CI First Financials
| MXF Etf | CAD 11.16 0.03 0.27% |
Net Expense Ratio 0.0074 | 3 y Sharp Ratio (0.08) |
MXF |
The data published in CI First's official financial statements typically reflect CI First'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 First's quantitative information. For example, before you start analyzing numbers published by MXF accountants, it's essential to understand CI First's liquidity, profitability, and earnings quality within the context of the First Asset Investment Management Inc space in which it operates.
CI First Etf Summary
CI First competes with IShares SPTSX, IShares SPTSX, IShares MSCI, IShares Diversified, and IShares Canadian. The investment objective of the Can-Materials ETF is to provide unitholders, through an actively managed portfolio, as described below, with quarterly cash distributions, the opportunity for capital appreciation by investing on an equal weight basis in a portfolio of securities of the 25 largest issuers measured by market capitalization chosen from the SPTSX Capped Materials Index and lower overall volatility of returns on the portfolio than would be experienced by owning a portfolio of securities of such issuers directly. CI FA is traded on Toronto Stock Exchange in Canada.| Instrument | Canada Etf |
| Exchange | Toronto Exchange |
| ISIN | CA31863N1261 |
| Region | Others |
| Investment Issuer | Others |
| Business Address | Toronto, ON MJ |
| Etf Family | First Asset Investment Management Inc |
| Fund Category | Others |
| Portfolio Concentration | Others |
| Benchmark | Dow Jones Industrial |
| Phone | 877 642 1289 |
| Currency | CAD - Canadian Dollar |
You should never invest in CI First without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of MXF Etf, because this is throwing your money away. Analyzing the key information contained in CI First's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
CI First Key Financial Ratios
CI First's financial ratios allow both analysts and investors to convert raw data from CI First's financial statements into concise, actionable information that can be used to evaluate the performance of CI First over time and compare it to other companies across industries.MXF Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining CI First's current stock value. Our valuation model uses many indicators to compare CI First value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across CI First competition to find correlations between indicators driving CI First's intrinsic value. More Info.CI First Asset is rated number one ETF in price to earning as compared to similar ETFs. It also is rated number one ETF in price to book as compared to similar ETFs fabricating about 0.03 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for CI First Asset is roughly 31.07 . Comparative valuation analysis is a catch-all model that can be used if you cannot value CI First by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for CI First'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 First Asset Systematic Risk
CI First's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. CI First 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 function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on CI First Asset correlated with the market. If Beta is less than 0 CI First generally moves in the opposite direction as compared to the market. If CI First Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one CI First Asset is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of CI First is generally in the same direction as the market. If Beta > 1 CI First moves generally in the same direction as, but more than the movement of the benchmark.
CI First December 13, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of CI First help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of CI First Asset. We use our internally-developed statistical techniques to arrive at the intrinsic value of CI First Asset based on widely used predictive technical indicators. In general, we focus on analyzing MXF Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build CI First's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.62 | |||
| Information Ratio | 0.009 | |||
| Maximum Drawdown | 11.07 | |||
| Value At Risk | (2.12) | |||
| Potential Upside | 3.1 |
Other Information on Investing in MXF Etf
CI First financial ratios help investors to determine whether MXF 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 MXF with respect to the benefits of owning CI First security.