Mackenzie Canadian Valuation
| QCE Etf | CAD 156.55 0.06 0.04% |
At this time, the etf appears to be undervalued. Mackenzie Canadian Large secures a last-minute Real Value of C$168.12 per share. The latest price of the etf is C$156.55. Our model forecasts the value of Mackenzie Canadian Large from analyzing the etf fundamentals such as Last Dividend Paid of 0.88, beta of 0.99, and One Year Return of 30.40 % as well as examining its technical indicators and probability of bankruptcy.
Undervalued
Today
Please note that Mackenzie Canadian's price fluctuation is very steady at this time. Calculation of the real value of Mackenzie Canadian Large is based on 3 months time horizon. Increasing Mackenzie Canadian's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Mackenzie Canadian is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Mackenzie Etf. However, Mackenzie Canadian's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 156.55 | Real 168.12 | Hype 156.55 | Naive 156.97 |
The intrinsic value of Mackenzie Canadian's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Mackenzie Canadian's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Mackenzie Canadian Large helps investors to forecast how Mackenzie etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Mackenzie Canadian more accurately as focusing exclusively on Mackenzie Canadian's fundamentals will not take into account other important factors: About Mackenzie Canadian Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of Mackenzie Canadian Large. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of Mackenzie Canadian Large based exclusively on its fundamental and basic technical indicators. By analyzing Mackenzie Canadian's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of Mackenzie Canadian's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of Mackenzie Canadian. We calculate exposure to Mackenzie Canadian's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Mackenzie Canadian's related companies.Mackenzie Canadian Large Cap Equity Index ETF seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Solactive Canada Large Cap Index, or any successor thereto. MACKENZIE CDN is traded on Toronto Stock Exchange in Canada.
Other Information on Investing in Mackenzie Etf
Mackenzie Canadian 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 Canadian security.