Mackenzie Canadian Growth Fund Price on October 24, 2024
| MFC650 Fund | 50.16 0.06 0.12% |
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 50.16, as last reported on the 29th of November, with the highest price reaching 50.16 and the lowest price hitting 50.16 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 out of control. 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 0.519, mean deviation of 0.4373, and Risk Adjusted Performance of 0.1387 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 = 0.1966
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | MFC650 | Average Risk | High Risk | Huge Risk |
| Negative Returns |
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 October 24, 2024
It is possible to determine the worth of Mackenzie Canadian on a given historical date. On October 24, 2024 Mackenzie was worth 48.58 at the beginning of the trading date compared to the closed value of 48.58. 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 | |
| 48.70 | 48.70 | 48.70 | 48.70 | 1.00 | |
10/24/2024 | 48.58 | 48.58 | 48.58 | 48.58 | 1.00 |
| 48.60 | 48.60 | 48.60 | 48.60 | 1.00 |
| Backtest Mackenzie Canadian | | | Mackenzie Canadian History | Previous | Next |
Mackenzie Canadian Trading Date Momentum on October 24, 2024
| On October 25 2024 Mackenzie Canadian Growth was traded for 48.60 at the closing time. The highest price during the trading period was 48.60 and the lowest recorded bid was listed for 48.60 . There was no trading activity during the period 1.0. Lack of trading volume on October 25, 2024 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 0.04% . The trading delta at closing time to the current price is 0.25% . |
Price Boundaries
Mackenzie Canadian Period Price Range
Low | November 29, 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 November 29, 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 | 0.1387 | |||
| Jensen Alpha | 0.0535 | |||
| Total Risk Alpha | 0.0094 | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.2825 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities |