Mackenzie International Financials
QDX Etf | CAD 120.56 0.71 0.59% |
3 y Sharp Ratio 0.19 |
Mackenzie |
The data published in Mackenzie International's official financial statements typically reflect Mackenzie International'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 International's quantitative information. For example, before you start analyzing numbers published by Mackenzie accountants, it's essential to understand Mackenzie International's liquidity, profitability, and earnings quality within the context of the Mackenzie Financial Corporation space in which it operates.
Mackenzie International Etf Summary
Mackenzie International competes with TD Canadian, TD Equity, TD Canadian, TD International, and TD Equity. Mackenzie International Equity Index ETF seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Solactive GBS Developed Markets ex North America Large Mid Cap CAD Index , or any successor thereto. MACKENZIE INTERNATIONAL is traded on Toronto Stock Exchange in Canada.Instrument | Canada Etf |
Exchange | Toronto Exchange |
ISIN | CA55455T1003 |
Region | Others |
Investment Issuer | Others |
Etf Family | Mackenzie Financial Corporation |
Fund Category | Others |
Portfolio Concentration | Others |
Benchmark | Dow Jones Industrial |
Phone | 800 387 0614 |
Currency | CAD - Canadian Dollar |
You should never invest in Mackenzie International 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 International's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Mackenzie International Key Financial Ratios
Mackenzie International's financial ratios allow both analysts and investors to convert raw data from Mackenzie International's financial statements into concise, actionable information that can be used to evaluate the performance of Mackenzie International 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 International's current stock value. Our valuation model uses many indicators to compare Mackenzie International value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mackenzie International competition to find correlations between indicators driving Mackenzie International's intrinsic value. More Info.Mackenzie International Equity is presently regarded as number one ETF in beta as compared to similar ETFs. It also is presently regarded as number one ETF in one year return as compared to similar ETFs reporting about 13.37 of One Year Return per Beta. Comparative valuation analysis is a catch-all model that can be used if you cannot value Mackenzie International by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Mackenzie International'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 International Systematic Risk
Mackenzie International's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Mackenzie International 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 twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Mackenzie International correlated with the market. If Beta is less than 0 Mackenzie International generally moves in the opposite direction as compared to the market. If Mackenzie International Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Mackenzie International is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Mackenzie International is generally in the same direction as the market. If Beta > 1 Mackenzie International moves generally in the same direction as, but more than the movement of the benchmark.
Mackenzie International January 10, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Mackenzie International help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Mackenzie International Equity. We use our internally-developed statistical techniques to arrive at the intrinsic value of Mackenzie International Equity 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 International's daily price indicators and compare them against related drivers.
Information Ratio | (0.04) | |||
Maximum Drawdown | 3.47 | |||
Value At Risk | (1.10) | |||
Potential Upside | 1.04 |
Other Information on Investing in Mackenzie Etf
Mackenzie International 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 International security.