Mackenzie Balanced Allocation Etf Price on November 14, 2024
| MBAL Etf | CAD 25.86 0.04 0.15% |
Below is the normalized historical share price chart for Mackenzie Balanced Allocation extending back to September 29, 2020. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Mackenzie Balanced stands at 25.86, as last reported on the 16th of December 2024, with the highest price reaching 25.93 and the lowest price hitting 25.86 during the day.
If you're considering investing in Mackenzie Etf, it is important to understand the factors that can impact its price. As of now, Mackenzie Etf is very steady. Mackenzie Balanced has Sharpe Ratio of 0.18, which conveys that the entity had a 0.18% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Mackenzie Balanced, which you can use to evaluate the volatility of the etf. Please verify Mackenzie Balanced's Downside Deviation of 0.5189, mean deviation of 0.2891, and Risk Adjusted Performance of 0.136 to check out if the risk estimate we provide is consistent with the expected return of 0.0784%.
Mackenzie Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 9.33 | 200 Day MA 24.1641 | 1 y Volatility 5.48 | 50 Day MA 25.3024 | Inception Date 2020-09-29 |
Mackenzie |
Sharpe Ratio = 0.1761
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Estimated Market Risk
| 0.45 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 13 87% of assets perform better |
Based on monthly moving average Mackenzie Balanced is performing at about 13% 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 Balanced by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 147.4 K |
Mackenzie Balanced Valuation on November 14, 2024
It is possible to determine the worth of Mackenzie Balanced on a given historical date. On November 14, 2024 Mackenzie was worth 25.4 at the beginning of the trading date compared to the closed value of 25.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mackenzie Balanced etf. Still, in general, we apply an absolute valuation method to find Mackenzie Balanced's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Mackenzie Balanced where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mackenzie Balanced's related companies.
| Open | High | Low | Close | Volume | |
| 25.32 | 25.32 | 25.32 | 25.32 | 495.00 | |
11/14/2024 | 25.40 | 25.40 | 25.40 | 25.40 | 100.00 |
| 25.40 | 25.40 | 25.40 | 25.40 | 1.00 |
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Mackenzie Balanced Trading Date Momentum on November 14, 2024
| On November 15 2024 Mackenzie Balanced Allocation was traded for 25.40 at the closing time. The highest price during the trading period was 25.40 and the lowest recorded bid was listed for 25.40 . There was no trading activity during the period 1.0. Lack of trading volume on November 15, 2024 did not cause price change. The trading delta at closing time to the current price is 0.12% . |
Mackenzie Balanced Fundamentals Correlations and Trends
By evaluating Mackenzie Balanced's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Mackenzie Balanced's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mackenzie financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Mackenzie Balanced Etf history
Mackenzie Balanced investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Mackenzie is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mackenzie Balanced will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Mackenzie Balanced stock prices may prove useful in developing a viable investing in Mackenzie Balanced
Mackenzie Balanced Etf Technical Analysis
Mackenzie Balanced technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
Mackenzie Balanced Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
Mackenzie Balanced Allocation cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Mackenzie Balanced December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Mackenzie Balanced etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mackenzie Balanced shares will generate the highest return on investment. By undertsting and applying Mackenzie Balanced etf market strength indicators, traders can identify Mackenzie Balanced Allocation entry and exit signals to maximize returns
Mackenzie Balanced Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mackenzie Balanced's price direction in advance. Along with the technical and fundamental analysis of Mackenzie Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mackenzie to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.136 | |||
| Jensen Alpha | 0.0527 | |||
| Total Risk Alpha | 0.0223 | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.2741 |
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Other Information on Investing in Mackenzie Etf
Mackenzie Balanced financial ratios help investors to determine whether Mackenzie 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 Mackenzie with respect to the benefits of owning Mackenzie Balanced security.