Manulife Financial's market value is the price at which a share of Manulife Financial trades on a public exchange. It measures the collective expectations of Manulife Financial Corp investors about its performance. Manulife Financial is selling for under 42.93 as of the 11th of January 2025; that is 2.74% down since the beginning of the trading day. The stock's lowest day price was 42.7. With this module, you can estimate the performance of a buy and hold strategy of Manulife Financial Corp and determine expected loss or profit from investing in Manulife Financial over a given investment horizon. Check out Manulife Financial Correlation, Manulife Financial Volatility and Manulife Financial Alpha and Beta module to complement your research on Manulife Financial.
Please note, there is a significant difference between Manulife Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Manulife Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Manulife Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Manulife Financial 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Manulife Financial's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Manulife Financial.
0.00
12/12/2024
No Change 0.00
0.0
In 30 days
01/11/2025
0.00
If you would invest 0.00 in Manulife Financial on December 12, 2024 and sell it all today you would earn a total of 0.00 from holding Manulife Financial Corp or generate 0.0% return on investment in Manulife Financial over 30 days. Manulife Financial is related to or competes with Walmart, BYD, Volkswagen, Volkswagen, Deutsche Post, Compass Group, and United Parcel. Manulife Financial is entity of United Kingdom More
Manulife Financial Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Manulife Financial's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Manulife Financial Corp upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Manulife Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Manulife Financial's standard deviation. In reality, there are many statistical measures that can use Manulife Financial historical prices to predict the future Manulife Financial's volatility.
Currently, Manulife Financial Corp is very steady. Manulife Financial Corp has Sharpe Ratio of 0.0733, which conveys that the firm had a 0.0733% 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 Mean Deviation of 1.41, downside deviation of 1.47, and Risk Adjusted Performance of 0.2286 to check out if the risk estimate we provide is consistent with the expected return of 0.15%. Manulife Financial has a performance score of 5 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.26, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Manulife Financial's returns are expected to increase less than the market. However, during the bear market, the loss of holding Manulife Financial is expected to be smaller as well. Manulife Financial Corp right now secures a risk of 2.0%. Please verify Manulife Financial Corp coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to decide if Manulife Financial Corp will be following its current price movements.
Auto-correlation
-0.96
Near perfect reversele predictability
Manulife Financial Corp has near perfect reversele predictability. Overlapping area represents the amount of predictability between Manulife Financial time series from 12th of December 2024 to 27th of December 2024 and 27th of December 2024 to 11th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Manulife Financial Corp price movement. The serial correlation of -0.96 indicates that 96.0% of current Manulife Financial price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.96
Spearman Rank Test
-1.0
Residual Average
0.0
Price Variance
0.08
Manulife Financial Corp lagged returns against current returns
Autocorrelation, which is Manulife Financial stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Manulife Financial's stock expected returns. We can calculate the autocorrelation of Manulife Financial returns to help us make a trade decision. For example, suppose you find that Manulife Financial has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values
Timeline
Manulife Financial regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Manulife Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Manulife Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Manulife Financial stock over time.
Current vs Lagged Prices
Timeline
Manulife Financial Lagged Returns
When evaluating Manulife Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Manulife Financial stock have on its future price. Manulife Financial autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Manulife Financial autocorrelation shows the relationship between Manulife Financial stock current value and its past values and can show if there is a momentum factor associated with investing in Manulife Financial Corp.
Regressed Prices
Timeline
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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.