Picton Mahoney Financials
| PFLS Etf | CAD 18.83 0.07 0.37% |
3 y Sharp Ratio 0.82 |
Picton |
The data published in Picton Mahoney's official financial statements typically reflect Picton Mahoney's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Picton Mahoney's quantitative information. For example, before you start analyzing numbers published by Picton accountants, it's essential to understand Picton Mahoney's liquidity, profitability, and earnings quality within the context of the Picton Mahoney Asset Management space in which it operates.
Picton Mahoney Etf Summary
Picton Mahoney competes with Hamilton Enhanced, Hamilton Enhanced, Hamilton Canadian, Real Estate, and Global Dividend. PICTON MAHONEY is traded on Toronto Stock Exchange in Canada.| Instrument | Canada Etf |
| Exchange | Toronto Exchange |
| ISIN | CA72001B1031 |
| Region | Others |
| Investment Issuer | Others |
| Etf Family | Picton Mahoney Asset Management |
| Fund Category | Others |
| Portfolio Concentration | Others |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | CAD - Canadian Dollar |
Picton Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Picton Mahoney's current stock value. Our valuation model uses many indicators to compare Picton Mahoney value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Picton Mahoney competition to find correlations between indicators driving Picton Mahoney's intrinsic value. More Info.Picton Mahoney Fortified is regarded fourth largest ETF in one year return as compared to similar ETFs. It is regarded second largest ETF in three year return as compared to similar ETFs reporting about 0.44 of Three Year Return per One Year Return. The ratio of One Year Return to Three Year Return for Picton Mahoney Fortified is roughly 2.30 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Picton Mahoney by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Picton Mahoney'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.Picton Mahoney Fortified Systematic Risk
Picton Mahoney's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Picton Mahoney volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Picton Mahoney Fortified correlated with the market. If Beta is less than 0 Picton Mahoney generally moves in the opposite direction as compared to the market. If Picton Mahoney Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Picton Mahoney Fortified is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Picton Mahoney is generally in the same direction as the market. If Beta > 1 Picton Mahoney moves generally in the same direction as, but more than the movement of the benchmark.
Picton Mahoney December 11, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Picton Mahoney help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Picton Mahoney Fortified. We use our internally-developed statistical techniques to arrive at the intrinsic value of Picton Mahoney Fortified based on widely used predictive technical indicators. In general, we focus on analyzing Picton Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Picton Mahoney's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.7616 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 4.22 | |||
| Value At Risk | (1.09) | |||
| Potential Upside | 1.21 |
Other Information on Investing in Picton Etf
Picton Mahoney financial ratios help investors to determine whether Picton Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Picton with respect to the benefits of owning Picton Mahoney security.