MCSB:CA:TSX-Mackenzie Canadian Short Term Fixed Income ETF (CAD)

ETF | Canadian Short Term Fixed Income |

Last Closing

CAD 19.76

Change

0.00 (0.00)%

Market Cap

CAD 0.02B

Volume

0.03M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

NA

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-09-19 )

Largest Industry Peers for Canadian Short Term Fixed Income

Symbol Name Price(Change) Market Cap
ZCS:CA BMO Short Corporate Bond Index..

+0.02 (+0.11%)

CAD 2.86B
ZST:CA BMO Ultra Short-Term Bond

+0.01 (+0.02%)

CAD 2.74B
XSB:CA iShares Canadian Short Term Bo..

+0.01 (+0.04%)

CAD 2.29B
XSH:CA iShares Core Canadian Short Te..

+0.02 (+0.11%)

CAD 1.35B
VSB:CA Vanguard Canadian Short Term B..

+0.01 (+0.02%)

CAD 1.21B
VSC:CA Vanguard Canadian Short-Term C..

+0.04 (+0.17%)

CAD 0.91B
XFR:CA iShares Floating Rate

N/A

CAD 0.77B
CBO:CA iShares 1-5 Year Laddered Corp..

+0.01 (+0.05%)

CAD 0.70B
CLF:CA iShares 1-5 Year Laddered Gove..

+0.01 (+0.06%)

CAD 0.53B
PFL:CA Invesco 1-3 Year Laddered Floa..

+0.01 (+0.05%)

CAD 0.48B

ETFs Containing MCSB:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Canadian Short Term Fixed Income) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 2.92% 66% D+ 27% F
Dividend Return 2.27% 65% D 57% F
Total Return 5.18% 80% B- 31% F
Trailing 12 Months  
Capital Gain 5.89% 43% F 28% F
Dividend Return 3.80% 73% C 62% D
Total Return 9.69% 77% C+ 34% F
Trailing 5 Years  
Capital Gain -1.59% 63% D 35% F
Dividend Return 9.96% 58% F 42% F
Total Return 8.37% 70% C- 34% F
Average Annual (5 Year Horizon)  
Capital Gain -1.24% 73% C 30% F
Dividend Return 0.83% 67% D+ 32% F
Total Return 2.08% 67% D+ 57% F
Risk Return Profile  
Volatility (Standard Deviation) 3.54% 40% F 94% A
Risk Adjusted Return 23.54% 70% C- 45% F
Market Capitalization 0.02B 13% F 14% F

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Underpriced on cashflow basis

The stock is trading low compared to its peers on a price to cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

What to not like:
High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.