Manulife Financial Corp Stock Probability of Future Stock Price Finishing Under 31.41
| MFC Stock | USD 32.13 0.24 0.75% |
Manulife |
Manulife Financial Target Price Odds to finish below 31.41
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 drop to $ 31.41 or more in 90 days |
| 32.13 | 90 days | 31.41 | about 81.71 |
Based on a normal probability distribution, the odds of Manulife Financial to drop to $ 31.41 or more in 90 days from now is about 81.71 (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 $ 31.41 and its current price of $32.13 at the end of the 90-day period is about 9.14 .
Considering the 90-day investment horizon Manulife Financial has a beta of 0.9. This indicates Manulife Financial Corp market returns are highly-sensitive to returns on the market. As the market goes up or down, Manulife Financial is expected to follow. Additionally Manulife Financial Corp has an alpha of 0.1224, implying that it can generate a 0.12 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). 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 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 | 0.12 | |
β | Beta against Dow Jones | 0.90 | |
σ | Overall volatility | 1.67 | |
Ir | Information ratio | 0.1 |
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 has a strong financial position based on the latest SEC filings | |
| About 59.0% of the company shares are owned by institutional investors | |
| Latest headline from simplywall.st: Manulife Holdings Berhad Third Quarter 2024 Earnings EPS RM0.15 |
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.
| Manulife Financial has a strong financial position based on the latest SEC filings | |
| About 59.0% of the company shares are owned by institutional investors | |
| Latest headline from simplywall.st: Manulife Holdings Berhad Third Quarter 2024 Earnings EPS RM0.15 |
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 Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Life & Health Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Manulife Financial. If investors know Manulife will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Manulife Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.923 | Dividend Share 1.565 | Earnings Share 2.01 | Revenue Per Share 16.758 | Quarterly Revenue Growth 0.195 |
The market value of Manulife Financial Corp is measured differently than its book value, which is the value of Manulife that is recorded on the company's balance sheet. Investors also form their own opinion of Manulife Financial's value that differs from its market value or its book value, called intrinsic value, which is Manulife Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Manulife Financial's market value can be influenced by many factors that don't directly affect Manulife Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Manulife Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Manulife Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Manulife Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.