Purpose High Interest Etf Performance
| PSA Etf | CAD 50.04 0.02 0.04% |
The etf holds a Beta of -0.0023, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Purpose High are expected to decrease at a much lower rate. During the bear market, Purpose High is likely to outperform the market.
Risk-Adjusted Performance
Prime
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Purpose High Interest are ranked lower than 42 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy basic indicators, Purpose High is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
1 | UBS Maintains Public Storage With Hold Rating, Maintains Target Price 293 - | 11/19/2025 |
2 | Wells Fargo Downgrades Public Storage to Hold Rating, Cuts Target Price to 295 - | 02/05/2026 |
Purpose |
Purpose High Relative Risk vs. Return Landscape
If you would invest 4,978 in Purpose High Interest on November 13, 2025 and sell it today you would earn a total of 26.00 from holding Purpose High Interest or generate 0.52% return on investment over 90 days. Purpose High Interest is generating 0.0085% of daily returns assuming 0.0161% volatility of returns over the 90 days investment horizon. Simply put, 0% of all etfs have less volatile historical return distribution than Purpose High, 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 0.34 | 200 Day MA 50.0517 | 1 y Volatility 0.07 | 50 Day MA 50.0418 | Inception Date 2013-10-15 |
Purpose High 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 |
| 50.04 | 90 days | 50.04 | nearly 4.96 |
Based on a normal probability distribution, the odds of Purpose High to move above the current price in 90 days from now is nearly 4.96 (This Purpose High Interest probability density function shows the probability of Purpose Etf to fall within a particular range of prices over 90 days) .
Purpose High Price Density |
| Price |
Predictive Modules for Purpose High
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 High Interest. 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 High Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Purpose High is not an exception. The market had few large corrections towards the Purpose High'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 High Interest, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Purpose High within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.001 | |
β | Beta against Dow Jones | -0.0023 | |
σ | Overall volatility | 0.08 | |
Ir | Information ratio | -5.07 |
Purpose High 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 Purpose High for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Purpose High Interest can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Purpose is showing solid risk-adjusted performance over 90 days | |
| Latest headline from news.google.com: Wells Fargo Downgrades Public Storage to Hold Rating, Cuts Target Price to 295 - | |
| The fund maintains all of the assets in different exotic instruments |
Purpose High Fundamentals Growth
Purpose Etf prices reflect investors' perceptions of the future prospects and financial health of Purpose High, and Purpose High 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 | 2.34 B | |||
About Purpose High Performance
By examining Purpose High's fundamental ratios, stakeholders can obtain critical insights into Purpose High'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 High 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 maximize monthly income for unitholders while preserving capital and liquidity by investing in high interest deposit accounts. PURPOSE HIGH is traded on Toronto Stock Exchange in Canada.| Purpose is showing solid risk-adjusted performance over 90 days | |
| Latest headline from news.google.com: Wells Fargo Downgrades Public Storage to Hold Rating, Cuts Target Price to 295 - | |
| The fund maintains all of the assets in different exotic instruments |
Other Information on Investing in Purpose Etf
Purpose High 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 High security.