Manulife Smart Dividend Etf Performance
| UDIV Etf | CAD 14.03 0.16 1.15% |
The etf secures a Beta (Market Risk) of 0.39, which conveys possible diversification benefits within a given portfolio. 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
3 of 100
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Manulife Smart Dividend are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy basic indicators, Manulife Smart is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
| In Threey Sharp Ratio | 0.23 |
Manulife |
Manulife Smart Relative Risk vs. Return Landscape
If you would invest 1,362 in Manulife Smart Dividend on August 27, 2024 and sell it today you would earn a total of 25.00 from holding Manulife Smart Dividend or generate 1.84% return on investment over 90 days. Manulife Smart Dividend is generating 0.0312% of daily returns and assumes 0.69% volatility on return distribution over the 90 days horizon. Simply put, 6% 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 |
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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 Dividend, 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 = 0.0452
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| Negative Returns | UDIV |
Estimated Market Risk
| 0.69 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Manulife Smart is performing at about 3% 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 Smart by adding it to a well-diversified portfolio.
Manulife Smart Fundamentals Growth
Manulife Etf prices reflect investors' perceptions of the future prospects and financial health of Manulife Smart, and Manulife Smart fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Manulife Etf performance.
| Total Asset | 100.86 M | |||
About Manulife Smart Performance
By examining Manulife Smart's fundamental ratios, stakeholders can obtain critical insights into Manulife Smart's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Manulife Smart is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
MANULIFE SMART is traded on Toronto Stock Exchange in Canada.| The fund keeps 99.3% of its net assets in stocks |
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.