Manulife Multifactor Mid Etf Price on November 19, 2024
MUMC-B Etf | CAD 55.27 0.10 0.18% |
Below is the normalized historical share price chart for Manulife Multifactor Mid extending back to April 18, 2017. 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 Multifactor stands at 55.27, as last reported on the 29th of November, with the highest price reaching 55.27 and the lowest price hitting 55.24 during the day.
If you're considering investing in Manulife Etf, it is important to understand the factors that can impact its price. Manulife Multifactor appears to be very steady, given 3 months investment horizon. Manulife Multifactor Mid has Sharpe Ratio of 0.27, which conveys that the entity had a 0.27% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Manulife Multifactor, which you can use to evaluate the volatility of the etf. Please exercise Manulife Multifactor's Coefficient Of Variation of 399.93, mean deviation of 0.6347, and Risk Adjusted Performance of 0.1927 to check out if our risk estimates are consistent with your expectations.
Manulife Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 47.6835 | 50 Day MA 51.3328 | Beta 0.99 |
Manulife |
Sharpe Ratio = 0.2741
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Estimated Market Risk
0.87 actual daily | 7 93% of assets are more volatile |
Expected Return
0.24 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
0.27 actual daily | 21 79% of assets perform better |
Based on monthly moving average Manulife Multifactor is performing at about 21% 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 Multifactor by adding it to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
Manulife Multifactor Valuation on November 19, 2024
It is possible to determine the worth of Manulife Multifactor on a given historical date. On November 19, 2024 Manulife was worth 51.96 at the beginning of the trading date compared to the closed value of 52.69. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Manulife Multifactor etf. Still, in general, we apply an absolute valuation method to find Manulife Multifactor'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 Multifactor where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Manulife Multifactor's related companies.
Open | High | Low | Close | Volume | |
52.95 | 52.95 | 52.86 | 52.86 | 200.00 | |
11/19/2024 | 51.96 | 52.81 | 51.96 | 52.69 | 2,075 |
52.69 | 52.69 | 52.69 | 52.69 | 1.00 |
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Manulife Multifactor Trading Date Momentum on November 19, 2024
On November 20 2024 Manulife Multifactor Mid was traded for 52.69 at the closing time. The highest price during the trading period was 52.69 and the lowest recorded bid was listed for 52.69 . There was no trading activity during the period 1.0. Lack of trading volume on November 20, 2024 did not cause price change. The trading delta at closing time to the current price is 4.84% . |
Manulife Multifactor Mid Fundamentals Correlations and Trends
By evaluating Manulife Multifactor'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 Multifactor'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 Multifactor Etf history
Manulife Multifactor 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 Multifactor Mid 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 Multifactor stock prices may prove useful in developing a viable investing in Manulife Multifactor
Manulife Multifactor Etf Technical Analysis
Manulife Multifactor technical etf 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, etf market cycles, or different charting patterns.
Price Boundaries
Manulife Multifactor Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Manulife Multifactor Mid 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 Multifactor November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Manulife Multifactor etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Manulife Multifactor shares will generate the highest return on investment. By undertsting and applying Manulife Multifactor etf market strength indicators, traders can identify Manulife Multifactor Mid entry and exit signals to maximize returns
Manulife Multifactor Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Manulife Multifactor's price direction in advance. Along with the technical and fundamental analysis of Manulife Etf 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 | 0.1927 | |||
Jensen Alpha | 0.1537 | |||
Total Risk Alpha | 0.0759 | |||
Sortino Ratio | 0.184 | |||
Treynor Ratio | 0.4552 |
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Other Information on Investing in Manulife Etf
Manulife Multifactor financial ratios help investors to determine whether Manulife Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Manulife with respect to the benefits of owning Manulife Multifactor security.