Mackenzie Conservative Allocation Etf Performance
| MCON Etf | CAD 22.44 0.04 0.18% |
The etf secures a Beta (Market Risk) of 0.0048, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Mackenzie Conservative's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mackenzie Conservative is expected to be smaller as well.
Risk-Adjusted Performance
13 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Mackenzie Conservative Allocation are ranked lower than 13 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy basic indicators, Mackenzie Conservative is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
1 | Mackenzie Investments Announces September 2024 Quarterly Distributions for its Exchange Traded Funds - Yahoo Canada Finance | 09/16/2024 |
| In Threey Sharp Ratio | -0.01 |
Mackenzie |
Mackenzie Conservative Relative Risk vs. Return Landscape
If you would invest 2,164 in Mackenzie Conservative Allocation on September 1, 2024 and sell it today you would earn a total of 80.00 from holding Mackenzie Conservative Allocation or generate 3.7% return on investment over 90 days. Mackenzie Conservative Allocation is generating 0.0582% of daily returns and assumes 0.3465% volatility on return distribution over the 90 days horizon. Simply put, 3% of etfs are less volatile than Mackenzie, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Mackenzie Conservative Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mackenzie Conservative's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Mackenzie Conservative Allocation, and traders can use it to determine the average amount a Mackenzie Conservative's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1681
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Estimated Market Risk
| 0.35 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Mackenzie Conservative is performing at about 13% 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 Conservative by adding it to a well-diversified portfolio.
Mackenzie Conservative Fundamentals Growth
Mackenzie Etf prices reflect investors' perceptions of the future prospects and financial health of Mackenzie Conservative, and Mackenzie Conservative fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Mackenzie Etf performance.
| Total Asset | 17.47 M | |||
About Mackenzie Conservative Performance
By examining Mackenzie Conservative's fundamental ratios, stakeholders can obtain critical insights into Mackenzie Conservative's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Mackenzie Conservative is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
MACKENZIE CONSERVATIVE is traded on Toronto Stock Exchange in Canada.| The fund maintains about 42.19% of its assets in bonds |
Other Information on Investing in Mackenzie Etf
Mackenzie Conservative 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 Conservative security.