Manulife Financial (Germany) Price on July 1, 2024
MLU Stock | EUR 29.51 0.08 0.27% |
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 29.51, as last reported on the 5th of January, with the highest price reaching 29.51 and the lowest price hitting 29.45 during the day. At this point, Manulife Financial is very steady. Manulife Financial has Sharpe Ratio of 0.13, which conveys that the firm had a 0.13% 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 verify Manulife Financial's Risk Adjusted Performance of 0.131, mean deviation of 0.9083, and Downside Deviation of 1.16 to check out if the risk estimate we provide is consistent with the expected return of 0.16%.
Manulife Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Manulife |
Sharpe Ratio = 0.1257
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | MLU | |||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns |
Estimated Market Risk
1.29 actual daily | 11 89% of assets are more volatile |
Expected Return
0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Manulife Financial is performing at about 9% 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 July 1, 2024
It is possible to determine the worth of Manulife Financial on a given historical date. On July 1, 2024 Manulife was worth 23.81 at the beginning of the trading date compared to the closed value of 23.69. 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 | |
23.91 | 23.91 | 23.90 | 23.90 | 1.00 | |
07/01/2024 | 23.81 | 23.82 | 23.69 | 23.69 | 1.00 |
23.51 | 23.51 | 23.49 | 23.51 | 1.00 |
Backtest Manulife Financial | | | Manulife Financial History | | | Manulife Financial Valuation | Previous | Next |
Manulife Financial Trading Date Momentum on July 1, 2024
On July 02 2024 Manulife Financial was traded for 23.51 at the closing time. The highest daily price throughout the period was 23.51 and the lowest price was 23.49 . There was no trading activity during the period 1.0. Lack of trading volume on 07/02/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.76% . The trading delta at closing time to current closing price is 1.65% . |
Manulife Financial 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 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 Germany and is traded on Frankfurt Stock Exchange. It employs 34000 people.
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 | January 5, 2025
| High |
0.00 | 0.00 |
Manulife Financial cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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 January 5, 2025 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 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 | 0.131 | |||
Jensen Alpha | 0.1892 | |||
Total Risk Alpha | 0.1706 | |||
Sortino Ratio | 0.1529 | |||
Treynor Ratio | 2.97 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
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.
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk |