MACKENZIE Etf Financials

We recommend to make use of MACKENZIE CDN AGGREGATE fundamental analysis to find out if markets are right now mispricing the etf. Strictly speaking this technique allows you to check out available fundamental indicators of MACKENZIE CDN AGGREGATE as well as the relationship between them. We were able to interpolate six available financial indicators for MACKENZIE CDN, which can be compared to its peers in the sector. Please verify MACKENZIE CDN AGGREGATE net asset to decide if MACKENZIE CDN AGGREGATE is priced favorably.
  
With this module, you can analyze MACKENZIE financials for your investing period. You should be able to track the changes in MACKENZIE CDN individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Understanding current and past MACKENZIE CDN Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of MACKENZIE CDN's financial statements are interrelated, with each one affecting the others. For example, an increase in MACKENZIE CDN's assets may result in an increase in income on the income statement.
Chance Of Financial Distress
Less than 1
MACKENZIE CDN AGGREGATE has less than 1 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for MACKENZIE CDN etf is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in MACKENZIE CDN's official financial statements usually reflect MACKENZIE CDN's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of MACKENZIE CDN AGGREGATE. For example, before you start analyzing numbers published by MACKENZIE accountants, it's critical to develop an understanding of what MACKENZIE CDN's liquidity, profitability, and earnings quality are in the context of the Mackenzie Financial Corporation space in which it operates.
Please note, the presentation of MACKENZIE CDN's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, MACKENZIE CDN's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in MACKENZIE CDN's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of MACKENZIE CDN AGGREGATE. Please utilize our Beneish M Score to check the likelihood of MACKENZIE CDN's management to manipulate its earnings.

MACKENZIE CDN Company Summary

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.
InstrumentCanada Etf
ExchangeToronto Stock Exchange
RegionOthers
Investment IssuerOthers
Etf FamilyMackenzie Financial Corporation
BenchmarkDOW
Phone800 387 0614
CurrencyCAD - Canadian Dollar
You should never invest in MACKENZIE CDN without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of MACKENZIE Etf, because this is throwing your money away. Analyzing the key information contained in MACKENZIE CDN's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

MACKENZIE CDN Key Financial Ratios

Generally speaking, MACKENZIE CDN's financial ratios allow both analysts and investors to convert raw data from MACKENZIE CDN's financial statements into concise, actionable information that can be used to evaluate the performance of MACKENZIE CDN over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that MACKENZIE CDN AGGREGATE reports annually and quarterly.

MACKENZIE Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining MACKENZIE CDN's current stock value. Our valuation model uses many indicators to compare MACKENZIE CDN value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across MACKENZIE CDN competition to find correlations between indicators driving MACKENZIE CDN's intrinsic value. More Info.
MACKENZIE CDN AGGREGATE is presently regarded as number one ETF in last dividend paid as compared to similar ETFs. It is presently regarded as number one ETF in net asset as compared to similar ETFs making up about  689,261,745  of Net Asset per Last Dividend Paid. . Comparative valuation analysis is a catch-all model that can be used if you cannot value MACKENZIE CDN by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for MACKENZIE CDN's Etf . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the MACKENZIE CDN's earnings, one of the primary drivers of an investment's value.
Check out Your Equity Center. You can also try Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

Other Tools for MACKENZIE Etf

When running MACKENZIE CDN AGGREGATE price analysis, check to measure MACKENZIE CDN's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MACKENZIE CDN is operating at the current time. Most of MACKENZIE CDN's value examination focuses on studying past and present price action to predict the probability of MACKENZIE CDN's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move MACKENZIE CDN's price. Additionally, you may evaluate how the addition of MACKENZIE CDN to your portfolios can decrease your overall portfolio volatility.
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