Manulife Multifactor Developed Stock Performance
| MINT Stock | CAD 38.91 0.18 0.46% |
Manulife Multifactor has a performance score of 10 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.0697, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Manulife Multifactor are expected to decrease at a much lower rate. During the bear market, Manulife Multifactor is likely to outperform the market. Manulife Multifactor right now secures a risk of 0.6%. Please verify Manulife Multifactor Developed jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to decide if Manulife Multifactor Developed will be following its current price movements.
Risk-Adjusted Performance
10 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Manulife Multifactor Developed are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy basic indicators, Manulife Multifactor is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
Forward Dividend Yield 0.0257 |
1 | Closing Bell Manulife Multifactor Emerg Mkts Idx ETF up on Tuesday - The Globe and Mail | 04/09/2024 |
2 | Closing Bell Manulife Mltfactor Dev Intl Uh ETF down on Thursday - The Globe and Mail | 04/22/2024 |
3 | Closing Bell Manulife Mltfactor Dev Intl Hgd ETF up on Friday - The Globe and Mail | 04/29/2024 |
4 | Closing Bell Manulife Mltfactor Dev Intl Hgd ETF down on Monday - The Globe and Mail | 05/07/2024 |
5 | Closing Bell Manulife Mltfactor Dev Intl Hgd ETF down on Wednesday - The Globe and Mail | 05/22/2024 |
| Dividend Yield | 0.0257 |
Manulife |
Manulife Multifactor Relative Risk vs. Return Landscape
If you would invest 3,693 in Manulife Multifactor Developed on March 3, 2024 and sell it today you would earn a total of 198.00 from holding Manulife Multifactor Developed or generate 5.36% return on investment over 90 days. Manulife Multifactor Developed is generating 0.0834% of daily returns and assumes 0.5964% volatility on return distribution over the 90 days horizon. Simply put, 5% of stocks are less volatile than Manulife, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Manulife Multifactor Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Manulife Multifactor's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Manulife Multifactor Developed, and traders can use it to determine the average amount a Manulife Multifactor's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1398
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| Cash | MINT | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.6 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Manulife Multifactor is performing at about 10% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Manulife Multifactor by adding it to a well-diversified portfolio.
Manulife Multifactor Fundamentals Growth
Manulife Stock prices reflect investors' perceptions of the future prospects and financial health of Manulife Multifactor, and Manulife Multifactor fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Manulife Stock performance.
| Total Asset | 89.6 M | ||||
About Manulife Multifactor Performance
To evaluate Manulife Multifactor Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Manulife Multifactor generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Manulife Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Manulife Multifactor market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Manulife's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.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.Things to note about Manulife Multifactor performance evaluation
Checking the ongoing alerts about Manulife Multifactor for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Manulife Multifactor help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Latest headline from news.google.com: Closing Bell Manulife Mltfactor Dev Intl Hgd ETF down on Wednesday - The Globe and Mail |
- Analyzing Manulife Multifactor's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Manulife Multifactor's stock is overvalued or undervalued compared to its peers.
- Examining Manulife Multifactor's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Manulife Multifactor's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Manulife Multifactor's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Manulife Multifactor's stock. These opinions can provide insight into Manulife Multifactor's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Manulife Multifactor Developed. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Complementary Tools for Manulife Stock analysis
When running Manulife Multifactor's price analysis, check to measure Manulife Multifactor's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Manulife Multifactor is operating at the current time. Most of Manulife Multifactor's value examination focuses on studying past and present price action to predict the probability of Manulife Multifactor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Manulife Multifactor's price. Additionally, you may evaluate how the addition of Manulife Multifactor to your portfolios can decrease your overall portfolio volatility.
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