Purpose Core Dividend Etf Net Asset
| PDF Etf | CAD 40.89 0.16 0.39% |
As of the 18th of February 2026, Purpose Core holds the Standard Deviation of 0.4641, risk adjusted performance of 0.2654, and Downside Deviation of 0.4523. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Purpose Core, as well as the relationship between them.
Purpose Core's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Purpose Core's valuation are provided below:Purpose Core Dividend does not presently have any trending fundamental ratios for analysis. This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. Purpose |
Purpose Core 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Purpose Core's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Purpose Core.
| 11/20/2025 |
| 02/18/2026 |
If you would invest 0.00 in Purpose Core on November 20, 2025 and sell it all today you would earn a total of 0.00 from holding Purpose Core Dividend or generate 0.0% return on investment in Purpose Core over 90 days. Purpose Core is related to or competes with Purpose International, Purpose Enhanced, IShares High, Fidelity Value, CI International, RBC Quant, and IShares MSCI. The fund seeks to provide shareholders with long-term capital appreciation through investment in a portfolio of high qua... More
Purpose Core Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Purpose Core's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Purpose Core Dividend upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4523 | |||
| Information Ratio | 0.2437 | |||
| Maximum Drawdown | 1.99 | |||
| Value At Risk | (0.57) | |||
| Potential Upside | 0.9334 |
Purpose Core Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Purpose Core's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Purpose Core's standard deviation. In reality, there are many statistical measures that can use Purpose Core historical prices to predict the future Purpose Core's volatility.| Risk Adjusted Performance | 0.2654 | |||
| Jensen Alpha | 0.1429 | |||
| Total Risk Alpha | 0.1283 | |||
| Sortino Ratio | 0.25 | |||
| Treynor Ratio | 0.8004 |
Purpose Core February 18, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.2654 | |||
| Market Risk Adjusted Performance | 0.8104 | |||
| Mean Deviation | 0.3637 | |||
| Downside Deviation | 0.4523 | |||
| Coefficient Of Variation | 290.52 | |||
| Standard Deviation | 0.4641 | |||
| Variance | 0.2154 | |||
| Information Ratio | 0.2437 | |||
| Jensen Alpha | 0.1429 | |||
| Total Risk Alpha | 0.1283 | |||
| Sortino Ratio | 0.25 | |||
| Treynor Ratio | 0.8004 | |||
| Maximum Drawdown | 1.99 | |||
| Value At Risk | (0.57) | |||
| Potential Upside | 0.9334 | |||
| Downside Variance | 0.2046 | |||
| Semi Variance | (0.04) | |||
| Expected Short fall | (0.41) | |||
| Skewness | 0.0055 | |||
| Kurtosis | (0.17) |
Purpose Core Dividend Backtested Returns
As of now, Purpose Etf is very steady. Purpose Core Dividend maintains Sharpe Ratio (i.e., Efficiency) of 0.34, which implies the entity had a 0.34 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Purpose Core Dividend, which you can use to evaluate the volatility of the etf. Please check Purpose Core's Downside Deviation of 0.4523, standard deviation of 0.4641, and Risk Adjusted Performance of 0.2654 to confirm if the risk estimate we provide is consistent with the expected return of 0.16%. The etf holds a Beta of 0.19, which implies not very significant fluctuations relative to the market. As returns on the market increase, Purpose Core's returns are expected to increase less than the market. However, during the bear market, the loss of holding Purpose Core is expected to be smaller as well.
Auto-correlation | 0.84 |
Very good predictability
Purpose Core Dividend has very good predictability. Overlapping area represents the amount of predictability between Purpose Core time series from 20th of November 2025 to 4th of January 2026 and 4th of January 2026 to 18th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Purpose Core Dividend price movement. The serial correlation of 0.84 indicates that around 84.0% of current Purpose Core price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.84 | |
| Spearman Rank Test | 0.86 | |
| Residual Average | 0.0 | |
| Price Variance | 0.5 |
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
| Competition |
Based on the recorded statements, Purpose Core Dividend has a Net Asset of 255.71 M. This is much higher than that of the Purpose Investments Inc. family and significantly higher than that of the North American Equity category. The net asset for all Canada etfs is notably lower than that of the firm.
Purpose Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Purpose Core's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Purpose Core could also be used in its relative valuation, which is a method of valuing Purpose Core by comparing valuation metrics of similar companies.Purpose Core is currently under evaluation in net asset as compared to similar ETFs.
Purpose Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Purpose Core's current stock value. Our valuation model uses many indicators to compare Purpose Core value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Purpose Core competition to find correlations between indicators driving Purpose Core's intrinsic value. More Info.Purpose Core Dividend is rated number one ETF in beta as compared to similar ETFs. It also is rated number one ETF in annual yield as compared to similar ETFs fabricating about 0.11 of Annual Yield per Beta. The ratio of Beta to Annual Yield for Purpose Core Dividend is roughly 9.13 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Purpose Core by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Purpose Core's Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Fund Asset Allocation for Purpose Core
The fund invests 68.35% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides Purpose Core's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors for a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will manage securities in the fund's portfolio as market conditions and the fund's objectives change.
Purpose Fundamentals
| Beta | 0.43 | |||
| Total Asset | 255.71 M | |||
| Annual Yield | 0.05 % | |||
| One Year Return | 29.60 % | |||
| Three Year Return | 14.80 % | |||
| Five Year Return | 13.10 % | |||
| Ten Year Return | 10.20 % | |||
| Net Asset | 255.71 M | |||
| Last Dividend Paid | 0.085 | |||
| Holdings Turnover | 64.56 % | |||
| Equity Positions Weight | 68.35 % |
About Purpose Core Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Purpose Core Dividend's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Purpose Core using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Purpose Core Dividend based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Purpose Core
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Purpose Core position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Purpose Core will appreciate offsetting losses from the drop in the long position's value.Moving together with Purpose Etf
Moving against Purpose Etf
The ability to find closely correlated positions to Purpose Core could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Purpose Core when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Purpose Core - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Purpose Core Dividend to buy it.
The correlation of Purpose Core is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Purpose Core moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Purpose Core Dividend moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Purpose Core can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Purpose Etf
Purpose Core financial ratios help investors to determine whether Purpose 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 Purpose with respect to the benefits of owning Purpose Core security.