Manulife Dividends Paid vs Issuance Of Capital Stock Analysis
MFC Stock | CAD 45.07 0.20 0.45% |
Manulife Financial financial indicator trend analysis is infinitely more than just investigating Manulife Financial Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Manulife Financial Corp is a good investment. Please check the relationship between Manulife Financial Dividends Paid and its Issuance Of Capital Stock accounts. 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.
Dividends Paid vs Issuance Of Capital Stock
Dividends Paid vs Issuance Of Capital Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Manulife Financial Corp Dividends Paid account and Issuance Of Capital Stock. At this time, the significance of the direction appears to have very week relationship.
The correlation between Manulife Financial's Dividends Paid and Issuance Of Capital Stock is 0.25. Overlapping area represents the amount of variation of Dividends Paid that can explain the historical movement of Issuance Of Capital Stock in the same time period over historical financial statements of Manulife Financial Corp, assuming nothing else is changed. The correlation between historical values of Manulife Financial's Dividends Paid and Issuance Of Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividends Paid of Manulife Financial Corp are associated (or correlated) with its Issuance Of Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Issuance Of Capital Stock has no effect on the direction of Dividends Paid i.e., Manulife Financial's Dividends Paid and Issuance Of Capital Stock go up and down completely randomly.
Correlation Coefficient | 0.25 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.Issuance Of Capital Stock
Most indicators from Manulife Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Manulife Financial Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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. At this time, Manulife Financial's Selling General Administrative is very stable compared to the past year. As of the 29th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.12, while Tax Provision is likely to drop about 836.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 59.8B | 15.3B | 50.3B | 39.7B | Interest Expense | 1.0B | 1.4B | 1.6B | 992.4M |
Manulife Financial fundamental ratios Correlations
Click cells to compare fundamentals
Manulife Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Manulife Financial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 809.1B | 880.3B | 917.6B | 848.9B | 875.6B | 467.4B | |
Short Long Term Debt Total | 12.7B | 14.0B | 11.9B | 12.4B | 12.7B | 8.0B | |
Total Stockholder Equity | 48.9B | 51.6B | 57.2B | 54.7B | 47.3B | 32.6B | |
Property Plant And Equipment Net | 381M | 1.9B | 1.8B | 1.9B | 674.3B | 708.0B | |
Net Debt | (8.6B) | (12.2B) | (10.7B) | (6.8B) | (1.4B) | (1.5B) | |
Non Currrent Assets Other | (230.9B) | (6.7B) | (7.1B) | (8.6B) | 686.7B | 721.1B | |
Other Assets | 556.5B | 600.4B | 631.6B | 590.4B | 679.0B | 712.9B | |
Common Stock Shares Outstanding | 2.0B | 1.9B | 1.9B | 1.9B | 1.8B | 2.1B | |
Liabilities And Stockholders Equity | 809.1B | 880.3B | 917.6B | 848.9B | 875.6B | 467.3B | |
Non Current Liabilities Total | 13.6B | 16.6B | 14.6B | 792.6B | 826.1B | 867.4B | |
Other Stockholder Equity | 22M | (523M) | 23.8B | 1.2B | 479M | 455.1M | |
Total Liab | 13.6B | 16.6B | 14.6B | 792.6B | 826.8B | 868.2B | |
Retained Earnings | 15.5B | 18.9B | 23.5B | 27.0B | 4.8B | 4.6B | |
Total Current Liabilities | 649M | 16.4B | 17.7B | 355.0B | 741M | 704.0M | |
Cash | 20.3B | 26.2B | 22.6B | 19.2B | 14.2B | 15.7B | |
Non Current Assets Total | 230.9B | 252.4B | 262.1B | 237.9B | 809.8B | 850.3B | |
Cash And Short Term Investments | 20.3B | 26.2B | 22.6B | 19.2B | 20.3B | 17.0B | |
Common Stock Total Equity | 23.0B | 23.0B | 23.1B | 23.0B | 26.5B | 18.1B | |
Short Term Investments | 156.7B | 170.2B | 169.8B | 176.0B | 6.2B | 5.9B | |
Total Current Assets | 21.7B | 27.6B | 23.9B | 20.6B | 65.8B | 69.1B | |
Short Term Debt | 400M | 0.0 | 649M | 615M | 594M | 564.3M | |
Common Stock | 23.1B | 23.0B | 23.1B | 22.2B | 21.5B | 18.9B | |
Good Will | 5.7B | 5.7B | 5.7B | 6.0B | 5.9B | 5.8B | |
Other Current Liab | 16.9B | 4.8B | 5.3B | 340.6B | 367.5B | 385.9B | |
Intangible Assets | 4.2B | 4.2B | 4.3B | 4.5B | 4.4B | 3.6B | |
Accumulated Other Comprehensive Income | 6.4B | 6.3B | 5.2B | (25M) | 13.8B | 14.5B | |
Net Receivables | 1.4B | 1.4B | 1.3B | 1.4B | 1.7B | 1.2B | |
Other Liab | 739.0B | 783.6B | 822.7B | 750.7B | 863.3B | 740.1B | |
Net Tangible Assets | 35.1B | 37.8B | 44.1B | 41.7B | 48.0B | 35.4B | |
Long Term Debt | 11.7B | 14.0B | 11.9B | 12.4B | 12.1B | 10.5B | |
Other Current Assets | 47.7B | 31.1B | 27.2B | 68.3B | 23.2B | 37.4B | |
Long Term Investments | 221.0B | 242.4B | 252.2B | 227.4B | 237.7B | 234.3B | |
Property Plant Equipment | 1.9B | 1.9B | 1.8B | 1.9B | 2.2B | 1.8B | |
Accounts Payable | 10.8B | 11.5B | 12.1B | 13.6B | 15.7B | 11.9B | |
Long Term Debt Total | 12.1B | 14.0B | 11.9B | 12.4B | 14.2B | 13.7B | |
Capital Surpluse | 254M | 261M | 262M | 238M | 214.2M | 211.8M | |
Inventory | (24.7B) | (31.1B) | (27.2B) | (22.5B) | (20.2B) | (21.2B) |
Pair Trading with Manulife Financial
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Manulife Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Manulife Financial will appreciate offsetting losses from the drop in the long position's value.Moving against Manulife Stock
The ability to find closely correlated positions to Manulife Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Manulife Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Manulife Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Manulife Financial Corp to buy it.
The correlation of Manulife Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Manulife Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Manulife Financial Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Manulife Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.