Manulife Financial Stock Market Value

MNUFF Stock  USD 13.75  1.10  7.41%   
Manulife Financial's market value is the price at which a share of Manulife Financial trades on a public exchange. It measures the collective expectations of Manulife Financial investors about its performance. Manulife Financial is trading at 13.75 as of the 13th of December 2024. This is a 7.41% down since the beginning of the trading day. The stock's lowest day price was 13.75.
With this module, you can estimate the performance of a buy and hold strategy of Manulife Financial and determine expected loss or profit from investing in Manulife Financial over a given investment horizon. Check out Manulife Financial Correlation, Manulife Financial Volatility and Manulife Financial Alpha and Beta module to complement your research on Manulife Financial.
Symbol

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 pink sheet 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.
0.00
11/19/2023
No Change 0.00  0.0 
In 1 year and 26 days
12/13/2024
0.00
If you would invest  0.00  in Manulife Financial on November 19, 2023 and sell it all today you would earn a total of 0.00 from holding Manulife Financial or generate 0.0% return on investment in Manulife Financial over 390 days. Manulife Financial is related to or competes with Ping An, CNO Financial, Genworth Financial, MetLife Preferred, Prudential PLC, AIA Group, and Ping An. 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 pink sheet 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 upside and downside potential and time the market with a certain degree of confidence.

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.
Hype
Prediction
LowEstimatedHigh
12.7913.7514.71
Details
Intrinsic
Valuation
LowRealHigh
11.6612.6215.13
Details
Naive
Forecast
LowNextHigh
12.2413.2014.16
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
13.7414.4715.21
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Manulife Financial. Your research has to be compared to or analyzed against Manulife Financial's peers to derive any actionable benefits. When done correctly, Manulife Financial's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Manulife Financial.

Manulife Financial Backtested Returns

Manulife Financial has Sharpe Ratio of -0.098, which conveys that the firm had a -0.098% return per unit of risk over the last 3 months. Manulife Financial exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Manulife Financial's Mean Deviation of 0.2355, standard deviation of 0.9471, and Risk Adjusted Performance of (0.07) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.13, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Manulife Financial are expected to decrease at a much lower rate. During the bear market, Manulife Financial is likely to outperform the market. At this point, Manulife Financial has a negative expected return of -0.0942%. Please make sure to verify Manulife Financial's information ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Manulife Financial performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.9  

Excellent reverse predictability

Manulife Financial has excellent reverse predictability. Overlapping area represents the amount of predictability between Manulife Financial time series from 19th of November 2023 to 1st of June 2024 and 1st of June 2024 to 13th of December 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 price movement. The serial correlation of -0.9 indicates that approximately 90.0% of current Manulife Financial price fluctuation can be explain by its past prices.
Correlation Coefficient-0.9
Spearman Rank Test-0.63
Residual Average0.0
Price Variance6.21

Manulife Financial lagged returns against current returns

Autocorrelation, which is Manulife Financial pink sheet'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 pink sheet 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 pink sheet 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   
       Timeline  

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 pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Manulife Financial pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Manulife Financial pink sheet over time.
   Current vs Lagged Prices   
       Timeline  

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 pink sheet 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 pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Manulife Financial.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Manulife Pink Sheet

Manulife Financial financial ratios help investors to determine whether Manulife Pink Sheet 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 Financial security.