Mackenzie Canadian Growth Fund Quote
| MFC650 Fund | 49.67 0.59 1.17% |
Performance5 of 100
|
Mackenzie Canadian is trading at 49.67 as of the 1st of February 2025, a 1.17% down since the beginning of the trading day. The fund's open price was 50.26. Mackenzie Canadian has hardly any chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. The performance scores are derived for the period starting the 5th of August 2024 and ending today, the 1st of February 2025. Click here to learn more.
Mackenzie Canadian Growth Risk Profiles
Although Mackenzie Canadian's alpha and beta are two of the key measurements used to evaluate Mackenzie Canadian's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.4984 | |||
| Semi Deviation | 0.6618 | |||
| Standard Deviation | 0.6303 | |||
| Variance | 0.3973 |
Mackenzie Canadian Against Markets
Mackenzie Canadian Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Mackenzie Canadian fund to make a market-neutral strategy. Peer analysis of Mackenzie Canadian could also be used in its relative valuation, which is a method of valuing Mackenzie Canadian by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Bonds Directory Find actively traded corporate debentures issued by US companies |