Manulife Financial Corp Preferred Stock Price on August 31, 2023

MFC-PF Preferred Stock  CAD 16.60  0.04  0.24%   
If you're considering investing in Manulife Preferred Stock, it is important to understand the factors that can impact its price. As of today, the current price of Manulife Financial stands at 16.60, as last reported on the 30th of November, with the highest price reaching 16.70 and the lowest price hitting 16.34 during the day. Manulife Financial Corp has Sharpe Ratio of -0.0204, which conveys that the firm had a -0.0204% return per unit of risk over the last 3 months. Manulife Financial exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Manulife Financial's Mean Deviation of 0.4297, risk adjusted performance of 0.0066, and Downside Deviation of 0.6845 to check out the risk estimate we provide.
  
Manulife Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0204

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsMFC-PF

Estimated Market Risk

 0.61
  actual daily
5
95% of assets are more volatile

Expected Return

 -0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Manulife Financial is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Manulife Financial by adding Manulife Financial to a well-diversified portfolio.

Manulife Financial Valuation on August 31, 2023

It is possible to determine the worth of Manulife Financial on a given historical date. On August 31, 2023 Manulife was worth 12.0 at the beginning of the trading date compared to the closed value of 11.96. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Manulife Financial preferred stock. Still, in general, we apply an absolute valuation method to find Manulife Financial's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Manulife Financial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Manulife Financial's related companies.
 Open High Low Close Volume
  12.08    12.08    12.08    12.08    1,300  
08/31/2023
  12.00    12.00    11.96    11.96    700.00  
  11.95    11.99    11.87    11.99    600.00  
Backtest Manulife Financial  |  Manulife Financial History  |  Manulife Financial Valuation   PreviousNext  
Open Value
12.0
11.96
Closing Value
13.83
Upside

Manulife Financial Trading Date Momentum on August 31, 2023

On September 01 2023 Manulife Financial Corp was traded for  11.99  at the closing time. The highest price during the trading period was 11.99  and the lowest recorded bid was listed for  11.87 . The volume for the day was 600. This history from September 1, 2023 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 0.25% . The trading delta at closing time to the current price is 0.25% .

Manulife Financial Corp Fundamentals Correlations and Trends

By evaluating Manulife Financial's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Manulife Financial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Manulife financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Manulife Financial Preferred Stock history

Manulife Financial investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Manulife is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Manulife Financial Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Manulife Financial stock prices may prove useful in developing a viable investing in Manulife Financial
Manulife Financial Corporation, together with its subsidiaries, provides financial advice, insurance, and wealth and asset management solutions for individuals, groups, and institutions in Asia, Canada, and the United States. Manulife Financial Corporation was founded in 1887 and is headquartered in Toronto, Canada. MANULIFE FINANCIAL operates under Insurance - Life classification in Canada and is traded on Toronto Stock Exchange. It employs 34000 people.

Manulife Financial Preferred Stock Technical Analysis

Manulife Financial technical preferred stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, preferred stock market cycles, or different charting patterns.
A focus of Manulife Financial technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Manulife Financial trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Manulife Financial Period Price Range

Low
November 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Manulife Financial Corp cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Manulife Financial November 30, 2024 Market Strength

Market strength indicators help investors to evaluate how Manulife Financial 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 Financial shares will generate the highest return on investment. By undertsting and applying Manulife Financial preferred stock market strength indicators, traders can identify Manulife Financial Corp entry and exit signals to maximize returns

Manulife Financial Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Manulife Financial's price direction in advance. Along with the technical and fundamental analysis of Manulife Preferred Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Manulife to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Manulife Preferred Stock analysis

When running Manulife Financial's price analysis, check to measure Manulife Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Manulife Financial is operating at the current time. Most of Manulife Financial's value examination focuses on studying past and present price action to predict the probability of Manulife Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Manulife Financial's price. Additionally, you may evaluate how the addition of Manulife Financial to your portfolios can decrease your overall portfolio volatility.
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Transaction History
View history of all your transactions and understand their impact on performance
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation