Manulife Strategic Income Fund Price Patterns

0P0000NFNA   11.42  0.01  0.09%   
The relative strength index (RSI) of Manulife Strategic's fund price is about 66. This suggests that the fund is rather overbought by investors as of today. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Manulife, making its price go up or down.

Momentum 66

 Buy Stretched

 
Oversold
 
Overbought
The successful prediction of Manulife Strategic's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Manulife Strategic Income, which may create opportunities for some arbitrage if properly timed.
Using Manulife Strategic hype-based prediction, you can estimate the value of Manulife Strategic Income from the perspective of Manulife Strategic response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Manulife Strategic to buy its fund at a price that has no basis in reality. In that case, they are not buying Manulife because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell funds at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Manulife Strategic after-hype prediction price

    
  CAD 11.42  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as fund price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any fund could be closely tied with the direction of predictive economic indicators such as signals in inflation.

Manulife Strategic Estimiated After-Hype Price Volatility

As far as predicting the price of Manulife Strategic at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Manulife Strategic or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Fund prices, such as prices of Manulife Strategic, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Manulife Strategic Fund Price Outlook Analysis

Have you ever been surprised when a price of a Fund such as Manulife Strategic is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Manulife Strategic backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Fund price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Manulife Strategic, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.02 
0.11
 0.00  
 0.00  
0 Events / Month
0 Events / Month
In 5 to 10 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
11.42
11.42
0.00 
0.00  
Notes

Manulife Strategic Hype Timeline

Manulife Strategic Income is presently traded for 11.42on Toronto Exchange of Canada. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Manulife is estimated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is estimated to be very small, whereas the daily expected return is presently at 0.02%. %. The volatility of related hype on Manulife Strategic is about 0.0%, with the expected price after the next announcement by competition of 11.42. Assuming the 90 days trading horizon the next estimated press release will be in 5 to 10 days.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any fund could be closely tied with the direction of predictive economic indicators such as signals in inflation.

Manulife Strategic Related Hype Analysis

Having access to credible news sources related to Manulife Strategic's direct competition is more important than ever and may enhance your ability to predict Manulife Strategic's future price movements. Getting to know how Manulife Strategic's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Manulife Strategic may potentially react to the hype associated with one of its peers.

Manulife Strategic Additional Predictive Modules

Most predictive techniques to examine Manulife price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Manulife using various technical indicators. When you analyze Manulife charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Pair Trading with Manulife Strategic

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 Strategic 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 Strategic will appreciate offsetting losses from the drop in the long position's value.

Moving together with Manulife Fund

  0.860P0000706A RBC Select BalancedPairCorr
  0.820P0000S9O7 PIMCO Monthly IncomePairCorr
  0.80P0000S9O5 PIMCO Monthly IncomePairCorr
  0.820P000072KJ RBC Canadian DividendPairCorr
  0.850P00007069 RBC PortefeuillePairCorr
  0.820P0000WJMR IG Mackenzie DividendPairCorr
The ability to find closely correlated positions to Manulife Strategic 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 Strategic 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 Strategic - 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 Strategic Income to buy it.
The correlation of Manulife Strategic 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 Strategic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Manulife Strategic Income 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 Strategic 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.
Pair CorrelationCorrelation Matching
CEOs Directory
Screen CEOs from public companies around the world
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope