Manulife Financial (Philippines) Price on August 9, 2023
MFC Stock | 1,990 40.00 2.05% |
If you're considering investing in Manulife Stock, it is important to understand the factors that can impact its price. As of today, the current price of Manulife Financial stands at 1,990, as last reported on the 30th of November, with the highest price reaching 1,990 and the lowest price hitting 1,990 during the day. Manulife Financial is very steady given 3 months investment horizon. Manulife Financial Corp has Sharpe Ratio of 0.21, which conveys that the firm had a 0.21% return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.01% are justified by taking the suggested risk. Use Manulife Financial Corp Risk Adjusted Performance of 0.0826, mean deviation of 4.34, and Downside Deviation of 7.07 to evaluate company specific risk that cannot be diversified away.
Manulife Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Manulife |
Sharpe Ratio = 0.2079
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Estimated Market Risk
4.85 actual daily | 43 57% of assets are more volatile |
Expected Return
1.01 actual daily | 20 80% of assets have higher returns |
Risk-Adjusted Return
0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Manulife Financial is performing at about 16% of its full potential. 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 it to a well-diversified portfolio.
Manulife Financial Valuation on August 9, 2023
It is possible to determine the worth of Manulife Financial on a given historical date. On August 9, 2023 Manulife was worth 989.29 at the beginning of the trading date compared to the closed value of 989.29. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Manulife Financial 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 | |
881.94 | 882.86 | 881.94 | 882.86 | 220.00 | |
08/09/2023 | 989.29 | 989.29 | 989.29 | 989.29 | 10.00 |
888.42 | 988.36 | 888.42 | 988.36 | 65.00 |
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Manulife Financial Trading Date Momentum on August 9, 2023
On August 10 2023 Manulife Financial Corp was traded for 988.36 at the closing time. The highest price during the trading period was 988.36 and the lowest recorded bid was listed for 888.42 . The volume for the day was 65.0. This history from August 10, 2023 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.09% . The trading delta at closing time to the current price is 6.74% . |
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 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 Stock Technical Analysis
Manulife Financial technical 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, stock market cycles, or different charting patterns.
Price Boundaries
Manulife Financial Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Manulife Financial Corp cannot be verified against its exchange. Please verify the symbol is currently traded on Philippine Stock 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 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 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 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.
Risk Adjusted Performance | 0.0826 | |||
Jensen Alpha | 0.454 | |||
Total Risk Alpha | (0.48) | |||
Sortino Ratio | 0.0718 | |||
Treynor Ratio | 0.4472 |
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Volume Indicators |
Complementary Tools for Manulife 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.
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