Manulife Multifactor Large Etf Buy Hold or Sell Recommendation

MULC Etf  CAD 54.56  0.24  0.44%   
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Manulife Multifactor Large is 'Strong Buy'. The recommendation algorithm takes into account all of Manulife Multifactor's available fundamental, technical, and predictive indicators you will find on this site.
  
Check out Manulife Multifactor Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
Note, we conduct extensive research on individual funds such as Manulife and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Manulife Multifactor Large. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Execute Manulife Multifactor Buy or Sell Advice

The Manulife recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Manulife Multifactor Large. Macroaxis does not own or have any residual interests in Manulife Multifactor Large or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Manulife Multifactor's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Manulife MultifactorBuy Manulife Multifactor
Strong Buy

Market Performance

SolidDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

UndervaluedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Slowly supersedes the marketDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon Manulife Multifactor Large has a Risk Adjusted Performance of 0.1622, Jensen Alpha of 0.0774, Total Risk Alpha of 0.0332, Sortino Ratio of 0.0329 and Treynor Ratio of 0.2718
Our trade recommendations module provides unbiased advice that can be used to complement current average analyst sentiment on Manulife Multifactor. Our trade recommendations engine provides an advice for the etf potential to grow from the perspective of an investor's risk tolerance and investing horizon. Please exercise Manulife Multifactor total asset, three year return, net asset, as well as the relationship between the one year return and five year return to make buy, hold, or sell decision on Manulife Multifactor Large.

Manulife Multifactor Trading Alerts and Improvement Suggestions

The fund maintains 99.88% of its assets in stocks

Manulife Multifactor Returns Distribution Density

The distribution of Manulife Multifactor's historical returns is an attempt to chart the uncertainty of Manulife Multifactor's future price movements. The chart of the probability distribution of Manulife Multifactor daily returns describes the distribution of returns around its average expected value. We use Manulife Multifactor Large price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Manulife Multifactor returns is essential to provide solid investment advice for Manulife Multifactor.
Mean Return
0.14
Value At Risk
-0.46
Potential Upside
1.16
Standard Deviation
0.63
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Manulife Multifactor historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Manulife Multifactor Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Manulife Multifactor or Manulife Investments sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Manulife Multifactor's price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Manulife etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over Dow Jones
0.08
β
Beta against Dow Jones0.49
σ
Overall volatility
0.63
Ir
Information ratio 0.03

Manulife Multifactor Volatility Alert

Manulife Multifactor Large exhibits very low volatility with skewness of 0.43 and kurtosis of 3.22. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Manulife Multifactor's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Manulife Multifactor's etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Manulife Multifactor Fundamentals Vs Peers

Comparing Manulife Multifactor's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Manulife Multifactor's direct or indirect competition across all of the common fundamentals between Manulife Multifactor and the related equities. This way, we can detect undervalued stocks with similar characteristics as Manulife Multifactor or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of Manulife Multifactor's fundamental indicators could also be used in its relative valuation, which is a method of valuing Manulife Multifactor by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Manulife Multifactor to competition
FundamentalsManulife MultifactorPeer Average
Beta1.12
One Year Return29.20 %(0.97) %
Three Year Return7.50 %3.23 %
Five Year Return12.40 %1.12 %
Net Asset138.71 M2.29 B
Last Dividend Paid0.250.14
Equity Positions Weight99.88 %52.82 %

Manulife Multifactor Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Manulife . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Manulife Multifactor Buy or Sell Advice

When is the right time to buy or sell Manulife Multifactor Large? Buying financial instruments such as Manulife Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

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?

Run Business Supplies Thematic Idea Now

Business Supplies
Business Supplies Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Business Supplies theme has 24 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Business Supplies Theme or any other thematic opportunities.
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Other Information on Investing in Manulife Etf

Manulife Multifactor 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 Multifactor security.