Mackenzie Balanced Financials
| MBAL Etf | CAD 25.81 0.02 0.08% |
3 y Sharp Ratio 0.29 |
Mackenzie |
The data published in Mackenzie Balanced's official financial statements typically reflect Mackenzie Balanced's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Mackenzie Balanced's quantitative information. For example, before you start analyzing numbers published by Mackenzie accountants, it's essential to understand Mackenzie Balanced's liquidity, profitability, and earnings quality within the context of the Mackenzie Investments space in which it operates.
Mackenzie Balanced Etf Summary
Mackenzie Balanced competes with Vanguard Growth, Vanguard Conservative, IShares Core, Vanguard All, and IShares Core. MACKENZIE BALANCED is traded on Toronto Stock Exchange in Canada.| Instrument | Canada Etf |
| Exchange | Toronto Exchange |
| ISIN | CA5545511019 |
| Region | Others |
| Investment Issuer | Others |
| Etf Family | Mackenzie Investments |
| Fund Category | Others |
| Portfolio Concentration | Others |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | CAD - Canadian Dollar |
You should never invest in Mackenzie Balanced without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Mackenzie Etf, because this is throwing your money away. Analyzing the key information contained in Mackenzie Balanced's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Mackenzie Balanced Key Financial Ratios
Mackenzie Balanced's financial ratios allow both analysts and investors to convert raw data from Mackenzie Balanced's financial statements into concise, actionable information that can be used to evaluate the performance of Mackenzie Balanced over time and compare it to other companies across industries.Mackenzie Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Mackenzie Balanced's current stock value. Our valuation model uses many indicators to compare Mackenzie Balanced value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mackenzie Balanced competition to find correlations between indicators driving Mackenzie Balanced's intrinsic value. More Info.Mackenzie Balanced Allocation is rated number one ETF in beta as compared to similar ETFs. It also is rated number one ETF in one year return as compared to similar ETFs reporting about 19.28 of One Year Return per Beta. Comparative valuation analysis is a catch-all model that can be used if you cannot value Mackenzie Balanced by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Mackenzie Balanced's Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Mackenzie Balanced Systematic Risk
Mackenzie Balanced's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Mackenzie Balanced volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Mackenzie Balanced correlated with the market. If Beta is less than 0 Mackenzie Balanced generally moves in the opposite direction as compared to the market. If Mackenzie Balanced Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Mackenzie Balanced is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Mackenzie Balanced is generally in the same direction as the market. If Beta > 1 Mackenzie Balanced moves generally in the same direction as, but more than the movement of the benchmark.
Mackenzie Balanced December 4, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Mackenzie Balanced help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Mackenzie Balanced Allocation. We use our internally-developed statistical techniques to arrive at the intrinsic value of Mackenzie Balanced Allocation based on widely used predictive technical indicators. In general, we focus on analyzing Mackenzie Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Mackenzie Balanced's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.5356 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 2.52 | |||
| Value At Risk | (0.48) | |||
| Potential Upside | 0.9422 |
Other Information on Investing in Mackenzie Etf
Mackenzie Balanced financial ratios help investors to determine whether Mackenzie 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 Mackenzie with respect to the benefits of owning Mackenzie Balanced security.