Manulife Cost Of Revenue from 2010 to 2024
| MFC-PJ Preferred Stock | CAD 24.00 0.05 0.21% |
Check Manulife Fin financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Manulife Fin'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 Fin Valuation or Volatility modules.
Manulife |
Pair Trading with Manulife Fin
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 Fin 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 Fin will appreciate offsetting losses from the drop in the long position's value.Moving together with Manulife Preferred Stock
Moving against Manulife Preferred Stock
| 0.82 | NA-PG | National Bank Earnings Call This Week | PairCorr |
| 0.6 | PPL-PA | Pembina Pipeline Corp | PairCorr |
| 0.41 | SGR-U | Slate Grocery REIT | PairCorr |
| 0.32 | GDI | GDI Integrated | PairCorr |
The ability to find closely correlated positions to Manulife Fin 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 Fin 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 Fin - 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 Fin Non to buy it.
The correlation of Manulife Fin 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 Fin moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Manulife Fin Non 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 Fin 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 Fin 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 Fin security.