Mackenzie Aggregate Total Risk Alpha

QUB Etf   81.83  0.19  0.23%   
Mackenzie Aggregate total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Mackenzie Aggregate Bond or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also Equity Screeners to view more equity screening tools
  
Mackenzie Aggregate Bond has current Total Risk Alpha of 0.0388. The total risk alpha measures the performance of an asset by comparing its returns with those of a selected benchmark portfolio.

Total Risk Alpha

 = 

RFR + (ER[b] - ER[a])

x

STD[a] / STD[b]

 = 
0.0388
ER[a] = Expected return on investing in Mackenzie Aggregate
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Mackenzie Aggregate
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Mackenzie Aggregate Total Risk Alpha Peers Comparison

00.03880.01610.16120.0095100%

Mackenzie Total Risk Alpha Relative To Other Indicators

Mackenzie Aggregate Bond is rated fifth largest ETF in total risk alpha as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs reporting about  63.05  of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Mackenzie Aggregate Bond is roughly  63.05 
JavaScript chart by amCharts 3.21.15MDVDQEBLQTLTQCBQTIPMGBQUB 012345 -0.0500.050.100.150.20
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Mackenzie Aggregate to Peers

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Trending Assets

QUB
Mackenzie Aggregate Bond
81.83  0.19  0.23 
QEBL
Mackenzie Emerging
77.31  -0.48  -0.62 
QASH
Mackenzie Canadian Ultra
50.54  0.01  0.02 
MDVD
Mackenzie Global Sus
28.17  0.32  1.15 
QDXB
Mackenzie Developed
89.11  -0.04  -0.04 
MGB
Mackenzie Core Plus
16.39  0.06  0.37 
QTLT
Mackenzie Government Long
105.58  2.02  1.95 
QCB
Mackenzie Canadian All
96.89  0.13  0.13 
QTIP
Mackenzie TIPS Index
85.24  0.55  0.65