Canadian Highome Equity Fund (TSX:CIQ.UN) Risk Assessment

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What is Canadian Highome Equity Fund Risk Assessment?

Risk Assessment represents the investment risk of a stock derived from our exclusive method. It suggests how risky the investment opportunity is based on the valuation and the fundamental performance of the stock. It is derived from following key aspects:

1. GuruFocus internally developed valuations of the stock, such as GF valuation.
2. Quality Rank, a business quality indicator developed by GuruFocus.
3. Fundamental performance: Piotroski F-Score, Altman Z-Score, Beneish M-Score, etc.
4. Growth opportunities: 5-year revenue growth rate, 5-Year EPS without NRI Growth Rate, etc.

Value investors are always willing to find undervalued stocks. However, not all the undervalued stocks are good deals, we should also be careful of how risky the investment opportunity is. We believe that if the company's financial strength and profitability are strong, and the stock price is within a reasonable range of the GF valuation, or stock has a high return with its price being undervalued, then it might be a good investment opportunity with low risk.

Based on those aspects listed above, GuruFocus believes the risk assessment of Canadian Highome Equity Fund is: No Data: Cannot be evaluated.

Competitive Comparison of Canadian Highome Equity Fund's Risk Assessment

For the Asset Management subindustry, Canadian Highome Equity Fund's Risk Assessment, along with its competitors' market caps and Risk Assessment data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Canadian Highome Equity Fund's Risk Assessment Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Canadian Highome Equity Fund's Risk Assessment distribution charts can be found below:

* The bar in red indicates where Canadian Highome Equity Fund's Risk Assessment falls into.

Canadian Highome Equity Fund (TSX:CIQ.UN) Risk Assessment Explanation

Based on the four aspects listed above, GuruFocus provides the following 7 evaluations:

All-in-One Screener Examples (1)
Low Risk: Strong fundamentals, worth long-term holding
Moderate Risk: Sensitive, better choose undervalued stock
High Risk: High uncertainty with risk-return tradeoff
High Risk: Good fundamentals, beware of shrinking business
High Risk: Sensitive to economic or industry trends
High Risk: High uncertainty
No Data: Cannot be evaluated

(1) These are some simple examples. You can access our Risk Assessment filter under All-in-One Screener’s Fundamental tab and set your own criteria.

Canadian Highome Equity Fund Risk Assessment Related Terms

Thank you for viewing the detailed overview of Canadian Highome Equity Fund's Risk Assessment provided by GuruFocus.com. Please click on the following links to see related term pages.

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

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Canadian High Income Equity Fund (TSX:CIQ.UN) » Definitions » Risk Assessment

Comparable Companies

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

Website

https://www.bromptongroup.com

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.

Canadian Highome Equity Fund (TSX:CIQ.UN) Headlines

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