Mackenzie Canadian Aggregate Etf Analysis
| QBB Etf | CAD 94.50 0.06 0.06% |
3 y Volatility 5.24 | 200 Day MA 93.7343 | 1 y Volatility 2.95 | 50 Day MA 93.6534 | Inception Date 2018-01-29 |
Mackenzie Canadian's financial leverage is the degree to which the firm utilizes its fixed-income securities and uses equity to finance projects. Companies with high leverage are usually considered to be at financial risk. Mackenzie Canadian's financial risk is the risk to Mackenzie Canadian stockholders that is caused by an increase in debt. In other words, with a high degree of financial leverage come high-interest payments, which usually reduce Earnings Per Share (EPS).
Given that Mackenzie Canadian's debt-to-equity ratio measures a ETF's obligations relative to the value of its net assets, it is usually used by traders to estimate the extent to which Mackenzie Canadian is acquiring new debt as a mechanism of leveraging its assets. A high debt-to-equity ratio is generally associated with increased risk, implying that it has been aggressive in financing its growth with debt. Another way to look at debt-to-equity ratios is to compare the overall debt load of Mackenzie Canadian to its assets or equity, showing how much of the company assets belong to shareholders vs. creditors. If shareholders own more assets, Mackenzie Canadian is said to be less leveraged. If creditors hold a majority of Mackenzie Canadian's assets, the ETF is said to be highly leveraged.
Mackenzie Canadian Aggregate is fairly valued with Real Value of 94.26 and Hype Value of 94.5. The main objective of Mackenzie Canadian etf analysis is to determine its intrinsic value, which is an estimate of what Mackenzie Canadian Aggregate is worth, separate from its market price. There are two main types of Mackenzie Etf analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic stability of Mackenzie Canadian Aggregate. On the other hand, technical analysis, focuses on the price and volume data of Mackenzie Etf to identify patterns and trends that may indicate its future price movements.
The Mackenzie Canadian etf is traded in Canada on Toronto Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Canada.
Mackenzie |
Mackenzie Etf Analysis Notes
The fund maintains about 95.85% of assets in bonds. Mackenzie Canadian last dividend was 0.149 per share. Mackenzie Canadian Aggregate Bond Index ETF seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Solactive Canadian Select Universe Bond Index, or any successor thereto. MACKENZIE CDN is traded on Toronto Stock Exchange in Canada. To find out more about Mackenzie Canadian Aggregate contact the company at 800-387-0614.Mackenzie Canadian Investment Alerts
| The fund maintains about 95.85% of its assets in bonds |
Management Efficiency
Mackenzie Canadian's management efficiency ratios could be used to measure how well Mackenzie Canadian manages its routine affairs as well as how well it operates its assets and liabilities.Leadership effectiveness at Mackenzie Canadian Aggregate is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Returns 3 Y 4.27 | Returns 5 Y 0.4 | Returns 1 Y 3.06 | Total Assets 1.3 B | Yield 3.2 |
Top Mackenzie Canadian Aggregate Etf Constituents
| Canada Housing Trust No.1 | 1.82% |
| Ontario (Province Of) | 1.5800001% |
| Canada (Government of) | 1.98% |
| Quebec (Province Of) | 2.41% |
Institutional Etf Holders for Mackenzie Canadian
Have you ever been surprised when a price of an equity instrument such as Mackenzie Canadian is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Mackenzie Canadian Aggregate backward and forwards among themselves. Mackenzie Canadian's institutional investor refers to the entity that pools money to purchase Mackenzie Canadian's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| MGAB | Mackenzie Global Fixed | Etf | Global Fixed Income | |
| MBAL | Mackenzie Balanced Allocation | Etf | Global Neutral Balanced | |
| MGRW | Mackenzie Growth Allocation | Etf | Global Equity Balanced |
Mackenzie Canadian Outstanding Bonds
Mackenzie Canadian issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Mackenzie Canadian uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Mackenzie bonds can be classified according to their maturity, which is the date when Mackenzie Canadian Aggregate has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Mackenzie Canadian Predictive Daily Indicators
Mackenzie Canadian intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Mackenzie Canadian etf daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Mackenzie Canadian Forecast Models
Mackenzie Canadian's time-series forecasting models are one of many Mackenzie Canadian's etf analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Mackenzie Canadian's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.Mackenzie Canadian Assets Financed by Debt
Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the Mackenzie Canadian's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Mackenzie Canadian, which in turn will lower the firm's financial flexibility.Mackenzie Canadian Corporate Bonds Issued
About Mackenzie Etf Analysis
Etf analysis is the technique used by a trader or investor to examine and evaluate how Mackenzie Canadian prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Mackenzie shares will generate the highest return on investment. We also built our etf analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Etf such as Mackenzie Canadian. By using and applying Mackenzie Etf analysis, traders can create a robust methodology for identifying Mackenzie entry and exit points for their positions.
Mackenzie Canadian Aggregate Bond Index ETF seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Solactive Canadian Select Universe Bond Index, or any successor thereto. MACKENZIE CDN is traded on Toronto Stock Exchange in Canada.
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Other Information on Investing in Mackenzie Etf
Mackenzie Canadian 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 Canadian security.