CI Preferred Financials
| FPR Etf | CAD 22.59 0.01 0.04% |
3 y Sharp Ratio (0.05) |
FPR |
The data published in CI Preferred's official financial statements typically reflect CI Preferred's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving CI Preferred's quantitative information. For example, before you start analyzing numbers published by FPR accountants, it's essential to understand CI Preferred's liquidity, profitability, and earnings quality within the context of the Oil, Gas & Consumable Fuels space in which it operates.
CI Preferred Etf Summary
CI Preferred competes with Global X, BMO Laddered, IShares SPTSX, and RBC Quant. 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.| Instrument | Canada Etf |
| Exchange | Toronto Exchange |
| ISIN | CA17162D1096 |
| Region | Others |
| Investment Issuer | Others |
| Etf Family | Oil, Gas & Consumable Fuels |
| Fund Category | Others |
| Portfolio Concentration | Others |
| Benchmark | Dow Jones Industrial |
| Phone | +1 416 3622929 |
| Currency | CAD - Canadian Dollar |
You should never invest in CI Preferred without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of FPR Etf, because this is throwing your money away. Analyzing the key information contained in CI Preferred's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
CI Preferred Key Financial Ratios
CI Preferred's financial ratios allow both analysts and investors to convert raw data from CI Preferred's financial statements into concise, actionable information that can be used to evaluate the performance of CI Preferred over time and compare it to other companies across industries.| Beta | 0.86 | |||
| Last Dividend Paid | 0.0768 |
FPR Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining CI Preferred's current stock value. Our valuation model uses many indicators to compare CI Preferred value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across CI Preferred competition to find correlations between indicators driving CI Preferred's intrinsic value. More Info.CI Preferred Share is rated # 5 ETF in beta as compared to similar ETFs. It is rated # 4 ETF in annual yield as compared to similar ETFs fabricating about 0.07 of Annual Yield per Beta. The ratio of Beta to Annual Yield for CI Preferred Share is roughly 15.01 . Comparative valuation analysis is a catch-all model that can be used if you cannot value CI Preferred by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for CI Preferred'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.CI Preferred Share Systematic Risk
CI Preferred's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. CI Preferred volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on CI Preferred Share correlated with the market. If Beta is less than 0 CI Preferred generally moves in the opposite direction as compared to the market. If CI Preferred Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one CI Preferred Share is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of CI Preferred is generally in the same direction as the market. If Beta > 1 CI Preferred moves generally in the same direction as, but more than the movement of the benchmark.
CI Preferred December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of CI Preferred help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of CI Preferred Share. We use our internally-developed statistical techniques to arrive at the intrinsic value of CI Preferred Share based on widely used predictive technical indicators. In general, we focus on analyzing FPR Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build CI Preferred's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.4298 | |||
| Information Ratio | (0.33) | |||
| Maximum Drawdown | 1.81 | |||
| Value At Risk | (0.57) | |||
| Potential Upside | 0.4885 |
Other Information on Investing in FPR Etf
CI Preferred financial ratios help investors to determine whether FPR 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 FPR with respect to the benefits of owning CI Preferred security.