Mackenzie Canadian Growth Fund Price on September 10, 2024
| MFC650 Fund | 50.28 0.12 0.24% |
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 50.28, as last reported on the 1st of December, with the highest price reaching 50.28 and the lowest price hitting 50.28 during the day.
If you're considering investing in Mackenzie Fund, it is important to understand the factors that can impact its price. At this point, Mackenzie Canadian is very steady. Mackenzie Canadian Growth has Sharpe Ratio of 0.2, which conveys that the entity had a 0.2% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Mackenzie Canadian, which you can use to evaluate the volatility of the fund. Please verify Mackenzie Canadian's Downside Deviation of 0.5256, risk adjusted performance of 0.1505, and Mean Deviation of 0.4333 to check out if the risk estimate we provide is consistent with the expected return of 0.11%.
Mackenzie Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Mackenzie |
Sharpe Ratio = 0.2021
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| Cash | MFC650 | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.53 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Mackenzie Canadian is performing at about 15% of its full potential. 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 it to a well-diversified portfolio.
Mackenzie Canadian Valuation on September 10, 2024
It is possible to determine the worth of Mackenzie Canadian on a given historical date. On September 10, 2024 Mackenzie was worth 47.11 at the beginning of the trading date compared to the closed value of 47.11. 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 | |
| 46.97 | 46.97 | 46.97 | 46.97 | 1.00 | |
09/10/2024 | 47.11 | 47.11 | 47.11 | 47.11 | 1.00 |
| 47.38 | 47.38 | 47.38 | 47.38 | 1.00 |
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Mackenzie Canadian Trading Date Momentum on September 10, 2024
| On September 11 2024 Mackenzie Canadian Growth was traded for 47.38 at the closing time. The highest price during the trading period was 47.38 and the lowest recorded bid was listed for 47.38 . There was no trading activity during the period 1.0. Lack of trading volume on September 11, 2024 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 0.57% . The trading delta at closing time to the current price is 1.63% . |
Price Boundaries
Mackenzie Canadian Period Price Range
Low | December 1, 2024
| 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 December 1, 2024 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.
| Risk Adjusted Performance | 0.1505 | |||
| Jensen Alpha | 0.0581 | |||
| Total Risk Alpha | 0.0091 | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.3107 |
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| Pattern Recognition | ||
| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance |