CI High Competition
| CSAV ETF | CAD 50.01 -0.08 -0.16% |
Correlation: CI High vs Global X View
Moderate diversification
The correlation between CI High and Global X is 0.25, which Macroaxis classifies as Moderate diversification for the selected horizon. In portfolio terms, the overlap shows how much shared movement remains after combining both positions.
Moving together with CSAV ETF
| 0.98 | PSA | Purpose High Interest | PairCorr |
| 0.88 | HSAV | Global X Cash | PairCorr |
| 0.98 | CMR | iShares Premium Money | PairCorr |
Moving Against CSAV ETF
Mean reversion analysis in CI High's involves identifying price extremes that diverge materially from the historical norm. High prices may deter value investors, while unusually low prices often attract buyers anticipating a recovery. Mean reversion in CI High is distinct from trend following, which rides momentum rather than betting on reversals. Momentum identifies the trend while mean reversion identifies when it has extended beyond sustainable levels.
CI High Competition Correlation Matrix
Reviewing how CI High Interest moves relative to competing etfs can show whether peer exposure is reducing portfolio risk or simply repeating the same market bet. A reading near +1 usually means prices have moved in tandem, a reading near -1 suggests opposite movement, and a reading near zero points to weaker historical dependence.
High positive correlations
| High negative correlations
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CI High Competition Risk-Adjusted Indicators
Evaluating CSAV ETF requires separating price momentum from underlying operating strength versus competitors. Peer-relative risk metrics add context on drawdown behavior, consistency, and return quality. These indicators are quantitative in nature and help investors evaluate volatility and risk-adjusted expected returns across different positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| META | 1.60 | -0.18 | 0.00 | -0.23 | 0.00 | 2.33 | 14.24 | |||
| MSFT | 1.29 | -0.38 | 0.00 | -0.81 | 0.00 | 2.19 | 13.28 | |||
| UBER | 1.55 | -0.16 | 0.00 | 0.26 | 0.00 | 3.18 | 11.09 | |||
| F | 1.35 | -0.12 | 0.00 | -0.19 | 0.00 | 3.61 | 10.01 | |||
| T | 1.10 | 0.28 | 0.25 | -1.83 | 1.14 | 3.87 | 8.53 | |||
| A | 1.23 | -0.28 | 0.00 | -2.65 | 0.00 | 2.48 | 7.20 | |||
| CRM | 1.88 | -0.44 | 0.00 | -0.88 | 0.00 | 3.41 | 10.53 | |||
| JPM | 1.13 | -0.02 | 0.00 | -0.09 | 0.00 | 2.02 | 8.17 | |||
| MRK | 1.13 | 0.30 | 0.25 | 0.50 | 1.13 | 2.58 | 7.29 | |||
| XOM | 1.29 | 0.54 | 0.41 | 208.85 | 1.06 | 2.90 | 6.83 |
CI High Competitive Analysis
| Better Than Average | Worse Than Peers | View Performance Chart |
CI High Competition Peer Performance Charts
How to Analyze CI High Against Peers
CI High's peer analysis compares CI High with related companies to put valuation, quality, and risk metrics in context. This helps determine whether recent performance is company-specific or broadly sector-driven. A practical workflow includes:- Set a relevant peer group: Include direct competitors and close alternatives with comparable business exposure.
- Benchmark core financials: Compare profitability, growth, capital structure, and cash flow quality.
- Check valuation dispersion: Review whether CI High trades at a premium or discount versus peers and why.
- Evaluate risk profile: Compare volatility, drawdowns, and correlation to avoid false diversification assumptions.
- Document the thesis: Record where CI High leads or lags and what catalysts could close or widen the gap.
Peer Comparison Metrics & Methodology
CI High carries less net debt relative to EBITDA than most competitors, giving it more room to invest or weather downturns. Competition analysis can clarify whether CI High is priced richly or cheaply relative to similar exposures.
CI High Interest metrics are compiled from fund disclosures and market reference feeds and normalized before display. Not all fields update in real time.