Manulife Financial Corp Stock Price on June 19, 2023

MFC Stock  CAD 44.70  0.67  1.48%   
Below is the normalized historical share price chart for Manulife Financial Corp extending back to September 24, 1999. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Manulife Financial stands at 44.70, as last reported on the 26th of November, with the highest price reaching 45.64 and the lowest price hitting 44.64 during the day.
200 Day MA
36.2839
50 Day MA
41.787
Beta
1.06
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Manulife Stock, it is important to understand the factors that can impact its price. Manulife Financial appears to be very steady, given 3 months investment horizon. Manulife Financial Corp has Sharpe Ratio of 0.29, which conveys that the firm had a 0.29% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Manulife Financial, which you can use to evaluate the volatility of the firm. Please exercise Manulife Financial's Downside Deviation of 0.8322, risk adjusted performance of 0.2457, and Mean Deviation of 0.7902 to check out if our risk estimates are consistent with your expectations.
  
As of the 26th of November 2024, Capital Stock is likely to grow to about 30.6 B, while Total Stockholder Equity is likely to drop about 32.6 B. . At this time, Manulife Financial's Price Sales Ratio is very stable compared to the past year. As of the 26th of November 2024, Price Fair Value is likely to grow to 2.16, while Price Earnings Ratio is likely to drop 9.34. Manulife Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2927

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Estimated Market Risk

 1.11
  actual daily
9
91% of assets are more volatile

Expected Return

 0.32
  actual daily
6
94% of assets have higher returns

Risk-Adjusted Return

 0.29
  actual daily
23
77% of assets perform better
Based on monthly moving average Manulife Financial is performing at about 23% 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.
Price Book
1.8307
Price Sales
2.6033
Shares Float
1.7 B
Dividend Share
1.565
Wall Street Target Price
46.5714

Manulife Financial Main Headline on 19th of June 2023

Manulife Financial Corp dividend paid on 19th of June 2023

Manulife Financial Valuation on June 19, 2023

It is possible to determine the worth of Manulife Financial on a given historical date. On June 19, 2023 Manulife was worth 23.75 at the beginning of the trading date compared to the closed value of 23.79. 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
  24.07    24.21    23.73    23.75    12,718,400  
06/19/2023
  23.75    23.89    23.65    23.79    3,125,500  
  23.67    23.75    23.38    23.50    4,608,800  
Backtest Manulife Financial  |  Manulife Financial History  |  Manulife Financial Valuation   PreviousNext  
Open Value
23.75
23.79
Closing Value
27.08
Upside

Manulife Financial Trading Date Momentum on June 19, 2023

On June 20 2023 Manulife Financial Corp was traded for  23.50  at the closing time. The maximum traded price for the trading interval was 23.75  and the lowest daily price was  23.38 . The daily volume was recorded at 4.6 M. The volume of trading on 20th of June 2023 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 1.22% . The trading delta at closing time to the closing price today is 1.43% .

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
Last ReportedProjected for Next Year
Common Stock Shares Outstanding1.8 B1.8 B
Net Income Applicable To Common Shares8.1 B4.7 B

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.
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 26, 2024
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High

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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 26, 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.
When determining whether Manulife Financial Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Manulife Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Manulife Financial Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Manulife Financial Corp Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Manulife Financial Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
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.