Mackenzie Tips Index Etf Performance
| QTIP Etf | 84.30 0.06 0.07% |
The etf secures a Beta (Market Risk) of 0.0119, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Mackenzie TIPS's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mackenzie TIPS is expected to be smaller as well.
Risk-Adjusted Performance
OK
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Mackenzie TIPS Index are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. In spite of rather sound technical and fundamental indicators, Mackenzie TIPS is not utilizing all of its potentials. The recent stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
Mackenzie |
Mackenzie TIPS Relative Risk vs. Return Landscape
If you would invest 8,347 in Mackenzie TIPS Index on April 24, 2025 and sell it today you would earn a total of 83.00 from holding Mackenzie TIPS Index or generate 0.99% return on investment over 90 days. Mackenzie TIPS Index is generating 0.0162% of daily returns and assumes 0.2357% volatility on return distribution over the 90 days horizon. Simply put, 2% 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 TIPS Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mackenzie TIPS's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Mackenzie TIPS Index, and traders can use it to determine the average amount a Mackenzie TIPS'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 = 0.0689
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| Negative Returns | QTIP |
Estimated Market Risk
| 0.24 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Mackenzie TIPS is performing at about 5% 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 TIPS by adding it to a well-diversified portfolio.
About Mackenzie TIPS Performance
By analyzing Mackenzie TIPS's fundamental ratios, stakeholders can gain valuable insights into Mackenzie TIPS's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Mackenzie TIPS has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Mackenzie TIPS has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.