Purpose Strategic Financials
| SYLD Etf | CAD 19.23 0.04 0.21% |
Purpose |
The data published in Purpose Strategic's official financial statements typically reflect Purpose Strategic'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 Purpose Strategic's quantitative information. For example, before you start analyzing numbers published by Purpose accountants, it's essential to understand Purpose Strategic's liquidity, profitability, and earnings quality within the context of the Purpose Investments Inc. space in which it operates.
Purpose Strategic Etf Summary
Purpose Strategic competes with Purpose Premium, Purpose Monthly, Purpose International, Purpose Enhanced, and Purpose Multi. The funds investment objective is to provide investors with a high yield by investing primarily in, or obtaining exposure primarily to, fixed income securities of corporate issuers located in Canada or the United States. PURPOSE STRATEGIC is traded on Toronto Stock Exchange in Canada.| Instrument | Canada Etf |
| Exchange | Toronto Exchange |
| ISIN | CA74641N1096 |
| Region | Others |
| Investment Issuer | Others |
| Etf Family | Purpose Investments Inc. |
| Fund Category | Others |
| Portfolio Concentration | Others |
| Benchmark | Dow Jones Industrial |
| Phone | 877 789 1517 |
| Currency | CAD - Canadian Dollar |
You should never invest in Purpose Strategic without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Purpose Etf, because this is throwing your money away. Analyzing the key information contained in Purpose Strategic's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Purpose Strategic Key Financial Ratios
Purpose Strategic's financial ratios allow both analysts and investors to convert raw data from Purpose Strategic's financial statements into concise, actionable information that can be used to evaluate the performance of Purpose Strategic over time and compare it to other companies across industries.Purpose Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Purpose Strategic's current stock value. Our valuation model uses many indicators to compare Purpose Strategic value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Purpose Strategic competition to find correlations between indicators driving Purpose Strategic's intrinsic value. More Info.Purpose Strategic Yield 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 32.00 of One Year Return per Beta. Comparative valuation analysis is a catch-all model that can be used if you cannot value Purpose Strategic by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Purpose Strategic'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.Purpose Strategic Yield Systematic Risk
Purpose Strategic's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Purpose Strategic 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-one with a total number of output elements of fourty. The Beta measures systematic risk based on how returns on Purpose Strategic Yield correlated with the market. If Beta is less than 0 Purpose Strategic generally moves in the opposite direction as compared to the market. If Purpose Strategic Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Purpose Strategic Yield is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Purpose Strategic is generally in the same direction as the market. If Beta > 1 Purpose Strategic moves generally in the same direction as, but more than the movement of the benchmark.
Purpose Strategic February 28, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Purpose Strategic help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Purpose Strategic Yield. We use our internally-developed statistical techniques to arrive at the intrinsic value of Purpose Strategic Yield based on widely used predictive technical indicators. In general, we focus on analyzing Purpose Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Purpose Strategic's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.2289 | |||
| Information Ratio | 0.1866 | |||
| Maximum Drawdown | 1.2 | |||
| Value At Risk | (0.36) | |||
| Potential Upside | 0.4219 |
Other Information on Investing in Purpose Etf
Purpose Strategic financial ratios help investors to determine whether Purpose 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 Purpose with respect to the benefits of owning Purpose Strategic security.