Manulife Financial Corp Preferred Stock Probability of Future Preferred Stock Price Finishing Over 23.65

MFC-PK Preferred Stock  CAD 24.10  0.04  0.17%   
Manulife Financial's future price is the expected price of Manulife Financial instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Manulife Financial Corp performance during a given time horizon utilizing its historical volatility. Check out Manulife Financial Backtesting, Manulife Financial Valuation, Manulife Financial Correlation, Manulife Financial Hype Analysis, Manulife Financial Volatility, Manulife Financial History as well as Manulife Financial Performance.
  
Please specify Manulife Financial's target price for which you would like Manulife Financial odds to be computed.

Manulife Financial Target Price Odds to finish over 23.65

The tendency of Manulife Preferred Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to stay above C$ 23.65  in 90 days
 24.10 90 days 23.65 
close to 99
Based on a normal probability distribution, the odds of Manulife Financial to stay above C$ 23.65  in 90 days from now is close to 99 (This Manulife Financial Corp probability density function shows the probability of Manulife Preferred Stock to fall within a particular range of prices over 90 days) . Probability of Manulife Financial Corp price to stay between C$ 23.65  and its current price of C$24.1 at the end of the 90-day period is about 9.46 .
Assuming the 90 days trading horizon Manulife Financial has a beta of 0.0527. This indicates as returns on the market go up, Manulife Financial average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Manulife Financial Corp will be expected to be much smaller as well. Additionally Manulife Financial Corp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial.
   Manulife Financial Price Density   
       Price  

Predictive Modules for Manulife Financial

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Manulife Financial Corp. Regardless of method or technology, however, to accurately forecast the preferred stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the preferred stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
23.6424.1024.56
Details
Intrinsic
Valuation
LowRealHigh
23.7024.1624.62
Details
Naive
Forecast
LowNextHigh
23.7324.1924.65
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
23.9424.2124.48
Details

Manulife Financial Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Manulife Financial is not an exception. The market had few large corrections towards the Manulife Financial's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Manulife Financial Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Manulife Financial within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
-0.04
β
Beta against Dow Jones0.05
σ
Overall volatility
0.16
Ir
Information ratio -0.35

Manulife Financial Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Manulife Financial for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Manulife Financial Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Manulife Financial generated a negative expected return over the last 90 days

Manulife Financial Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Manulife Preferred Stock often depends not only on the future outlook of the current and potential Manulife Financial's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Manulife Financial's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding1.9 B

Manulife Financial Technical Analysis

Manulife Financial's future price can be derived by breaking down and analyzing its technical indicators over time. Manulife Preferred Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Manulife Financial Corp. In general, you should focus on analyzing Manulife Preferred Stock price patterns and their correlations with different microeconomic environments and drivers.

Manulife Financial Predictive Forecast Models

Manulife Financial's time-series forecasting models is one of many Manulife Financial's preferred stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Manulife Financial's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the preferred stock market movement and maximize returns from investment trading.

Things to note about Manulife Financial Corp

Checking the ongoing alerts about Manulife Financial for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Manulife Financial Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Manulife Financial generated a negative expected return over the last 90 days

Other Information on Investing in Manulife Preferred Stock

Manulife Financial 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 Financial security.