CI Global Financial Statements From 2010 to 2024
FSF Etf | CAD 31.09 0.04 0.13% |
Check CI Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CI Global's main balance sheet or income statement drivers, such as , as well as many indicators such as . FSF financial statements analysis is a perfect complement when working with CI Global Valuation or Volatility modules.
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CI Global Financial ETF Beta Analysis
CI Global'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 Global Beta | 1.24 |
Most of CI Global'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 Global Financial 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.
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In accordance with the recently published financial statements, CI Global Financial has a Beta of 1.24. This is much higher than that of the Oil, Gas & Consumable Fuels family and significantly higher than that of the Financial Services Equity category. The beta for all Canada etfs is notably lower than that of the firm.
About CI Global Financial Statements
CI Global investors utilize fundamental indicators, such as revenue or net income, to predict how FSF Etf might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
The First Asset ETFs investment objective is to seek longterm total returns consisting of longterm capital appreciation and regular dividend income from an actively managed portfolio composed primarily of securities of issuers in the global financial services sector across developed and emerging markets. CI FA is traded on Toronto Stock Exchange in Canada.
Other Information on Investing in FSF Etf
CI Global financial ratios help investors to determine whether FSF 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 FSF with respect to the benefits of owning CI Global security.