Manulife Global Financial Statements From 2010 to 2025
| 0P0000MOTX | CAD 43.30 0.30 0.70% |
Check Manulife Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Manulife Global's main balance sheet or income statement drivers, such as , as well as many indicators such as . Manulife financial statements analysis is a perfect complement when working with Manulife Global Valuation or Volatility modules.
Manulife |
Manulife Global Equity Fund Net Asset Analysis
Manulife Global's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Manulife Global Net Asset | 2.68 B |
Most of Manulife Global's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Manulife Global Equity is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
| Competition |
Based on the recorded statements, Manulife Global Equity has a Net Asset of 2.68 B. This is much higher than that of the Manulife Investments family and significantly higher than that of the Global Equity category. The net asset for all Canada funds is notably lower than that of the firm.
Manulife Global Equity Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Manulife Global's current stock value. Our valuation model uses many indicators to compare Manulife Global value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Manulife Global competition to find correlations between indicators driving Manulife Global's intrinsic value. More Info.Manulife Global Equity is the top fund in one year return among similar funds. It also is the top fund in three year return among similar funds reporting about 0.82 of Three Year Return per One Year Return. The ratio of One Year Return to Three Year Return for Manulife Global Equity is roughly 1.22 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Manulife Global's earnings, one of the primary drivers of an investment's value.About Manulife Global Financial Statements
Manulife Global investors utilize fundamental indicators, such as revenue or net income, to predict how Manulife Fund might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
The Fund seeks to provide above average long-term returns by investing in securities of companies around the world. Manulife Global is traded on Toronto Stock Exchange in Canada.
Pair Trading with Manulife Global
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Manulife Global position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Manulife Global will appreciate offsetting losses from the drop in the long position's value.Moving together with Manulife Fund
| 0.64 | 0P0000IUYO | Edgepoint Global Por | PairCorr |
| 0.64 | 0P000072UA | Invesco Global Companies | PairCorr |
The ability to find closely correlated positions to Manulife Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Manulife Global when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Manulife Global - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Manulife Global Equity to buy it.
The correlation of Manulife Global is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Manulife Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Manulife Global Equity moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Manulife Global can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Manulife Fund
Manulife Global financial ratios help investors to determine whether Manulife Fund 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 Global security.
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios |