investing in FPR Etf
To fully project CI Preferred's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of CI Preferred Share 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 Preferred's income statement, its balance sheet, and the statement of cash flows.