(CMR) iShares Premium Money - Ratings and Ratios

The iShares Premium Money Market ETF (Ticker: CMR) is a Canadian dollar-denominated exchange-traded fund designed to provide low-risk exposure to high-quality, short-term money market instruments. It tracks the Morningstar CAD O/N Cash GR CAD Index, which reflects overnight cash rates in the Canadian market. The fund is managed by BlackRock, a global leader in asset management, and is listed on the Toronto Stock Exchange (TO). With an asset base of 1,835.31M CAD, it represents a sizeable and liquid vehicle for investors seeking stable, short-term returns.

From a technical perspective, CMR exhibits a stable price pattern, with a last price of 50.03 CAD. The 20-day moving average (SMA 20) stands at 49.97, while the 50-day moving average (SMA 50) is slightly lower at 49.89. The 200-day moving average (SMA 200) is at 49.36, indicating a gradual upward trend over the longer term. The Average True Range (ATR) of 0.02 highlights the funds low volatility, consistent with its focus on preserving capital. Daily trading volume averages 122,350 shares over the past 20 days, reflecting moderate liquidity.

Over the next three months, CMR is expected to maintain its stable performance, supported by its low-volatility profile. The SMA 20 and SMA 50 are likely to remain closely aligned, with potential for slight upward drift given the current trend. The ATR of 0.02 suggests price fluctuations will remain minimal, with the fund trading within a narrow range around its current level of 50.03 CAD. Fundamentally, the funds sizeable AUM of 1,835.31M CAD underscores its appeal as a safe-haven asset, particularly in periods of market uncertainty. Interest rate movements in Canada will remain a key driver of performance, with the funds net asset value (NAV) expected to remain stable.