CI ONE Equity Positions Weight vs. Beta
| ONEQ Etf | CAD 44.13 0.15 0.34% |
For CI ONE profitability analysis, we use financial ratios and fundamental drivers that measure the ability of CI ONE to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well CI ONE Global utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between CI ONE's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of CI ONE Global over time as well as its relative position and ranking within its peers.
ONEQ |
CI ONE Global Beta vs. Equity Positions Weight Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining CI ONE's current stock value. Our valuation model uses many indicators to compare CI ONE value to that of its competitors to determine the firm's financial worth. CI ONE Global is rated number one ETF in equity positions weight as compared to similar ETFs. It also is rated number one ETF in beta as compared to similar ETFs totaling about 0.01 of Beta per Equity Positions Weight. The ratio of Equity Positions Weight to Beta for CI ONE Global is roughly 96.82 . Comparative valuation analysis is a catch-all model that can be used if you cannot value CI ONE by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for CI ONE's Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.ONEQ Beta vs. Equity Positions Weight
Percentage of fund asset invested in equity instruments. About 80% of global funds and ETFs carry equity instruments on their balance sheet.
CI ONE |
| = | 97.79 % |
Funds with most asset allocated to stocks can be subclassified into many different categories such as market capitalization or investment style.
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.
CI ONE |
| = | 1.01 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
ONEQ Beta Comparison
CI ONE is currently under evaluation in beta as compared to similar ETFs.
Beta Analysis
CI ONE returns are very sensitive to returns on the market. As the market goes up or down, CI ONE is expected to follow.
CI ONE Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in CI ONE, profitability is also one of the essential criteria for including it into their portfolios because, without profit, CI ONE will eventually generate negative long term returns. The profitability progress is the general direction of CI ONE's change in net profit over the period of time. It can combine multiple indicators of CI ONE, 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 investment objective of ONEQ is to seek long-term growth of capital by investing in a portfolio of equity securities of global issuers, through direct purchases of publicly traded companies andor ETFs that represent an equity asset class. ONE GLOBAL is traded on Toronto Stock Exchange in Canada.
ONEQ Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on CI ONE. 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 ONE 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 ONE's important profitability drivers and their relationship over time.
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| Last Dividend Paid vs Beta |
Use CI ONE 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 ONE 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 ONE will appreciate offsetting losses from the drop in the long position's value.CI ONE Pair Trading
CI ONE Global Pair Trading Analysis
The ability to find closely correlated positions to CI ONE 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 ONE 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 ONE - 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 ONE Global to buy it.
The correlation of CI ONE 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 ONE moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CI ONE Global 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 ONE 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 ONE position
In addition to having CI ONE 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 Latest Gainers Thematic Idea Now
Latest Gainers
Dynamically computed list of top equities currently sorted across major exchanges. The Latest Gainers theme has 235 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 Latest Gainers Theme or any other thematic opportunities.
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Other Information on Investing in ONEQ Etf
To fully project CI ONE's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of CI ONE Global 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 ONE's income statement, its balance sheet, and the statement of cash flows.