Mackenzie Emerging Markets Etf Performance
| QEBL Etf | CAD 76.20 0.01 0.01% |
The etf secures a Beta (Market Risk) of -0.0329, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Mackenzie Emerging are expected to decrease at a much lower rate. During the bear market, Mackenzie Emerging is likely to outperform the market.
Risk-Adjusted Performance
3 of 100
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Mackenzie Emerging Markets are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. 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
Mackenzie |
Mackenzie Emerging Relative Risk vs. Return Landscape
If you would invest 7,520 in Mackenzie Emerging Markets on September 14, 2024 and sell it today you would earn a total of 100.00 from holding Mackenzie Emerging Markets or generate 1.33% return on investment over 90 days. Mackenzie Emerging Markets is generating 0.0224% of daily returns and assumes 0.5327% volatility on return distribution over the 90 days horizon. Simply put, 4% 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 |
| Risk |
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 = 0.042
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Estimated Market Risk
| 0.53 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Mackenzie Emerging is performing at about 3% 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 Emerging by adding it 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 | 354.03 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.
Seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Solactive EM Local Currency Government Bond Select NTR Index, or any successor thereto. MACKENZIE EMERGING is traded on Toronto Stock Exchange in Canada.| The fund maintains about 98.85% 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.