Mackenzie Etf Alpha and Beta Analysis

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Mackenzie Canadian Large. It also helps investors analyze the systematic and unsystematic risks associated with investing in Mackenzie Canadian over a specified time horizon. Remember, high Mackenzie Canadian's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
Check out Your Equity Center.
  
Please note that although Mackenzie Canadian alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., NYSE Composite index.) So in this particular case, Mackenzie Canadian did 0.00  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Mackenzie Canadian Large etf's relative risk over its benchmark. Mackenzie Canadian Large has a beta of 0.00  . Let's try to break down what Mackenzie's beta means in this case. The returns on NYSE COMPOSITE and Mackenzie Canadian are completely uncorrelated.
.
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.

Mackenzie Canadian Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Mackenzie Canadian market risk premium is the additional return an investor will receive from holding Mackenzie Canadian long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Mackenzie Canadian. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Mackenzie Canadian's performance over market.
α0.00   β0.00
90 days against NYA
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Mackenzie Canadian in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Mackenzie Canadian's short interest history, or implied volatility extrapolated from Mackenzie Canadian options trading.

Build Portfolio with Mackenzie Canadian

Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.

Build Diversified Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Check out Your Equity Center. You can also try Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

Other Tools for Mackenzie Etf

When running Mackenzie Canadian Large price analysis, check to measure Mackenzie Canadian'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 Canadian is operating at the current time. Most of Mackenzie Canadian's value examination focuses on studying past and present price action to predict the probability of Mackenzie Canadian's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Mackenzie Canadian's price. Additionally, you may evaluate how the addition of Mackenzie Canadian to your portfolios can decrease your overall portfolio volatility.
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Go
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Go
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Go
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Go
Commodity Channel Index
Use Commodity Channel Index to analyze current equity momentum
Go
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Go
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Go
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Go
Price Transformation
Use Price Transformation models to analyze depth of different equity instruments across global markets
Go