Mackenzie Developed Ex North Etf Performance
| QDXB Etf | 87.89 0.04 0.05% |
The etf secures a Beta (Market Risk) of -0.0012, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Mackenzie Developed are expected to decrease at a much lower rate. During the bear market, Mackenzie Developed is likely to outperform the market.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Mackenzie Developed ex North has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy basic indicators, Mackenzie Developed is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
1 | Stock Evaluation Report - Stock Traders Daily | 02/27/2025 |
2 | How to Take Advantage of moves in - Stock Traders Daily | 03/19/2025 |
3 | On The My Stocks Page - Stock Traders Daily | 03/26/2025 |
| In Threey Sharp Ratio | -0.71 |
Mackenzie |
Mackenzie Developed Relative Risk vs. Return Landscape
If you would invest 8,856 in Mackenzie Developed ex North on December 28, 2024 and sell it today you would lose (67.00) from holding Mackenzie Developed ex North or give up 0.76% of portfolio value over 90 days. Mackenzie Developed ex North is generating negative expected returns and assumes 0.3918% volatility on return distribution over the 90 days horizon. Simply put, 3% of etfs are less volatile than Mackenzie, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Mackenzie Developed Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mackenzie Developed's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Mackenzie Developed ex North, and traders can use it to determine the average amount a Mackenzie Developed's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0293
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | QDXB |
Estimated Market Risk
| 0.39 actual daily | 3 97% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Mackenzie Developed 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 Developed by adding Mackenzie Developed to a well-diversified portfolio.
Mackenzie Developed Fundamentals Growth
Mackenzie Etf prices reflect investors' perceptions of the future prospects and financial health of Mackenzie Developed, and Mackenzie Developed fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Mackenzie Etf performance.
About Mackenzie Developed Performance
By examining Mackenzie Developed's fundamental ratios, stakeholders can obtain critical insights into Mackenzie Developed's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Mackenzie Developed is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Mackenzie Developed is entity of Canada. It is traded as Etf on TO exchange.| Mackenzie Developed generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: On The My Stocks Page - Stock Traders Daily |
Other Information on Investing in Mackenzie Etf
Mackenzie Developed 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 Developed security.