Manulife Smart International Etf Performance
| IDEF-B Etf | 12.05 0.00 0.00% |
The etf secures a Beta (Market Risk) of 0.0095, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Manulife Smart's returns are expected to increase less than the market. However, during the bear market, the loss of holding Manulife Smart is expected to be smaller as well.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Manulife Smart International has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong technical and fundamental indicators, Manulife Smart is not utilizing all of its potentials. The recent stock price disturbance, may contribute to short-term losses for the investors. ...more
Manulife |
Manulife Smart Relative Risk vs. Return Landscape
If you would invest 1,226 in Manulife Smart International on August 28, 2024 and sell it today you would lose (21.00) from holding Manulife Smart International or give up 1.71% of portfolio value over 90 days. Manulife Smart International is generating negative expected returns and assumes 0.2505% volatility on return distribution over the 90 days horizon. Simply put, 2% of etfs are less volatile than Manulife, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Manulife Smart Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Manulife Smart's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Manulife Smart International, and traders can use it to determine the average amount a Manulife Smart's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.11
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | IDEF-B |
Estimated Market Risk
| 0.25 actual daily | 2 98% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Manulife Smart is not performing at its full potential. However, 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 Smart by adding Manulife Smart to a well-diversified portfolio.
About Manulife Smart Performance
By analyzing Manulife Smart's fundamental ratios, stakeholders can gain valuable insights into Manulife Smart's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Manulife Smart has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Manulife Smart has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Manulife Smart is entity of Canada. It is traded as Etf on TO exchange.| Manulife Smart Inter generated a negative expected return over the last 90 days |
Other Information on Investing in Manulife Etf
Manulife Smart 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 Smart security.