Purpose Multi Asset Income Etf Performance

PINC Etf  CAD 20.15  0.16  0.79%   
The etf holds a Beta of 0.2, which implies not very significant fluctuations relative to the market. As returns on the market increase, Purpose Multi's returns are expected to increase less than the market. However, during the bear market, the loss of holding Purpose Multi is expected to be smaller as well.

Risk-Adjusted Performance

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Strong
Compared to the overall equity markets, risk-adjusted returns on investments in Purpose Multi Asset Income are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy basic indicators, Purpose Multi is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
1
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2
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Purpose Multi Relative Risk vs. Return Landscape

If you would invest  1,992  in Purpose Multi Asset Income on October 26, 2025 and sell it today you would earn a total of  23.00  from holding Purpose Multi Asset Income or generate 1.15% return on investment over 90 days. Purpose Multi Asset Income is generating 0.0192% of daily returns and assumes 0.3855% volatility on return distribution over the 90 days horizon. Simply put, 3% 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  
Assuming the 90 days trading horizon Purpose Multi is expected to generate 2.89 times less return on investment than the market. But when comparing it to its historical volatility, the company is 1.92 times less risky than the market. It trades about 0.05 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.08 of returns per unit of risk over similar time horizon. Below is the normalized historical share price chart for Purpose Multi Asset Income extending back to May 08, 2018. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Purpose Multi stands at 20.15, as last reported on the 24th of January, with the highest price reaching 20.33 and the lowest price hitting 20.15 during the day.
3 y Volatility
8.68
200 Day MA
19.4066
1 y Volatility
4.44
50 Day MA
19.9562
Inception Date
2018-04-05
 
Covid

Purpose Multi Fundamentals Growth

Purpose Etf prices reflect investors' perceptions of the future prospects and financial health of Purpose Multi, and Purpose Multi 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 Asset219.02 M

About Purpose Multi Performance

By examining Purpose Multi's fundamental ratios, stakeholders can obtain critical insights into Purpose Multi'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 Multi 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 investment objectives are to generate a high level of income and long-term capital growth by investing primarily in a mix of income-producing securities, including but not limited to, equity securities, common and preferred shares, real estate investment trusts , convertible securities, investment grade fixed income securities, higher yielding, lower quality fixed income securities, floating rate debt instruments and asset-backed securities and mortgage-backed securities, PURPOSE MULTI is traded on Toronto Stock Exchange in Canada.
Latest headline from news.google.com: THE PINK PANTHER The Quiet Setup Behind Healthcares Breakout - Hedgeye
The fund maintains about 14.43% of its assets in bonds

Other Information on Investing in Purpose Etf

Purpose Multi 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 Multi security.