Mackenzie High Valuation
| QHY Etf | CAD 82.49 0.30 0.37% |
At this time, the etf appears to be fairly valued. Mackenzie High Yield secures a last-minute Real Value of C$82.32 per share. The latest price of the etf is C$82.49. Our model forecasts the value of Mackenzie High Yield from analyzing the etf fundamentals such as Beta of 1.02, last dividend paid of 0.48, and One Year Return of 6.30 % as well as examining its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that Mackenzie High's price fluctuation is very steady at this time. Calculation of the real value of Mackenzie High Yield is based on 3 months time horizon. Increasing Mackenzie High's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Mackenzie High is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Mackenzie Etf. However, Mackenzie High'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 82.49 | Real 82.32 | Hype 82.49 | Naive 82.57 |
The intrinsic value of Mackenzie High'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 High'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 High Yield 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 High more accurately as focusing exclusively on Mackenzie High's fundamentals will not take into account other important factors: About Mackenzie High Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of Mackenzie High Yield. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of Mackenzie High Yield based exclusively on its fundamental and basic technical indicators. By analyzing Mackenzie High's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of Mackenzie High's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of Mackenzie High. We calculate exposure to Mackenzie High's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Mackenzie High's related companies.Mackenzie US High Yield Bond Index ETF seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Solactive USD High Yield Corporates Total Market Hedged to CAD Index, or any successor thereto. MACKENZIE is traded on Toronto Stock Exchange in Canada.
Other Information on Investing in Mackenzie Etf
Mackenzie High 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 High security.