Mackenzie Investment Grade Etf Analysis

QUIG Etf  CAD 86.68  0.66  0.76%   
Mackenzie Investment Grade is overvalued with Real Value of 84.56 and Hype Value of 86.68. The main objective of Mackenzie Investment etf analysis is to determine its intrinsic value, which is an estimate of what Mackenzie Investment Grade is worth, separate from its market price. There are two main types of Mackenzie Etf analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic stability of Mackenzie Investment Grade. On the other hand, technical analysis, focuses on the price and volume data of Mackenzie Etf to identify patterns and trends that may indicate its future price movements.
The Mackenzie Investment etf is traded in Canada on Toronto Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Canada.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Mackenzie Investment Grade. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Mackenzie Etf Analysis Notes

The fund maintains about 43.5% of assets in bonds. Mackenzie Investment last dividend was 0.2698 per share. Mackenzie US Investment Grade Corporate Bond Index ETF seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Solactive Select USD Investment Grade Corporate Hedged to CAD Index, or any successor thereto. MACKENZIE is traded on Toronto Stock Exchange in Canada. To find out more about Mackenzie Investment Grade contact the company at 800-387-0614.

Mackenzie Investment Investment Alerts

Mackenzie Investment generated a negative expected return over the last 90 days
The fund generated three year return of -2.0%
Mackenzie Investment maintains about 43.5% of its assets in bonds

Management Efficiency

Mackenzie Investment's management efficiency ratios could be used to measure how well Mackenzie Investment manages its routine affairs as well as how well it operates its assets and liabilities.
Leadership effectiveness at Mackenzie Investment Grade is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Returns 3 Y
(2.29)
Returns 5 Y
0.16
Returns 1 Y
7
Total Assets
539.5 M
Yield
4.21

Top Mackenzie Investment Grade Etf Constituents

JPMorgan Chase & Co.0.94%
Bank of America Corporation0.8%
Goldman Sachs Group, Inc.0.70999996%
Wells Fargo & Company0.69999998%
AbbVie Inc.0.61000003%
Bristol-Myers Squibb Company0.62%
The Boeing Company0.61000003%
Anheuser-Busch Companies LLC / Anheuser-Busch InBev Worldwide Inc0.7900001%
Oracle Corporation0.7900001%

Institutional Etf Holders for Mackenzie Investment

Have you ever been surprised when a price of an equity instrument such as Mackenzie Investment is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Mackenzie Investment Grade backward and forwards among themselves. Mackenzie Investment's institutional investor refers to the entity that pools money to purchase Mackenzie Investment's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
MGABMackenzie Global FixedEtfGlobal Fixed Income
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Note, although Mackenzie Investment's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Technical Drivers

As of the 4th of December, Mackenzie Investment secures the Downside Deviation of 0.3466, risk adjusted performance of (0.01), and Mean Deviation of 0.2684. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Mackenzie Investment, as well as the relationship between them.

Mackenzie Investment Price Movement Analysis

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The output start index for this execution was thirteen with a total number of output elements of fourty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Mackenzie Investment middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Mackenzie Investment. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Mackenzie Investment Outstanding Bonds

Mackenzie Investment issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Mackenzie Investment uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Mackenzie bonds can be classified according to their maturity, which is the date when Mackenzie Investment Grade has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Mackenzie Investment Predictive Daily Indicators

Mackenzie Investment intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Mackenzie Investment etf daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Mackenzie Investment Forecast Models

Mackenzie Investment's time-series forecasting models are one of many Mackenzie Investment's etf analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Mackenzie Investment's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Mackenzie Etf Analysis

Etf analysis is the technique used by a trader or investor to examine and evaluate how Mackenzie Investment prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Mackenzie shares will generate the highest return on investment. We also built our etf analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Etf such as Mackenzie Investment. By using and applying Mackenzie Etf analysis, traders can create a robust methodology for identifying Mackenzie entry and exit points for their positions.
Mackenzie US Investment Grade Corporate Bond Index ETF seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Solactive Select USD Investment Grade Corporate Hedged to CAD Index, or any successor thereto. MACKENZIE is traded on Toronto Stock Exchange in Canada.

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our etf analysis tools, you can find out how much better you can do when adding Mackenzie Investment to your portfolios without increasing risk or reducing expected return.

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Other Information on Investing in Mackenzie Etf

Mackenzie Investment 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 Investment security.