Mackenzie Floating Rate Etf Performance
| MFT Etf | CAD 15.81 0.01 0.06% |
The etf secures a Beta (Market Risk) of 0.04, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Mackenzie Floating's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mackenzie Floating is expected to be smaller as well.
Risk-Adjusted Performance
Weakest
Weak | Strong |
Over the last 90 days Mackenzie Floating Rate has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy basic indicators, Mackenzie Floating is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
Mackenzie |
Mackenzie Floating Relative Risk vs. Return Landscape
If you would invest 1,589 in Mackenzie Floating Rate on November 3, 2025 and sell it today you would lose (8.00) from holding Mackenzie Floating Rate or give up 0.5% of portfolio value over 90 days. Mackenzie Floating Rate is producing return of less than zero assuming 0.17% volatility of returns over the 90 days investment horizon. Simply put, 1% of all etfs have less volatile historical return distribution than Mackenzie Floating, 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 Floating Target Price Odds to finish over Current Price
The tendency of Mackenzie Etf price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 15.81 | 90 days | 15.81 | about 60.33 |
Based on a normal probability distribution, the odds of Mackenzie Floating to move above the current price in 90 days from now is about 60.33 (This Mackenzie Floating Rate probability density function shows the probability of Mackenzie Etf to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Mackenzie Floating has a beta of 0.04. This indicates as returns on the market go up, Mackenzie Floating average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Mackenzie Floating Rate will be expected to be much smaller as well. Additionally Mackenzie Floating Rate has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Mackenzie Floating Price Density |
| Price |
Predictive Modules for Mackenzie Floating
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Mackenzie Floating Rate. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Mackenzie Floating Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Mackenzie Floating is not an exception. The market had few large corrections towards the Mackenzie Floating's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Mackenzie Floating Rate, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Mackenzie Floating within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | 0.04 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | -0.31 |
Mackenzie Floating Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Mackenzie Floating for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Mackenzie Floating Rate can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Mackenzie Floating generated a negative expected return over the last 90 days | |
| The fund maintains about 40.63% of its assets in bonds |
Mackenzie Floating Fundamentals Growth
Mackenzie Etf prices reflect investors' perceptions of the future prospects and financial health of Mackenzie Floating, and Mackenzie Floating 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 | 652.34 M | |||
About Mackenzie Floating Performance
By examining Mackenzie Floating's fundamental ratios, stakeholders can obtain critical insights into Mackenzie Floating'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 Floating 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 Floating Rate Income ETF seeks to generate current income by investing primarily in floating rate debt instruments andor high yield debt securities of issuers located anywhere in the world. MACKENZIE FLOATING is traded on Toronto Stock Exchange in Canada.| Mackenzie Floating generated a negative expected return over the last 90 days | |
| The fund maintains about 40.63% of its assets in bonds |
Other Information on Investing in Mackenzie Etf
Mackenzie Floating 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 Floating security.