Manulife Financial Stock Market Value
| MNLCF Stock | USD 14.00 0.23 1.67% |
| Symbol | Manulife |
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 pink sheet 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.
| 01/31/2024 |
| 11/26/2024 |
If you would invest 0.00 in Manulife Financial on January 31, 2024 and sell it all today you would earn a total of 0.00 from holding Manulife Financial or generate 0.0% return on investment in Manulife Financial over 300 days. Manulife Financial is related to or competes with CNO Financial, Genworth Financial, MetLife Preferred, Prudential Public, Prudential Financial, and MetLife. Manulife Financial Corporation, together with its subsidiaries, provides financial advice, insurance, and wealth and ass... 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 pink sheet 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 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.50) | |||
| Maximum Drawdown | 1.67 |
Manulife Financial Market Risk Indicators
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.| Risk Adjusted Performance | 0.0669 | |||
| Jensen Alpha | 0.0104 | |||
| Total Risk Alpha | (0.02) | |||
| Treynor Ratio | 0.3715 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Manulife Financial's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Manulife Financial Backtested Returns
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 nineteen 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 0.0669, mean deviation of 0.0498, and Standard Deviation of 0.2056 to check out if the risk estimate we provide is consistent with the expected return of 0.0265%. Manulife Financial has a performance score of 9 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.0412, 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 right now secures a risk of 0.21%. Please verify Manulife Financial skewness, as well as the relationship between the rate of daily change and price action indicator , to decide if Manulife Financial will be following its current price movements.
Auto-correlation | 0.61 |
Good predictability
Manulife Financial has good predictability. Overlapping area represents the amount of predictability between Manulife Financial time series from 31st of January 2024 to 29th of June 2024 and 29th of June 2024 to 26th of November 2024. 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 price movement. The serial correlation of 0.61 indicates that roughly 61.0% of current Manulife Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.61 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Manulife Financial lagged returns against current returns
Autocorrelation, which is Manulife Financial pink sheet'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 pink sheet 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 pink sheet 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 pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Manulife Financial pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Manulife Financial pink sheet 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 pink sheet 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 pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Manulife Financial.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Manulife Pink Sheet
Manulife Financial financial ratios help investors to determine whether Manulife Pink Sheet 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 Financial security.