Ci Global Real Etf Buy Hold or Sell Recommendation
| CGRA Etf | CAD 22.97 0.07 0.30% |
Assuming the 90 days trading horizon and your way above-average risk tolerance, our recommendation regarding CI Global Real is 'Hold'. The recommendation algorithm takes into account all of CI Global's available fundamental, technical, and predictive indicators you will find on this site.
Check out CI Global Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual funds such as CGRA and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards CI Global Real. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
CGRA |
Execute CI Global Buy or Sell Advice
The CGRA recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on CI Global Real. Macroaxis does not own or have any residual interests in CI Global Real or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute CI Global's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details |
CI Global Trading Alerts and Improvement Suggestions
| The fund yields -4.0% to date and shows negative annual yield of 3.0% | |
| CI Global Real holds 99.28% of its assets under management (AUM) in equities |
CI Global Returns Distribution Density
The distribution of CI Global's historical returns is an attempt to chart the uncertainty of CI Global's future price movements. The chart of the probability distribution of CI Global daily returns describes the distribution of returns around its average expected value. We use CI Global Real price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of CI Global returns is essential to provide solid investment advice for CI Global.
| Mean Return | 0.05 | Value At Risk | -0.62 | Potential Upside | 0.58 | Standard Deviation | 0.61 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of CI Global historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
CI Global Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to CI Global or Global Equity sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that CI Global's price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a CGRA etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | 0.10 | |
σ | Overall volatility | 0.63 | |
Ir | Information ratio | -0.12 |
CI Global Volatility Alert
CI Global Real has low volatility with Treynor Ratio of 0.43, Maximum Drawdown of 4.44 and kurtosis of 13.58. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure CI Global's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact CI Global's etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.CI Global Fundamentals Vs Peers
Comparing CI Global's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze CI Global's direct or indirect competition across all of the common fundamentals between CI Global and the related equities. This way, we can detect undervalued stocks with similar characteristics as CI Global or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of CI Global's fundamental indicators could also be used in its relative valuation, which is a method of valuing CI Global by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare CI Global to competition |
| Fundamentals | CI Global | Peer Average |
| Price To Earning | 18.41 X | 3.15 X |
| Price To Book | 1.53 X | 0.39 X |
| Price To Sales | 5.82 X | 0.33 X |
| Beta | 0.91 | |
| Annual Yield | 2.53 % | 0.28 % |
| Year To Date Return | (4.16) % | (2.35) % |
| One Year Return | 23.60 % | (0.97) % |
| Three Year Return | 3.80 % | 3.23 % |
| Net Asset | 127.08 M | 2.29 B |
| Holdings Turnover | 16.53 % | 0.54 % |
| Equity Positions Weight | 99.28 % | 52.82 % |
CI Global Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as CGRA . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 22.97 | |||
| Day Typical Price | 22.97 | |||
| Price Action Indicator | (0.04) | |||
| Period Momentum Indicator | (0.07) | |||
| Relative Strength Index | 0.89 |
About CI Global Buy or Sell Advice
When is the right time to buy or sell CI Global Real? Buying financial instruments such as CGRA Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having CI Global 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 Tech Growth Thematic Idea Now
Tech Growth
Instruments that are typically traded at high earnings multiples compared to their competitors and other sectors and have been known to drive market cycles frequently. The Tech Growth theme has 66 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 Tech Growth Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in CGRA Etf
CI Global financial ratios help investors to determine whether CGRA 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 CGRA with respect to the benefits of owning CI Global security.