Manulife Financial Statements From 2010 to 2024
| MFC-PC Preferred Stock | CAD 19.35 0.04 0.21% |
Check Manulife Finl financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Manulife Finl's main balance sheet or income statement drivers, such as , as well as many indicators such as . Manulife financial statements analysis is a perfect complement when working with Manulife Finl Valuation or Volatility modules.
Manulife |
Manulife Finl Srs Company Price To Sales Analysis
Manulife Finl's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Current Manulife Finl Price To Sales | 1.89 X |
Most of Manulife Finl's fundamental indicators, such as Price To Sales, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Manulife Finl Srs is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
| Competition |
Based on the latest financial disclosure, Manulife Finl Srs has a Price To Sales of 1.8931 times. This is 12.36% lower than that of the Financial Services sector and 60.43% higher than that of the Insurance - Life industry. The price to sales for all Canada preferred stocks is 83.42% higher than that of the company.
Manulife Finl Srs Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Manulife Finl's current stock value. Our valuation model uses many indicators to compare Manulife Finl value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Manulife Finl competition to find correlations between indicators driving Manulife Finl's intrinsic value. More Info.Manulife Finl Srs is considered to be number one stock in price to earning category among its peers. It also is considered to be number one stock in price to sales category among its peers fabricating about 0.26 of Price To Sales per Price To Earning. The ratio of Price To Earning to Price To Sales for Manulife Finl Srs is roughly 3.80 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Manulife Finl by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Manulife Finl's Preferred Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About Manulife Finl Financial Statements
Manulife Finl stakeholders use historical fundamental indicators, such as Manulife Finl's revenue or net income, to determine how well the company is positioned to perform in the future. Although Manulife Finl investors may analyze each financial statement separately, they are all interrelated. For example, changes in Manulife Finl's assets and liabilities are reflected in the revenues and expenses on Manulife Finl's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Manulife Finl Srs. Please read more on our technical analysis and fundamental analysis pages.
Manulife Financial Corporation, together with its subsidiaries, provides financial advice, insurance, and wealth and asset management solutions for individuals, groups, and institutions in Asia, Canada, and the United States. Manulife Financial Corporation was founded in 1887 and is headquartered in Toronto, Canada. MANULIFE FINANCIAL operates under Insurance - Life classification in Canada and is traded on Toronto Stock Exchange. It employs 34000 people.
Pair Trading with Manulife Finl
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Manulife Finl position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Manulife Finl will appreciate offsetting losses from the drop in the long position's value.Moving together with Manulife Preferred Stock
| 0.84 | MFC-PJ | Manulife Fin Non | PairCorr |
| 0.73 | MFC-PK | Manulife Financial Corp | PairCorr |
| 0.66 | MFC-PL | Manulife Financial Corp | PairCorr |
Moving against Manulife Preferred Stock
| 0.89 | FFH-PC | Fairfax Fin Hld | PairCorr |
| 0.85 | NA | National Bank Earnings Call This Week | PairCorr |
| 0.84 | RY-PS | Royal Bank Earnings Call This Week | PairCorr |
| 0.8 | BMO-PE | Bank of Montreal Earnings Call Next Week | PairCorr |
| 0.77 | BMO | Bank of Montreal Earnings Call Next Week | PairCorr |
The ability to find closely correlated positions to Manulife Finl could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Manulife Finl when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Manulife Finl - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Manulife Finl Srs to buy it.
The correlation of Manulife Finl is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Manulife Finl moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Manulife Finl Srs moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Manulife Finl can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Manulife Preferred Stock
Manulife Finl financial ratios help investors to determine whether Manulife Preferred Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Manulife with respect to the benefits of owning Manulife Finl security.