Mackenzie Floating Financials
| MFT Etf | CAD 16.84 0.05 0.30% |
Mackenzie |
The data published in Mackenzie Floating's official financial statements typically reflect Mackenzie Floating'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 Floating's quantitative information. For example, before you start analyzing numbers published by Mackenzie accountants, it's essential to understand Mackenzie Floating's liquidity, profitability, and earnings quality within the context of the Oil, Gas & Consumable Fuels space in which it operates.
Mackenzie Floating Etf Summary
Mackenzie Floating competes with Mackenzie Developed, Mackenzie Global, Mackenzie Aggregate, Mackenzie Core, and Mackenzie Emerging. Mackenzie Floating Rate Income ETF seeks to generate current income by investing primarily in floating rate debt instruments andor high yield debt securities of issuers located anywhere in the world. MACKENZIE FLOATING is traded on Toronto Stock Exchange in Canada.| Instrument | Canada Etf |
| Exchange | Toronto Exchange |
| ISIN | CA55453X1033 |
| Region | Others |
| Investment Issuer | Others |
| Etf Family | Oil, Gas & Consumable Fuels |
| Fund Category | Others |
| Portfolio Concentration | Others |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | CAD - Canadian Dollar |
You should never invest in Mackenzie Floating 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 Floating's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Mackenzie Floating Key Financial Ratios
Mackenzie Floating's financial ratios allow both analysts and investors to convert raw data from Mackenzie Floating's financial statements into concise, actionable information that can be used to evaluate the performance of Mackenzie Floating 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 Floating's current stock value. Our valuation model uses many indicators to compare Mackenzie Floating value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mackenzie Floating competition to find correlations between indicators driving Mackenzie Floating's intrinsic value. More Info.Mackenzie Floating Rate is regarded third largest ETF in beta as compared to similar ETFs. It is rated number one ETF in annual yield as compared to similar ETFs fabricating about 0.65 of Annual Yield per Beta. The ratio of Beta to Annual Yield for Mackenzie Floating Rate is roughly 1.53 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Mackenzie Floating by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Mackenzie Floating'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 Floating Rate Systematic Risk
Mackenzie Floating's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Mackenzie Floating 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 Floating Rate correlated with the market. If Beta is less than 0 Mackenzie Floating generally moves in the opposite direction as compared to the market. If Mackenzie Floating Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Mackenzie Floating Rate is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Mackenzie Floating is generally in the same direction as the market. If Beta > 1 Mackenzie Floating moves generally in the same direction as, but more than the movement of the benchmark.
Mackenzie Floating March 25, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Mackenzie Floating help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Mackenzie Floating Rate. We use our internally-developed statistical techniques to arrive at the intrinsic value of Mackenzie Floating Rate 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 Floating's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.157 | |||
| Information Ratio | 0.198 | |||
| Maximum Drawdown | 0.6538 | |||
| Value At Risk | (0.24) | |||
| Potential Upside | 0.2377 |
Other Information on Investing in Mackenzie Etf
Mackenzie Floating 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 Floating security.