Mackenzie Canadian Growth Fund Price on November 27, 2024

MFC650 Fund   48.32  0.36  0.75%   
Below is the normalized historical share price chart for Mackenzie Canadian Growth extending back to June 27, 2017. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Mackenzie Canadian stands at 48.32, as last reported on the 18th of January 2025, with the highest price reaching 48.32 and the lowest price hitting 48.32 during the day.
 
Covid
If you're considering investing in Mackenzie Fund, it is important to understand the factors that can impact its price. Mackenzie Canadian Growth has Sharpe Ratio of -0.0448, which conveys that the entity had a -0.0448% return per unit of risk over the last 3 months. Mackenzie Canadian exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mackenzie Canadian's Standard Deviation of 0.6016, risk adjusted performance of (0.02), and Mean Deviation of 0.4738 to check out the risk estimate we provide.
  
Mackenzie Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0448

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsMFC650

Estimated Market Risk

 0.61
  actual daily
5
95% of assets are more volatile

Expected Return

 -0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average Mackenzie Canadian is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Mackenzie Canadian by adding Mackenzie Canadian to a well-diversified portfolio.

Mackenzie Canadian Valuation on November 27, 2024

It is possible to determine the worth of Mackenzie Canadian on a given historical date. On November 27, 2024 Mackenzie was worth 50.1 at the beginning of the trading date compared to the closed value of 50.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mackenzie Canadian fund. Still, in general, we apply an absolute valuation method to find Mackenzie Canadian's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Mackenzie Canadian where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mackenzie Canadian's related companies.
 Open High Low Close Volume
  50.14    50.14    50.14    50.14    1.00  
11/27/2024
  50.10    50.10    50.10    50.10    1.00  
  50.16    50.16    50.16    50.16    1.00  
Backtest Mackenzie Canadian  |  Mackenzie Canadian History  PreviousNext  
Open Value
50.1
50.1
Closing Value
51.93
Upside

Mackenzie Canadian Trading Date Momentum on November 27, 2024

On November 28 2024 Mackenzie Canadian Growth was traded for  50.16  at the closing time. The highest price during the trading period was 50.16  and the lowest recorded bid was listed for  50.16 . There was no trading activity during the period 1.0. Lack of trading volume on November 28, 2024 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 0.12% . The trading delta at closing time to the current price is 0.30% .

Price Boundaries

Mackenzie Canadian Period Price Range

Low
January 18, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Mackenzie Canadian Growth cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Mackenzie Canadian January 18, 2025 Market Strength

Market strength indicators help investors to evaluate how Mackenzie Canadian fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mackenzie Canadian shares will generate the highest return on investment. By undertsting and applying Mackenzie Canadian fund market strength indicators, traders can identify Mackenzie Canadian Growth entry and exit signals to maximize returns

Mackenzie Canadian Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Mackenzie Canadian's price direction in advance. Along with the technical and fundamental analysis of Mackenzie Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mackenzie to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios