Manulife Financial Corp Stock Price on October 8, 2024
| MFC Stock | CAD 45.07 0.20 0.45% |
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 45.07, as last reported on the 29th of November, with the highest price reaching 45.14 and the lowest price hitting 44.73 during the day.
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 Mean Deviation of 0.7483, downside deviation of 0.8332, and Risk Adjusted Performance of 0.2249 to check out if our risk estimates are consistent with your expectations.
At this time, Manulife Financial's Common Stock Shares Outstanding is very stable compared to the past year. As of the 29th 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 29th 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.
200 Day MA 36.5731 | 50 Day MA 42.2986 | Beta 1.06 |
Manulife |
Sharpe Ratio = 0.2876
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Estimated Market Risk
| 1.12 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 | 22 78% of assets perform better |
Based on monthly moving average Manulife Financial is performing at about 22% 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 1.8105 | Price Sales 2.6132 | Shares Float 1.7 B | Dividend Share 1.565 | Wall Street Target Price 46.5714 |
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Manulife Financial Valuation on October 8, 2024
It is possible to determine the worth of Manulife Financial on a given historical date. On October 8, 2024 Manulife was worth 40.39 at the beginning of the trading date compared to the closed value of 40.47. 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 | |
| 40.75 | 40.86 | 40.27 | 40.49 | 3,022,500 | |
10/08/2024 | 40.39 | 40.69 | 40.22 | 40.47 | 2,736,700 |
| 40.33 | 40.80 | 40.33 | 40.60 | 2,425,900 |
| Backtest Manulife Financial | | | Manulife Financial History | | | Manulife Financial Valuation | Previous | Next |
Manulife Financial Trading Date Momentum on October 8, 2024
| On October 09 2024 Manulife Financial Corp was traded for 40.60 at the closing time. The maximum traded price for the trading interval was 40.80 and the lowest daily price was 40.33 . The daily volume was recorded at 2.4 M. The volume of trading on 9th of October 2024 played a part in the next trading day price boost. The trading delta at closing time to the next closing price was 0.32% . The trading delta at closing time to the closing price today is 3.61% . |
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 Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.8 B | 2.1 B | |
| Net Income Applicable To Common Shares | 8.1 B | 4.7 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.
Price Boundaries
Manulife Financial Period Price Range
Low | November 29, 2024
| 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 29, 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 | 0.2249 | |||
| Jensen Alpha | 0.2328 | |||
| Total Risk Alpha | 0.141 | |||
| Sortino Ratio | 0.227 | |||
| Treynor Ratio | 0.4902 |
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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 Equity Valuation module to check real value of public entities based on technical and fundamental data.