Manulife Financial Corp Stock Probability of Future Stock Price Finishing Over 27.38
| MFC Stock | CAD 45.07 0.20 0.45% |
Manulife |
Manulife Financial Target Price Odds to finish over 27.38
The tendency of Manulife 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 Price | Horizon | Target Price | Odds to stay above C$ 27.38 in 90 days |
| 45.07 | 90 days | 27.38 | close to 99 |
Based on a normal probability distribution, the odds of Manulife Financial to stay above C$ 27.38 in 90 days from now is close to 99 (This Manulife Financial Corp probability density function shows the probability of Manulife Stock to fall within a particular range of prices over 90 days) . Probability of Manulife Financial Corp price to stay between C$ 27.38 and its current price of C$45.07 at the end of the 90-day period is about 92.03 .
Assuming the 90 days trading horizon Manulife Financial has a beta of 0.62. 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 an alpha of 0.2334, implying that it can generate a 0.23 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Manulife Financial Price Density |
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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 stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the 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.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 | 0.23 | |
β | Beta against Dow Jones | 0.62 | |
σ | Overall volatility | 2.87 | |
Ir | Information ratio | 0.17 |
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.| About 59.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Manulife Stock Rallies 48 percent YTD Time to Buy for Better Return - MSN |
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 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 Outstanding | 1.8 B | |
| Cash And Short Term Investments | 20.3 B |
Manulife Financial Technical Analysis
Manulife Financial's future price can be derived by breaking down and analyzing its technical indicators over time. Manulife 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 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 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 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.
| About 59.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Manulife Stock Rallies 48 percent YTD Time to Buy for Better Return - MSN |
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. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.