Manulife Financial Corp Stock Market Value
| MFC Stock | USD 31.89 0.04 0.13% |
| Symbol | Manulife |
Manulife Financial Corp Price To Book Ratio
Is Life & Health Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Manulife Financial. If investors know Manulife will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Manulife Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.923 | Dividend Share 1.565 | Earnings Share 2.01 | Revenue Per Share 16.758 | Quarterly Revenue Growth 0.195 |
The market value of Manulife Financial Corp is measured differently than its book value, which is the value of Manulife that is recorded on the company's balance sheet. Investors also form their own opinion of Manulife Financial's value that differs from its market value or its book value, called intrinsic value, which is Manulife Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Manulife Financial's market value can be influenced by many factors that don't directly affect Manulife Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Manulife Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Manulife Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Manulife Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
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 stock 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.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Manulife Financial on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Manulife Financial Corp or generate 0.0% return on investment in Manulife Financial over 30 days. Manulife Financial is related to or competes with Prudential Financial, MetLife, Unum, Jackson Financial, Lincoln National, Aflac Incorporated, and Brighthouse Financial. Manulife Financial Corporation, together with its subsidiaries, provides financial products and services in Asia, Canada... 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 stock 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 Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8793 | |||
| Information Ratio | 0.097 | |||
| Maximum Drawdown | 5.94 | |||
| Value At Risk | (1.55) | |||
| Potential Upside | 2.09 |
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 | 0.1615 | |||
| Jensen Alpha | 0.1224 | |||
| Total Risk Alpha | 0.054 | |||
| Sortino Ratio | 0.1265 | |||
| Treynor Ratio | 0.2509 |
Manulife Financial Corp Backtested Returns
Manulife Financial appears to be very steady, given 3 months investment horizon. Manulife Financial Corp has Sharpe Ratio of 0.21, which conveys that the firm had a 0.21% return per unit of risk over the last 3 months. We have found thirty technical indicators for Manulife Financial, which you can use to evaluate the volatility of the firm. Please exercise Manulife Financial's Downside Deviation of 0.8793, risk adjusted performance of 0.1615, and Mean Deviation of 0.8601 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Manulife Financial holds a performance score of 16. The company secures a Beta (Market Risk) of 0.9, which conveys possible diversification benefits within a given portfolio. Manulife Financial returns are very sensitive to returns on the market. As the market goes up or down, Manulife Financial is expected to follow. Please check Manulife Financial's sortino ratio, semi variance, rate of daily change, as well as the relationship between the value at risk and kurtosis , to make a quick decision on whether Manulife Financial's current price movements will revert.
Auto-correlation | -0.66 |
Very good reverse predictability
Manulife Financial Corp has very good reverse predictability. Overlapping area represents the amount of predictability between Manulife Financial time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 Corp price movement. The serial correlation of -0.66 indicates that around 66.0% of current Manulife Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.66 | |
| Spearman Rank Test | -0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 0.12 |
Manulife Financial Corp lagged returns against current returns
Autocorrelation, which is Manulife Financial stock'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 stock 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 stock 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 |
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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 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Manulife Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Manulife Financial stock over time.
Current vs Lagged Prices |
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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 stock 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 stock current value and its past values and can show if there is a momentum factor associated with investing in Manulife Financial Corp.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Manulife Financial Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Manulife Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Manulife Financial Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Manulife Financial Corp Stock:Check out Manulife Financial Correlation, Manulife Financial Volatility and Manulife Financial Alpha and Beta module to complement your research on Manulife Financial. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Manulife Financial technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.