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Purpose Best Ideas Fund is listed at the TSX Exchange
Purpose Best Ideas Fund [PBI.TO]
TSX Sector: Financial Services Industry:Asset Management

Is Purpose Best Ideas Fund stock a buy?

What Is The Conclusion?

Right now our advanced algorithms say:

Do the analyst corps agree?

Interesting Questions and Easy Answers!

Yes, Purpose Best Ideas Fund pays dividends. Last time was Monday 31st of January 2022 where the investors holding the stock on Monday 24th of January 2022 were paid $0.785 per share. Over the last 2 times between 2014 and 2022, Purpose Best Ideas Fund has paid $0.825 with an average of $0.41 per share.

Sorry, we do not have any analyst data for this ticker

We cannot find data for Purpose Best Ideas Fund 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was $30.25, you would have made a profit of $12.56 per share or 41.52%

No, the average daily trading liquidity for Purpose Best Ideas Fund is $95 thousand. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.

Purpose Best Ideas Fund has N/A of the business financed by loans. This puts the company at N/A risk in periods of high inflation where borrowing costs usually go up. With a N/A cash flow to debt ratio of 0, the company's ability to pay off the debt is N/A. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.

We have calculated the inflation risk for Purpose Best Ideas Fund to be low [0 of 1]

US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.