Mackenzie Emerging Markets Etf Performance
| QEBH Etf | CAD 79.02 0.52 0.65% |
The etf secures a Beta (Market Risk) of 0.21, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Mackenzie Emerging's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mackenzie Emerging is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days Mackenzie Emerging Markets has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy basic indicators, Mackenzie Emerging is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
1 | Mackenzie Emerging Mkts Bond Index ETF Quote - Press Release - The Globe and Mail | 11/14/2024 |
| In Threey Sharp Ratio | -0.36 |
Mackenzie |
Mackenzie Emerging Relative Risk vs. Return Landscape
If you would invest 7,975 in Mackenzie Emerging Markets on September 16, 2024 and sell it today you would lose (73.00) from holding Mackenzie Emerging Markets or give up 0.92% of portfolio value over 90 days. Mackenzie Emerging Markets is generating negative expected returns and assumes 0.3931% volatility on return distribution over the 90 days horizon. Simply put, 3% 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. Expected Return |
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Mackenzie Emerging Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mackenzie Emerging's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Mackenzie Emerging Markets, and traders can use it to determine the average amount a Mackenzie Emerging'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 = -0.0341
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| Negative Returns | QEBH |
Estimated Market Risk
| 0.39 actual daily | 3 97% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Mackenzie Emerging is not performing at its full potential. However, 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 Emerging by adding Mackenzie Emerging to a well-diversified portfolio.
Mackenzie Emerging Fundamentals Growth
Mackenzie Etf prices reflect investors' perceptions of the future prospects and financial health of Mackenzie Emerging, and Mackenzie Emerging fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Mackenzie Etf performance.
| Total Asset | 258.53 M | |||
About Mackenzie Emerging Performance
By examining Mackenzie Emerging's fundamental ratios, stakeholders can obtain critical insights into Mackenzie Emerging's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Mackenzie Emerging is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
MACKENZIE EMERGING is traded on Toronto Stock Exchange in Canada.| Mackenzie Emerging generated a negative expected return over the last 90 days | |
| The fund generated three year return of -1.0% | |
| Mackenzie Emerging maintains about 95.92% of its assets in bonds |
Other Information on Investing in Mackenzie Etf
Mackenzie Emerging 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 Emerging security.