Mackenzie Floating Valuation
| MFT Etf | CAD 17.00 0.02 0.12% |
At this time, the etf appears to be overvalued. Mackenzie Floating Rate secures a last-minute Real Value of C$15.62 per share. The latest price of the etf is C$17.0. Our model forecasts the value of Mackenzie Floating Rate from analyzing the etf fundamentals such as Net Asset of 652.34 M, beta of 0.17, and Annual Yield of 0.10 % as well as examining its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that Mackenzie Floating's price fluctuation is very steady at this time. Calculation of the real value of Mackenzie Floating Rate is based on 3 months time horizon. Increasing Mackenzie Floating's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Mackenzie Floating is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Mackenzie Etf. However, Mackenzie Floating's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 17.0 | Real 15.62 | Hype 17.0 |
The intrinsic value of Mackenzie Floating's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Mackenzie Floating's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Mackenzie Floating Rate helps investors to forecast how Mackenzie etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Mackenzie Floating more accurately as focusing exclusively on Mackenzie Floating's fundamentals will not take into account other important factors: Mackenzie Floating Total Value Analysis
Mackenzie Floating Rate is now anticipated to have takeover price of 0 with market capitalization of 0, debt of , and cash on hands of . Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the Mackenzie Floating fundamentals before making investing decisions based on enterprise value of the companyMackenzie Floating Asset Utilization
The concept of asset utilization usually refers to the revenue earned for every dollar of assets a company currently reports. The recent return on assets of Mackenzie suggests not a very effective usage of assets in March.Mackenzie Floating Past Distributions to stockholders
About Mackenzie Floating Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of Mackenzie Floating Rate. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of Mackenzie Floating Rate based exclusively on its fundamental and basic technical indicators. By analyzing Mackenzie Floating's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of Mackenzie Floating's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of Mackenzie Floating. We calculate exposure to Mackenzie Floating's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Mackenzie Floating's related companies.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.
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.