Purpose Enhanced Dividend Etf Performance
| PDIV Etf | CAD 9.55 0.04 0.42% |
The etf holds a Beta of 0.29, which implies not very significant fluctuations relative to the market. As returns on the market increase, Purpose Enhanced's returns are expected to increase less than the market. However, during the bear market, the loss of holding Purpose Enhanced is expected to be smaller as well.
Risk-Adjusted Performance
Good
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Purpose Enhanced Dividend are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy basic indicators, Purpose Enhanced is not utilizing all of its potentials. The current stock price disarray, may contribute to short-term losses for the investors. ...more
1 | Purpose Investments Inc. Announces 2025 Estimated Annual Income and Capital Gains Distributions - GlobeNewswire | 12/02/2025 |
Purpose |
Purpose Enhanced Relative Risk vs. Return Landscape
If you would invest 917.00 in Purpose Enhanced Dividend on November 16, 2025 and sell it today you would earn a total of 38.00 from holding Purpose Enhanced Dividend or generate 4.14% return on investment over 90 days. Purpose Enhanced Dividend is generating 0.0666% of daily returns and assumes 0.459% volatility on return distribution over the 90 days horizon. Simply put, 4% of etfs are less volatile than Purpose, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
3 y Volatility 6.03 | 200 Day MA 9.3244 | 1 y Volatility 4.11 | 50 Day MA 9.5105 | Inception Date 2013-02-20 |
Purpose Enhanced Target Price Odds to finish over Current Price
The tendency of Purpose 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 |
| 9.55 | 90 days | 9.55 | about 8.31 |
Based on a normal probability distribution, the odds of Purpose Enhanced to move above the current price in 90 days from now is about 8.31 (This Purpose Enhanced Dividend probability density function shows the probability of Purpose Etf to fall within a particular range of prices over 90 days) .
Purpose Enhanced Price Density |
| Price |
Predictive Modules for Purpose Enhanced
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Purpose Enhanced Dividend. 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.Purpose Enhanced Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Purpose Enhanced is not an exception. The market had few large corrections towards the Purpose Enhanced'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 Purpose Enhanced Dividend, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Purpose Enhanced within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | 0.29 | |
σ | Overall volatility | 0.13 | |
Ir | Information ratio | -0.03 |
Purpose Enhanced Fundamentals Growth
Purpose Etf prices reflect investors' perceptions of the future prospects and financial health of Purpose Enhanced, and Purpose Enhanced 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 Purpose Etf performance.
| Total Asset | 20.14 M | |||
About Purpose Enhanced Performance
By examining Purpose Enhanced's fundamental ratios, stakeholders can obtain critical insights into Purpose Enhanced'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 Purpose Enhanced 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.
The fund seeks to provide shareholders with consistent long-term capital appreciation with an attractive risk-adjusted rate of return investing in a portfolio of North American equities and provide less volatility and low correlation to North American equity markets by hedging the funds exposure to overall market risk. PURPOSE ENHANCED is traded on Toronto Stock Exchange in Canada.