Manulife Dividend Fund Forecast - Daily Balance Of Power

Manulife Fund Forecast is based on your current time horizon.
  
Manulife Dividend Income has current Daily Balance Of Power of 0. Balance of Power indicator (or BOP) measures the strength of Manulife Dividend Income market sensitivity to bulls and bears. It estimates the ability of Manulife Dividend buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Manulife Dividend Balance of Power indicator one can determine a trend of the price direction.
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Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Manulife Dividend Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Manulife Dividend fund to make a market-neutral strategy. Peer analysis of Manulife Dividend could also be used in its relative valuation, which is a method of valuing Manulife Dividend by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Pair Trading with Manulife Dividend

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 Dividend 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 Dividend will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Manulife Dividend 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 Dividend 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 Dividend - 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 Dividend Income to buy it.
The correlation of Manulife Dividend 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 Dividend moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Manulife Dividend Income 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 Dividend 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.
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Other Information on Investing in Manulife Fund

Manulife Dividend 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 Dividend security.
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