MACKENZIE CDN Competition

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Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of MACKENZIE CDN's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of MACKENZIE CDN in the context of predictive analytics.
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Please note, it is not enough to conduct a financial or market analysis of a single entity such as MACKENZIE CDN. Your research has to be compared to or analyzed against MACKENZIE CDN's peers to derive any actionable benefits. When done correctly, MACKENZIE CDN's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in MACKENZIE CDN AGGREGATE.

MACKENZIE CDN Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between MACKENZIE CDN and its competitors represents the degree of relationship between the price movements of corresponding etfs. A correlation of about +1.0 implies that the price of MACKENZIE and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of MACKENZIE CDN AGGREGATE does not affect the price movement of the other competitor.
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MACKENZIE CDN Competition Risk-Adjusted Indicators

Nowadays, there is a big difference between MACKENZIE Etf performing well and MACKENZIE CDN ETF doing well compared to the competition. There are way too many exceptions to the normal that investors can tell for sure what's good or bad unless they analyze MACKENZIE CDN's multiple risk-adjusted performance indicators. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
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TWTR 1.68  0.26  0.09  0.40  2.78  0.11 (1.60)  4.00 (2.97)  15.22 
MSFT 1.35  0.00  0.00 (0.07)  0.00 (0.0125)  0.00  2.78 (2.94)  12.18 
UBER 2.80  0.55  0.16  0.41  2.80  0.14 (2.93)  5.60 (5.13)  25.11 
F 2.24  0.20  0.05  0.05  3.16  0.0492 (2.41)  5.18 (5.04)  18.47 
T 1.04 (0.37)  0.00 (0.57)  0.00 (0.23)  0.00  1.55 (2.33)  9.29 
A 1.62  0.19  0.09  0.09  1.79  0.08 (1.90)  3.43 (3.13)  11.70 
CRM 1.95 (0.05)  0.00 (0.10)  0.00 (0.033)  0.00  3.63 (3.96)  10.76 
JPM 1.35  0.02  0.00 (0.05)  0.00  0.0027  0.00  2.61 (2.88)  8.06 
MRK 0.87 (0.04)  0.00 (0.16)  0.00  0.0025  0.00  1.66 (1.87)  4.57 
XOM 1.75  0.18  0.09  0.14  2.01  0.09 (1.93)  3.64 (3.24)  9.95 

MACKENZIE CDN Competitive Analysis

The better you understand MACKENZIE CDN competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, MACKENZIE CDN's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across MACKENZIE CDN's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart

MACKENZIE CDN Competition Performance Charts

Complement your MACKENZIE CDN position

In addition to having MACKENZIE CDN 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.

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Run Semiconductor Thematic Idea Now

Semiconductor
Semiconductor Theme
Companies involved in production of semiconductor and semiconductor materials. The Semiconductor theme has 40 constituents at this time.
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 Semiconductor Theme or any other thematic opportunities.
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Check out Your Equity Center. You can also try Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

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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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Analyzing MACKENZIE CDN competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of MACKENZIE CDN to its intrinsic valuation because they are able to contrast its competitors on a relative basis.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of MACKENZIE CDN competition on your existing holdings. Check out Your Equity Center.