Manulife Multifactor One Year Return vs. Annual Yield
| MINT Etf | CAD 38.45 0.07 0.18% |
For Manulife Multifactor profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Manulife Multifactor to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Manulife Multifactor Developed utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Manulife Multifactor's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Manulife Multifactor Developed over time as well as its relative position and ranking within its peers.
Manulife |
Manulife Multifactor Annual Yield vs. One Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Manulife Multifactor's current stock value. Our valuation model uses many indicators to compare Manulife Multifactor value to that of its competitors to determine the firm's financial worth. Manulife Multifactor Developed is rated below average in one year return as compared to similar ETFs. It is rated below average in annual yield as compared to similar ETFs . The ratio of One Year Return to Annual Yield for Manulife Multifactor Developed is about 564.20 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Manulife Multifactor by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Manulife Multifactor's Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Manulife Annual Yield vs. One Year Return
One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
Manulife Multifactor |
| = | 14.50 % |
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
Yield generally refers to the amount of cash that is paid back to the owner of a security over a specific time (usually one year). It is expressed as a percentage of current market price, and usually amounts to all the interests and/or dividends paid over a given period. A higher yield allows the shareholders to generate returns on their investments sooner. However, investors should also be aware that a high yield may be a result of market turmoil or increased price volatility.
Manulife Multifactor |
| = | 0.03 % |
Small firms, start-ups, or companies with high growth potential typically do not pay out dividends or distribute a lot of their profits. These companies will have small yield. Alternatively, more established companies, ETFs, and funds that invest in bonds will have higher yields.
Manulife Annual Yield Comparison
Manulife Multifactor is currently under evaluation in annual yield as compared to similar ETFs.
Manulife Multifactor Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Manulife Multifactor, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Manulife Multifactor will eventually generate negative long term returns. The profitability progress is the general direction of Manulife Multifactor's change in net profit over the period of time. It can combine multiple indicators of Manulife Multifactor, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
MINT seeks to track the performance of the John Hancock Dimensional Developed International Index CAD Hedged, before fees and expenses. MANULIFE MLTFACTOR is traded on Toronto Stock Exchange in Canada.
Manulife Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Manulife Multifactor. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Manulife Multifactor position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Manulife Multifactor's important profitability drivers and their relationship over time.
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| Equity Positions Weight vs Annual Yield |
Use Manulife Multifactor in pair-trading
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 Multifactor 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 Multifactor will appreciate offsetting losses from the drop in the long position's value.Manulife Multifactor Pair Trading
Manulife Multifactor Developed Pair Trading Analysis
The ability to find closely correlated positions to Manulife Multifactor 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 Multifactor 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 Multifactor - 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 Multifactor Developed to buy it.
The correlation of Manulife Multifactor 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 Multifactor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Manulife Multifactor 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 Multifactor 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.Use Investing Themes to Complement your Manulife Multifactor position
In addition to having Manulife Multifactor in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Other Information on Investing in Manulife Etf
To fully project Manulife Multifactor's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Manulife Multifactor at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Manulife Multifactor's income statement, its balance sheet, and the statement of cash flows.