PMM:CA:TSX-Purpose Multi-Strategy Market Neutral Fund Series ETF (CAD)

ETF | Alternative Market Neutral |

Last Closing

CAD 23.93

Change

+0.02 (+0.08)%

Market Cap

CAD 0.03B

Volume

1.00K

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-10-30 )

Largest Industry Peers for Alternative Market Neutral

Symbol Name Price(Change) Market Cap
DANC:CA Desjardins Alt Long/Short Equi..

+0.01 (+0.04%)

CAD 0.39B

ETFs Containing PMM:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Alternative Market Neutral) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 15.94% 100% F 61% D-
Dividend Return N/A N/A N/A N/A N/A
Total Return 15.94% 100% F 62% D
Trailing 12 Months  
Capital Gain 18.23% 100% F 46% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 18.23% 100% F 49% F
Trailing 5 Years  
Capital Gain 7.50% 50% F 43% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 7.50% 50% F 45% F
Average Annual (5 Year Horizon)  
Capital Gain 3.00% 100% F 47% F
Dividend Return 3.00% 100% F 41% F
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 8.14% 50% F 78% C+
Risk Adjusted Return 36.85% 50% F 60% D-
Market Capitalization 0.03B 50% F 19% 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 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.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

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.