MACKENZIE Etf Performance

QINF
 Etf
  

CAD 120.88  0.06  0.0497%   

The entity owns a Beta (Systematic Risk) of -0.0439, which conveys not very significant fluctuations relative to the market. Let's try to break down what MACKENZIE's beta means in this case. As returns on the market increase, returns on owning MACKENZIE GLOBAL are expected to decrease at a much lower rate. During the bear market, MACKENZIE GLOBAL is likely to outperform the market. Although it is important to respect MACKENZIE GLOBAL INF existing price patterns, it is better to be realistic regarding the information on the equity's price patterns. The approach towards estimating future performance of any etf is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By inspecting MACKENZIE GLOBAL INF technical indicators, you can right now evaluate if the expected return of 0.0616% will be sustainable into the future.
  
MACKENZIE Performance
2 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in MACKENZIE GLOBAL INFRASTRUCTURE are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. Despite quite persistent basic indicators, MACKENZIE GLOBAL is not utilizing all of its potentials. The current stock price mess, may contribute to short-term losses for the institutional investors. ...more

MACKENZIE Price Channel

Fifty Two Week Low105.22
Fifty Two Week High120.85

MACKENZIE GLOBAL Relative Risk vs. Return Landscape

If you would invest  11,735  in MACKENZIE GLOBAL INFRASTRUCTURE on May 21, 2022 and sell it today you would earn a total of  353.00  from holding MACKENZIE GLOBAL INFRASTRUCTURE or generate 3.01% return on investment over 90 days. MACKENZIE GLOBAL INFRASTRUCTURE is generating 0.0616% of daily returns and assumes 1.5977% volatility on return distribution over the 90 days horizon. Simply put, 13% of etfs are less volatile than MACKENZIE, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days.
  Daily Expected Return (%)  
       Risk (%)  
Assuming the 90 days trading horizon MACKENZIE GLOBAL is expected to generate 1.82 times less return on investment than the market. In addition to that, the company is 1.38 times more volatile than its market benchmark. It trades about 0.04 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.1 per unit of volatility.

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 = 0.0386

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Estimated Market Risk
 1.6
  actual daily
 
 13 %
of total potential
 
1313
Expected Return
 0.06
  actual daily
 
 1 %
of total potential
 
11
Risk-Adjusted Return
 0.04
  actual daily
 
 2 %
of total potential
 
22
Based on monthly moving average MACKENZIE GLOBAL is performing at about 2% 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.

About MACKENZIE GLOBAL Performance

To evaluate MACKENZIE GLOBAL INF Etf as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when MACKENZIE GLOBAL generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare MACKENZIE Etf's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand MACKENZIE GLOBAL INF market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents MACKENZIE's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
MACKENZIE GLOBAL is traded on Toronto Stock Exchange in Canada.

Things to note about MACKENZIE GLOBAL INF

Checking the ongoing alerts about MACKENZIE GLOBAL for important developments is a great way to find new opportunities for your next move. Etf alerts and notifications screener for MACKENZIE GLOBAL INF help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

MACKENZIE GLOBAL Alerts

Equity Alerts and Improvement Suggestions

The fund maintains 99.6% of its assets in stocks
Please see Your Equity Center. Note that the MACKENZIE GLOBAL INF information on this page should be used as a complementary analysis to other MACKENZIE GLOBAL'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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

Complementary Tools for MACKENZIE Etf analysis

When running MACKENZIE GLOBAL INF price analysis, check to measure MACKENZIE GLOBAL'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 GLOBAL is operating at the current time. Most of MACKENZIE GLOBAL's value examination focuses on studying past and present price action to predict the probability of MACKENZIE GLOBAL's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move MACKENZIE GLOBAL's price. Additionally, you may evaluate how the addition of MACKENZIE GLOBAL to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between MACKENZIE GLOBAL's value and its price as these two are different measures arrived at by different means. Investors typically determine MACKENZIE GLOBAL value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MACKENZIE GLOBAL'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.