Manulife Financial Corp Preferred Stock Price on February 28, 2024

MFC-PN Preferred Stock  CAD 20.95  0.13  0.62%   
If you're considering investing in Manulife Preferred Stock, it is important to understand the factors that can impact its price. As of today, the current price of Manulife Financial stands at 20.95, as last reported on the 2nd of December, with the highest price reaching 21.02 and the lowest price hitting 20.95 during the day. Manulife Financial Corp has Sharpe Ratio of -0.088, which conveys that the firm had a -0.088% return per unit of risk over the last 3 months. Manulife Financial exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Manulife Financial's Risk Adjusted Performance of (0.05), standard deviation of 0.804, and Mean Deviation of 0.5716 to check out the risk estimate we provide.
  
Manulife Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.088

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Estimated Market Risk

 0.76
  actual daily
6
94% of assets are more volatile

Expected Return

 -0.07
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.09
  actual daily
0
Most of other assets perform better
Based on monthly moving average Manulife Financial is not performing at its full potential. However, 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 Financial by adding Manulife Financial to a well-diversified portfolio.

Manulife Financial Valuation on February 28, 2024

It is possible to determine the worth of Manulife Financial on a given historical date. On February 28, 2024 Manulife was worth 18.55 at the beginning of the trading date compared to the closed value of 18.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Manulife Financial preferred stock. Still, in general, we apply an absolute valuation method to find Manulife Financial's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Manulife Financial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Manulife Financial's related companies.
 Open High Low Close Volume
  18.59    18.64    18.55    18.55    1,600  
02/28/2024
  18.55    18.55    18.55    18.55    1.00  
  18.54    18.55    18.53    18.55    2,200  
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Open Value
18.55
18.55
Closing Value
20.82
Upside

Manulife Financial Trading Date Momentum on February 28, 2024

On February 29 2024 Manulife Financial Corp was traded for  18.55  at the closing time. The highest price during the trading period was 18.55  and the lowest recorded bid was listed for  18.53 . The volume for the day was 2.2 K. This history from February 29, 2024 did not cause price change. The trading delta at closing time to the current price is 1.08% .

Manulife Financial Corp Fundamentals Correlations and Trends

By evaluating Manulife Financial's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Manulife Financial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Manulife financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Manulife Financial Preferred Stock history

Manulife Financial investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Manulife is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Manulife Financial Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Manulife Financial stock prices may prove useful in developing a viable investing in Manulife Financial
Manulife Financial Corporation, together with its subsidiaries, provides financial advice, insurance, and wealth and asset management solutions for individuals, groups, and institutions in Asia, Canada, and the United States. Manulife Financial Corporation was founded in 1887 and is headquartered in Toronto, Canada. MANULIFE FINANCIAL operates under Insurance - Life classification in Canada and is traded on Toronto Stock Exchange. It employs 34000 people.

Manulife Financial Preferred Stock Technical Analysis

Manulife Financial technical preferred stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, preferred stock market cycles, or different charting patterns.
A focus of Manulife Financial technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Manulife Financial trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Manulife Financial Period Price Range

Low
December 2, 2024
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High

 0.00 

     

 0.00 

Manulife Financial Corp cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Manulife Financial December 2, 2024 Market Strength

Market strength indicators help investors to evaluate how Manulife Financial preferred stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Manulife Financial shares will generate the highest return on investment. By undertsting and applying Manulife Financial preferred stock market strength indicators, traders can identify Manulife Financial Corp entry and exit signals to maximize returns

Manulife Financial Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Manulife Financial's price direction in advance. Along with the technical and fundamental analysis of Manulife Preferred Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Manulife to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Manulife Preferred Stock analysis

When running Manulife Financial's price analysis, check to measure Manulife Financial'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 Financial is operating at the current time. Most of Manulife Financial's value examination focuses on studying past and present price action to predict the probability of Manulife Financial'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 Financial's price. Additionally, you may evaluate how the addition of Manulife Financial to your portfolios can decrease your overall portfolio volatility.
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