IFRF:CA:TSX-IA Clarington Floating Rate Income Fund ETF (CAD)

ETF | Others |

Last Closing

CAD 8.41

Change

0.00 (0.00)%

Market Cap

CAD 9.41M

Volume

0.07M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-06-29 )

ETFs Containing IFRF:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Others) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -3.44% 7% C- 18% F
Dividend Return 0.49% 41% F 16% F
Total Return -2.95% 6% D- 17% F
Trailing 12 Months  
Capital Gain -3.11% 8% B- 22% F
Dividend Return 1.00% 59% D- 24% F
Total Return -2.11% 8% B- 20% F
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain -2.14% 22% F 27% F
Dividend Return -2.10% 22% F 20% F
Total Return 0.04% 47% F 12% F
Risk Return Profile  
Volatility (Standard Deviation) 4.09% 79% B- 92% A
Risk Adjusted Return -51.33% 15% F 10% F
Market Capitalization 9.41M 22% F 9% A-

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.