Manpower Stock Story

MAN -  USA Stock  

USD 94.75  0.08  0.08%

It seems Manpower may not recover as fast as we have hopped for as its price went down 0.24% today. The entity current daily volatility is 1.5 percent, with a beta of 1.2 and an alpha of -0.04 over DOW. Whilst many millenniums are getting more into investing against high market volatility, it is quite pruden to outline Manpower based on its historical prices. We will evaluate if Manpower shares are reasonably priced going into November.
Published over a month ago
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Will Manpower (NYSE:MAN) latest volatility rise scare institutional investors?
Manpower has roughly 1.46 B in cash with 535.7 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 26.95. The company has 1.48 B in debt with debt to equity (D/E) ratio of 0.62, which is OK given its current industry classification. Manpower has a current ratio of 1.35, which is typical for the industry and considered as normal.
Investing in Manpower, just like investing in any other equity instrument, is characterized by a strong risk-return correlation. High risks mean high returns and low risk means lower expected returns. Risk management is the act of identifying and assessing the potential risk and developing strategies to minimize these risks and earn maximum possible profits while holding Manpower along with other instruments in the same portfolio. Using conventional technical analysis and fundamental analysis to select individual securities into a portfolio complements risk management and adds value to overall investors' investing strategies.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Manpower's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Manpower in the context of predictive analytics.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Manpower. Your research has to be compared to or analyzed against Manpower's peers to derive any actionable benefits. When done correctly, Manpower's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Manpower.

How important is Manpower's Liquidity

Manpower financial leverage refers to using borrowed capital as a funding source to finance Manpower ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Manpower financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Manpower's total debt and its cash.

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions.
It is good to see analyst projects for Manpower, but it might be worth checking our own buy vs. sell analysis

Manpower Correlation with Peers

Investors in Manpower can reduce exposure to individual asset risk by holding a diversified portfolio of assets in addition to a long position in Manpower. Diversification will allow for the same portfolio return with reduced risk. The correlation table of Manpower and its peers is a two-dimensional matrix that shows the correlation coefficient between pairs of securities Manpower is related in some way. The cells in the table are color-coded to highlight significantly positive and negative relationships. Each cell shows the correlation between one pair of equities and can be used to run pair trading strategies or create efficient portfolios with your current brokerage.
Please check volatility of Manpower for more details

Sale by Ulice Payne of 1100 shares of Manpower

Legal trades by Manpower insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:
Manpower insider trading alert for sale of common stock by Ulice Payne, the corporate stakeholder, on 16th of November 2021. This event was filed by Manpowergroup Inc with SEC on 2021-11-16. Statement of changes in beneficial ownership - SEC Form 4 [view details]   
Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.

Breaking down Manpower Indicators

We consider Manpower very steady. Manpower has Sharpe Ratio of 0.0529, which conveys that the firm had 0.0529% of return per unit of risk over the last 3 months. Our standpoint towards estimating the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Manpower, which you can use to evaluate the future volatility of the firm. Please verify Manpower mean deviation of 1.19, and Risk Adjusted Performance of (0.008178) to check out if the risk estimate we provide is consistent with the expected return of 0.0793%.

Manpower has 87 percent chance to finish above $110 in November

Latest Market Risk Adjusted Performance is up to -0.02. Price may slide again.
As of the 18th of October 2021, Manpower secures the mean deviation of 1.19, and Risk Adjusted Performance of (0.008178). In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Manpower, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Manpower, which can be compared to its peers in the industry. Please verify Manpower treynor ratio, as well as the relationship between the downside variance and kurtosis to decide if Manpower is priced some-what accurately, providing market reflects its recent price of 112.69 per share. Given that Manpower has jensen alpha of (0.043546), we recommend you to check Manpower's last-minute market performance to make sure the company can sustain itself at a future point.

Our Final Takeaway

Whereas some other firms in the staffing & employment services industry are either recovering or due for a correction, Manpower may not be performing as strong as the other in terms of long-term growth potentials. While some institutional investors may not share our view, we believe it may be a good time to increase your existing holdings in Manpower as the risk-reward trade off is appealing enough to hold a position. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Manpower.

Editorial Staff

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Vlad Skutelnik do not own shares of Manpower. Please refer to our Terms of Use for any information regarding our disclosure principles.

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