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Canadian Highome Equity Fund (TSX:CIQ.UN) Valuation Rank


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What is Canadian Highome Equity Fund Valuation Rank?

The Valuation Rank measures the current valuation of a business relative to other companies in the same industry and its own historical valuation. The companies are split in equal numbers and then ranked from 1 to 10, with 10 as the most undervalued and 1 as the most overvalued.

  1. Three factors:
    • Absolute valuation (medpsvalue) relative to current stock price, rank among all companies
    • Historical valuation over the past 10 years. Rank pe, ps, pocf, ev2ebit over their own historical values
    • Industry relative valuation
  2. Companies without enough data is not ranked
  3. Companies with negative earnings are ranked lower

These three factors are used to calculate the value score for every eligible company, with values from 1 to 10. The final ranked companies are split in equal numbers and ranked from 1 to 10, with 10 as the most undervalued, and 1 as the most overvalued. The numbers of companies in each rank are the same.


Canadian Highome Equity Fund Valuation Rank Related Terms

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Canadian Highome Equity Fund (TSX:CIQ.UN) Business Description

Traded in Other Exchanges
N/A
Address
181 Bay Street, Suite 2930, P.O. Box 793, Bay Wellington Tower, Brookfield Place, Toronto, ON, CAN, M5J 2T3
Canadian High Income Equity Fund is a closed-end investment fund. Its investment objectives are to provide unitholders with a high monthly cash Distribution and the opportunity for capital appreciation, through investment in an actively managed portfolio of publicly listed or traded Canadian securities. It seeks to achieve its investment objectives by investing the Fund Property in an actively managed portfolio of publicly traded or listed Canadian securities including income trusts, royalty trusts, real estate investment trusts, dividend paying common equities, preferred securities and, to a lesser extent, non-dividend paying equities and foreign securities, managed by the Investment Manager.