MACKENZIE Etf Buy Hold or Sell Recommendation

QEBH
 Etf
  

CAD 75.45  0.91  1.19%   

Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding MACKENZIE EMERGING MKTS is 'Strong Buy'. Macroaxis provides MACKENZIE EMERGING buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding QEBH positions. The advice algorithm takes into account all of MACKENZIE EMERGING's available fundamental, technical, and predictive indicators you will find on this site.
  
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The advice is provided from MACKENZIE EMERGING's buy-and-hold perspective. Please see MACKENZIE EMERGING Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual funds such as MACKENZIE and provide practical buy, sell, or hold recommendation based on selected investing horizon and risk tolerance towards MACKENZIE EMERGING MKTS.

Execute MACKENZIE EMERGING Buy or Sell Advice

The MACKENZIE recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on MACKENZIE EMERGING MKTS. Macroaxis does not own or have any residual interests in MACKENZIE EMERGING MKTS or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute MACKENZIE EMERGING's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell MACKENZIE EMERGINGBuy MACKENZIE EMERGING
Strong Buy

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

UndervaluedDetails

Odds of Distress

Very LowDetails

Economic Sensitivity

Moves indifferently to market movesDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon MACKENZIE EMERGING MKTS has a Risk Adjusted Performance of (0.31), Jensen Alpha of (0.21), Total Risk Alpha of (0.08) and Treynor Ratio of 7.62
Macroaxis provides unbiased advice on MACKENZIE EMERGING MKTS that should be used to complement current analysts and expert consensus on MACKENZIE EMERGING. Our trade recommendation engine determines the etf's potential to grow exclusively from the perspective of an investors' current risk tolerance and investing horizon. Please verify MACKENZIE EMERGING MKTS net asset, equity positions weight, as well as the relationship between the Equity Positions Weight and bond positions weight to decide if your MACKENZIE EMERGING MKTS buy or sell deciscion is justified.

MACKENZIE EMERGING Trading Alerts and Improvement Suggestions

MACKENZIE EMERGING generated a negative expected return over the last 90 days
MACKENZIE EMERGING is unlikely to experience financial distress in the next 2 years
The fund maintains about 93.5% of its assets in bonds

MACKENZIE EMERGING Returns Distribution Density

The distribution of MACKENZIE EMERGING's historical returns is an attempt to chart the future uncertainty of MACKENZIE EMERGING's future price movements. The chart of the probability distribution of MACKENZIE EMERGING stock daily returns describes the distribution of returns around its average expected value. We use MACKENZIE EMERGING MKTS price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of MACKENZIE EMERGING returns is essential to provide solid investment advice for MACKENZIE EMERGING stock.
Mean Return-0.19Value At Risk-2.5
Potential Upside0.32Standard Deviation0.90
 Return Density 
      Distribution 
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of MACKENZIE EMERGING historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

MACKENZIE EMERGING Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to MACKENZIE EMERGING or Mackenzie Financial Corporation sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that MACKENZIE EMERGING stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a MACKENZIE stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over DOW
-0.21
β
Beta against DOW-0.03
σ
Overall volatility
0.92
Ir
Information ratio -0.01

MACKENZIE EMERGING Volatility Alert

MACKENZIE EMERGING MKTS exhibits very low volatility with skewness of -2.55 and kurtosis of 9.08. However, we advise investors to further study MACKENZIE EMERGING MKTS technical indicators to make sure all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure MACKENZIE EMERGING's etf risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact MACKENZIE EMERGING's etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

MACKENZIE EMERGING Implied Volatility

MACKENZIE EMERGING's implied volatility exposes the market's sentiment of MACKENZIE EMERGING MKTS stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if MACKENZIE EMERGING's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that MACKENZIE EMERGING stock will not fluctuate a lot when MACKENZIE EMERGING's options are near their expiration.

MACKENZIE EMERGING Fundamentals Vs Peers

Comparing MACKENZIE EMERGING's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze MACKENZIE EMERGING's direct or indirect competition across all of the common fundamentals between MACKENZIE EMERGING and the related equities. This way, we can detect undervalued stocks with similar characteristics as MACKENZIE EMERGING or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of MACKENZIE EMERGING's fundamental indicators could also be used in its relative valuation, which is a method of valuing MACKENZIE EMERGING by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare MACKENZIE EMERGING to competition
FundamentalsMACKENZIE EMERGINGPeer Average
One Year Return(14.33) %(0.97) %
Net Asset486.69 M2.29 B
Equity Positions Weight0.09 %52.82 %
Bond Positions Weight93.50 %8.16 %

About MACKENZIE EMERGING Buy or Sell Advice

When is the right time to buy or sell MACKENZIE EMERGING MKTS? Buying financial instruments such as MACKENZIE Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the stock market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Although MACKENZIE EMERGING investors may find it confusing at the beginning, most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having MACKENZIE EMERGING in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Entertainment Thematic Idea Now

Entertainment
Entertainment Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Entertainment theme has 61 constituents.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Entertainment Theme or any other thematic opportunities.
View All  Next Launch Entertainment
Please see MACKENZIE EMERGING Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the MACKENZIE EMERGING MKTS information on this page should be used as a complementary analysis to other MACKENZIE EMERGING's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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Please note, there is a significant difference between MACKENZIE EMERGING's value and its price as these two are different measures arrived at by different means. Investors typically determine MACKENZIE EMERGING value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MACKENZIE EMERGING's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.