(DFN) Dividend 15 Split - Ratings and Ratios

Dividend15 Split Corp. is a closed-end equity mutual fund managed by Quadravest Capital Management, investing in the Canadian public equity markets across diversified sectors. The funds performance is benchmarked against the S&P TSX60 Index, indicating its focus on tracking the broader Canadian markets top 60 stocks.

The fund has been in operation since January 9, 2004, and is domiciled in Canada, providing a stable and established investment vehicle. With a diversified portfolio, Dividend15 Split Corp. aims to provide investors with a balanced exposure to the Canadian equity market. For more information, you can visit their official website at https://www.dividend15.com.

From a technical standpoint, DFNs stock price is currently at 6.12 CAD, showing a strong upward trend as it is above its 20-day, 50-day, and 200-day Simple Moving Averages (SMA20: 6.03, SMA50: 5.68, SMA200: 5.48). The Average True Range (ATR) of 0.07 indicates a relatively low volatility, with a daily price movement of approximately 1.08%. The stock is trading at its 52-week high, suggesting a positive momentum.

Fundamentally, Dividend15 Split Corp. has a market capitalization of 762.07M CAD, with a low Price-to-Earnings (P/E) ratio of 1.87, indicating that the stock might be undervalued compared to its earnings. The Return on Equity (RoE) of 19.51% is relatively high, suggesting that the fund is generating strong returns for its shareholders.

Based on the technical and fundamental data, a forecast for DFN could be as follows: Given its strong upward trend and low volatility, the stock is likely to continue its positive momentum. The low P/E ratio and high RoE suggest that the fund is well-managed and has a strong potential for future growth. Therefore, it is forecasted that DFNs stock price could potentially reach 6.50 CAD in the short term, representing a 6% increase from its current price, driven by its continued strong performance and favorable market conditions.