Mackenzie Balanced's market value is the price at which a share of Mackenzie Balanced trades on a public exchange. It measures the collective expectations of Mackenzie Balanced Allocation investors about its performance. Mackenzie Balanced is selling at 29.15 as of the 24th of February 2026; that is 0.24 percent decrease since the beginning of the trading day. The etf's open price was 29.22. With this module, you can estimate the performance of a buy and hold strategy of Mackenzie Balanced Allocation and determine expected loss or profit from investing in Mackenzie Balanced over a given investment horizon. Check out Mackenzie Balanced Correlation, Mackenzie Balanced Volatility and Mackenzie Balanced Performance module to complement your research on Mackenzie Balanced.
Understanding that Mackenzie Balanced's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Mackenzie Balanced represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Conversely, Mackenzie Balanced's market price signifies the transaction level at which participants voluntarily complete trades.
Mackenzie Balanced '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 Mackenzie Balanced'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 Mackenzie Balanced.
0.00
11/26/2025
No Change 0.00
0.0
In 3 months and 1 day
02/24/2026
0.00
If you would invest 0.00 in Mackenzie Balanced on November 26, 2025 and sell it all today you would earn a total of 0.00 from holding Mackenzie Balanced Allocation or generate 0.0% return on investment in Mackenzie Balanced over 90 days. Mackenzie Balanced is related to or competes with IShares Core, IShares Core, TD Canadian, TD Equity, IShares NASDAQ, Global X, and IShares Core. MACKENZIE BALANCED is traded on Toronto Stock Exchange in Canada. More
Mackenzie Balanced 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 Mackenzie Balanced'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 Mackenzie Balanced Allocation upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mackenzie Balanced's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mackenzie Balanced's standard deviation. In reality, there are many statistical measures that can use Mackenzie Balanced historical prices to predict the future Mackenzie Balanced's volatility.
As of now, Mackenzie Etf is very steady. Mackenzie Balanced has Sharpe Ratio of 0.15, which conveys that the entity had a 0.15 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Mackenzie Balanced, which you can use to evaluate the volatility of the etf. Please verify Mackenzie Balanced's Risk Adjusted Performance of 0.1542, downside deviation of 0.3953, and Mean Deviation of 0.3307 to check out if the risk estimate we provide is consistent with the expected return of 0.0596%. The etf secures a Beta (Market Risk) of 0.32, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Mackenzie Balanced's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mackenzie Balanced is expected to be smaller as well.
Auto-correlation
0.74
Good predictability
Mackenzie Balanced Allocation has good predictability. Overlapping area represents the amount of predictability between Mackenzie Balanced time series from 26th of November 2025 to 10th of January 2026 and 10th of January 2026 to 24th 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 Mackenzie Balanced price movement. The serial correlation of 0.74 indicates that around 74.0% of current Mackenzie Balanced price fluctuation can be explain by its past prices.
Correlation Coefficient
0.74
Spearman Rank Test
0.44
Residual Average
0.0
Price Variance
0.03
Pair Trading with Mackenzie Balanced
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 Mackenzie Balanced 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 Mackenzie Balanced will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Mackenzie Balanced could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mackenzie Balanced 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 Mackenzie Balanced - 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 Mackenzie Balanced Allocation to buy it.
The correlation of Mackenzie Balanced 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 Mackenzie Balanced moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mackenzie Balanced 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 Mackenzie Balanced 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.
Mackenzie Balanced 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 Balanced security.