Mackenzie Global Infrastructure Etf Performance
| QINF Etf | CAD 144.90 1.95 1.36% |
The etf secures a Beta (Market Risk) of 0.0617, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Mackenzie Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mackenzie Global is expected to be smaller as well.
Risk-Adjusted Performance
17 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Mackenzie Global Infrastructure are ranked lower than 17 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating basic indicators, Mackenzie Global may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
| In Threey Sharp Ratio | 0.69 |
Mackenzie |
Mackenzie Global Relative Risk vs. Return Landscape
If you would invest 12,848 in Mackenzie Global Infrastructure on August 28, 2024 and sell it today you would earn a total of 1,447 from holding Mackenzie Global Infrastructure or generate 11.26% return on investment over 90 days. Mackenzie Global Infrastructure is generating 0.1724% of daily returns and assumes 0.7669% volatility on return distribution over the 90 days horizon. Simply put, 6% of etfs are less volatile than Mackenzie, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Mackenzie Global Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mackenzie Global's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Mackenzie Global Infrastructure, and traders can use it to determine the average amount a Mackenzie Global's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2248
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.77 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average Mackenzie Global is performing at about 17% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Mackenzie Global by adding it to a well-diversified portfolio.
Mackenzie Global Fundamentals Growth
Mackenzie Etf prices reflect investors' perceptions of the future prospects and financial health of Mackenzie Global, and Mackenzie Global 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 | 5.35 M | |||
About Mackenzie Global Performance
By examining Mackenzie Global's fundamental ratios, stakeholders can obtain critical insights into Mackenzie Global'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 Global 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 GLOBAL is traded on Toronto Stock Exchange in Canada.Other Information on Investing in Mackenzie Etf
Mackenzie Global 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 Global security.