Ci 1 5 Year Etf Fundamentals
| BXF Etf | CAD 9.77 0.02 0.20% |
CI 1 5 Year fundamentals help investors to digest information that contributes to CI 1's financial success or failures. It also enables traders to predict the movement of BXF Etf. The fundamental analysis module provides a way to measure CI 1's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to CI 1 etf.
BXF |
CI 1 5 Year ETF Beta Analysis
CI 1's 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.
Current CI 1 Beta | 1.22 |
Most of CI 1's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, CI 1 5 Year is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
| Competition |
In accordance with the recently published financial statements, CI 1 5 Year has a Beta of 1.22. This is much higher than that of the First Asset Investment Management Inc family and significantly higher than that of the Canadian Short Term Fixed Income category. The beta for all Canada etfs is notably lower than that of the firm.
BXF Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses CI 1's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of CI 1 could also be used in its relative valuation, which is a method of valuing CI 1 by comparing valuation metrics of similar companies.CI 1 is currently under evaluation in beta as compared to similar ETFs.
Fund Asset Allocation for CI 1
The fund invests most of its asset under management in bonds or other fixed income securities. .Asset allocation divides CI 1's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, CI 1 will likely underperform.
BXF Fundamentals
| Beta | 1.22 | |||
| Total Asset | 139.27 M | |||
| One Year Return | 1.70 % | |||
| Three Year Return | (0.20) % | |||
| Five Year Return | 0.80 % | |||
| Ten Year Return | 1.30 % | |||
| Net Asset | 139.27 M | |||
| Last Dividend Paid | 0.0426 | |||
| Holdings Turnover | 49.73 % | |||
| Bond Positions Weight | 99.96 % |
About CI 1 Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze CI 1 5 Year's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CI 1 using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CI 1 5 Year based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.The First Asset 1-5 Year Laddered Government Strip Bond Index ETF has been designed to replicate, to the extent possible, the performance of a Canadian 1-5 year laddered government strip bond index, net of expenses. CI FA is traded on Toronto Stock Exchange in Canada.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards CI 1 in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, CI 1's short interest history, or implied volatility extrapolated from CI 1 options trading.
Pair Trading with CI 1
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 1 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 1 will appreciate offsetting losses from the drop in the long position's value.Moving together with BXF Etf
| 0.85 | XSB | iShares Canadian Short | PairCorr |
| 0.79 | XSH | iShares Core Canadian | PairCorr |
| 0.82 | ZCS | BMO Short Corporate | PairCorr |
| 0.86 | VSB | Vanguard Canadian Short | PairCorr |
The ability to find closely correlated positions to CI 1 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 1 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 1 - 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 1 5 Year to buy it.
The correlation of CI 1 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 1 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CI 1 5 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 1 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CI 1 5 Year. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Note that the CI 1 5 information on this page should be used as a complementary analysis to other CI 1's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.