Manulife Fundamental Equity Fund Buy Hold or Sell Recommendation
| MFUN Fund | 10.72 0.02 0.19% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Manulife Fundamental Equity is 'Cautious Hold'. The recommendation algorithm takes into account all of Manulife Fundamental's available fundamental, technical, and predictive indicators you will find on this site.
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any fund could be closely tied with the direction of predictive economic indicators such as signals in employment. Note, we conduct extensive research on individual funds such as Manulife and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Manulife Fundamental Equity. Also, note that the market value of any fund could be closely tied with the direction of predictive economic indicators such as signals in employment.
Manulife |
Execute Manulife Fundamental Buy or Sell Advice
The Manulife recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Manulife Fundamental Equity. Macroaxis does not own or have any residual interests in Manulife Fundamental Equity or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Manulife Fundamental's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Economic Sensitivity | Barely shadows the market | Details |
Manulife Fundamental thematic classifications
 | Consumer FundsFunds investing in consumer services companies |
Manulife Fundamental Returns Distribution Density
The distribution of Manulife Fundamental's historical returns is an attempt to chart the uncertainty of Manulife Fundamental's future price movements. The chart of the probability distribution of Manulife Fundamental daily returns describes the distribution of returns around its average expected value. We use Manulife Fundamental Equity price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Manulife Fundamental returns is essential to provide solid investment advice for Manulife Fundamental.
| Mean Return | 0.01 | Value At Risk | -1.03 | Potential Upside | 0.93 | Standard Deviation | 0.63 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Manulife Fundamental historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Manulife Fundamental Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Manulife Fundamental or Consumer Funds sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Manulife Fundamental's price will be affected by overall fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Manulife fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.01 | |
β | Beta against Dow Jones | 0.20 | |
σ | Overall volatility | 0.64 | |
Ir | Information ratio | -0.13 |
Manulife Fundamental Volatility Alert
Manulife Fundamental Equity exhibits relatively low volatility with skewness of -0.53 and kurtosis of 1.91. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Manulife Fundamental's fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Manulife Fundamental's fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Manulife Fundamental Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Manulife . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 10.72 | |||
| Day Typical Price | 10.72 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.02) |
| Symbol | MFUN |
| Name | Manulife Fundamental Equity |
| Type | Fund |
| Country | Canada |
| Exchange | TO |
Analyst Recommendation is not found for Manulife Fundamental Equity at this timeWe are unable to locate Manulife Fundamental Equity analyst recommendation at this time. If you believe the equity you are trying to look up is valid, please let us know, and we will check it out.Try Macroaxis Advice
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