Canoe Eit Income Etf Technical Analysis
| EIT-UN Etf | CAD 16.41 0.04 0.24% |
As of the 28th of January, Canoe EIT shows the Risk Adjusted Performance of 0.1889, mean deviation of 0.3929, and Downside Deviation of 0.4114. Canoe EIT Income technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the entity's future prices.
Canoe EIT Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Canoe, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CanoeCanoe |
Canoe EIT 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Canoe EIT's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Canoe EIT.
| 10/30/2025 |
| 01/28/2026 |
If you would invest 0.00 in Canoe EIT on October 30, 2025 and sell it all today you would earn a total of 0.00 from holding Canoe EIT Income or generate 0.0% return on investment in Canoe EIT over 90 days. Canoe EIT is related to or competes with Blue Ribbon, Energy Income, MINT Income, Brookfield Global, Commerce Split, Citadel Income, and Bitcoin Fund. Canoe EIT Income Fund is a closed-ended balanced fund launched and managed by Canoe Financial LP More
Canoe EIT Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Canoe EIT's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Canoe EIT Income upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4114 | |||
| Information Ratio | 0.1005 | |||
| Maximum Drawdown | 2.65 | |||
| Value At Risk | (0.58) | |||
| Potential Upside | 0.9738 |
Canoe EIT Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Canoe EIT's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Canoe EIT's standard deviation. In reality, there are many statistical measures that can use Canoe EIT historical prices to predict the future Canoe EIT's volatility.| Risk Adjusted Performance | 0.1889 | |||
| Jensen Alpha | 0.1095 | |||
| Total Risk Alpha | 0.0723 | |||
| Sortino Ratio | 0.1185 | |||
| Treynor Ratio | 0.9583 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Canoe EIT's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Canoe EIT January 28, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1889 | |||
| Market Risk Adjusted Performance | 0.9683 | |||
| Mean Deviation | 0.3929 | |||
| Semi Deviation | 0.0962 | |||
| Downside Deviation | 0.4114 | |||
| Coefficient Of Variation | 379.12 | |||
| Standard Deviation | 0.4852 | |||
| Variance | 0.2354 | |||
| Information Ratio | 0.1005 | |||
| Jensen Alpha | 0.1095 | |||
| Total Risk Alpha | 0.0723 | |||
| Sortino Ratio | 0.1185 | |||
| Treynor Ratio | 0.9583 | |||
| Maximum Drawdown | 2.65 | |||
| Value At Risk | (0.58) | |||
| Potential Upside | 0.9738 | |||
| Downside Variance | 0.1693 | |||
| Semi Variance | 0.0093 | |||
| Expected Short fall | (0.46) | |||
| Skewness | 0.4645 | |||
| Kurtosis | 0.6989 |
Canoe EIT Income Backtested Returns
At this point, Canoe EIT is very steady. Canoe EIT Income secures Sharpe Ratio (or Efficiency) of 0.29, which signifies that the etf had a 0.29 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Canoe EIT Income, which you can use to evaluate the volatility of the entity. Please confirm Canoe EIT's Risk Adjusted Performance of 0.1889, mean deviation of 0.3929, and Downside Deviation of 0.4114 to double-check if the risk estimate we provide is consistent with the expected return of 0.14%. The etf shows a Beta (market volatility) of 0.12, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Canoe EIT's returns are expected to increase less than the market. However, during the bear market, the loss of holding Canoe EIT is expected to be smaller as well.
Auto-correlation | 0.91 |
Excellent predictability
Canoe EIT Income has excellent predictability. Overlapping area represents the amount of predictability between Canoe EIT time series from 30th of October 2025 to 14th of December 2025 and 14th of December 2025 to 28th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Canoe EIT Income price movement. The serial correlation of 0.91 indicates that approximately 91.0% of current Canoe EIT price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.91 | |
| Spearman Rank Test | 0.88 | |
| Residual Average | 0.0 | |
| Price Variance | 0.14 |
Canoe EIT technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Canoe EIT Income Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Normalized Average True Range is used to analyze tradable apportunities for Canoe EIT Income across different markets.
About Canoe EIT Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Canoe EIT Income on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Canoe EIT Income based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Canoe EIT Income price pattern first instead of the macroeconomic environment surrounding Canoe EIT Income. By analyzing Canoe EIT's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Canoe EIT's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Canoe EIT specific price patterns or momentum indicators. Please read more on our technical analysis page.
Canoe EIT January 28, 2026 Technical Indicators
Most technical analysis of Canoe help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Canoe from various momentum indicators to cycle indicators. When you analyze Canoe charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1889 | |||
| Market Risk Adjusted Performance | 0.9683 | |||
| Mean Deviation | 0.3929 | |||
| Semi Deviation | 0.0962 | |||
| Downside Deviation | 0.4114 | |||
| Coefficient Of Variation | 379.12 | |||
| Standard Deviation | 0.4852 | |||
| Variance | 0.2354 | |||
| Information Ratio | 0.1005 | |||
| Jensen Alpha | 0.1095 | |||
| Total Risk Alpha | 0.0723 | |||
| Sortino Ratio | 0.1185 | |||
| Treynor Ratio | 0.9583 | |||
| Maximum Drawdown | 2.65 | |||
| Value At Risk | (0.58) | |||
| Potential Upside | 0.9738 | |||
| Downside Variance | 0.1693 | |||
| Semi Variance | 0.0093 | |||
| Expected Short fall | (0.46) | |||
| Skewness | 0.4645 | |||
| Kurtosis | 0.6989 |
Canoe EIT January 28, 2026 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Canoe stock. With literally thousands of 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.
| Accumulation Distribution | 1,787 | ||
| Daily Balance Of Power | (0.25) | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 16.46 | ||
| Day Typical Price | 16.44 | ||
| Price Action Indicator | (0.07) |
Other Information on Investing in Canoe Etf
Canoe EIT financial ratios help investors to determine whether Canoe 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 Canoe with respect to the benefits of owning Canoe EIT security.