Manulife Finl Preferred Stock Forecast - Accumulation Distribution
MFC-PC Preferred Stock | CAD 19.30 0.15 0.78% |
Manulife Preferred Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Manulife Finl stock prices and determine the direction of Manulife Finl Srs's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Manulife Finl's historical fundamentals, such as revenue growth or operating cash flow patterns.
Manulife |
Previous Accumulation Distribution | Accumulation Distribution | Trend |
54.39 | 23.85 |
Check Manulife Finl Volatility | Backtest Manulife Finl | Trend Details |
Manulife Finl Trading Date Momentum
On November 22 2024 Manulife Finl Srs was traded for 19.30 at the closing time. The highest price during the trading period was 19.30 and the lowest recorded bid was listed for 19.00 . The volume for the day was 6.9 K. This history from November 22, 2024 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 0.78% . The trading delta at closing time to the current price is 0.78% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
Compare Manulife Finl to competition |
Other Forecasting Options for Manulife Finl
For every potential investor in Manulife, whether a beginner or expert, Manulife Finl's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Manulife Preferred Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Manulife. Basic forecasting techniques help filter out the noise by identifying Manulife Finl's price trends.Manulife Finl Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Manulife Finl preferred stock to make a market-neutral strategy. Peer analysis of Manulife Finl could also be used in its relative valuation, which is a method of valuing Manulife Finl by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Manulife Finl Srs Technical and Predictive Analytics
The preferred stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Manulife Finl's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Manulife Finl's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Manulife Finl Market Strength Events
Market strength indicators help investors to evaluate how Manulife Finl preferred stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Manulife Finl shares will generate the highest return on investment. By undertsting and applying Manulife Finl preferred stock market strength indicators, traders can identify Manulife Finl Srs entry and exit signals to maximize returns.
Manulife Finl Risk Indicators
The analysis of Manulife Finl's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Manulife Finl's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting manulife preferred stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Mean Deviation | 0.42 | |||
Standard Deviation | 0.5805 | |||
Variance | 0.337 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Pair Trading with Manulife Finl
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 Finl 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 Finl will appreciate offsetting losses from the drop in the long position's value.Moving together with Manulife Preferred Stock
Moving against Manulife Preferred Stock
0.81 | WMT | Walmart Inc CDR | PairCorr |
0.8 | JPM | JPMorgan Chase | PairCorr |
0.74 | BN | Brookfield | PairCorr |
0.71 | AMZN | Amazon CDR | PairCorr |
0.53 | COST | Costco Wholesale Corp | PairCorr |
The ability to find closely correlated positions to Manulife Finl 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 Finl 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 Finl - 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 Finl Srs to buy it.
The correlation of Manulife Finl 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 Finl moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Manulife Finl Srs 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 Finl 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 Finl 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 Finl security.