Manulife Multifactor Developed Etf Price on January 20, 2023
MINT Etf | CAD 38.09 0.34 0.90% |
Below is the normalized historical share price chart for Manulife Multifactor Developed extending back to April 18, 2017. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Manulife Multifactor stands at 38.09, as last reported on the 4th of December, with the highest price reaching 38.09 and the lowest price hitting 38.00 during the day.
If you're considering investing in Manulife Etf, it is important to understand the factors that can impact its price. As of now, Manulife Etf is very steady. Manulife Multifactor has Sharpe Ratio of 0.049, which conveys that the entity had a 0.049% return per unit of risk over the last 3 months. We have found thirty technical indicators for Manulife Multifactor, which you can use to evaluate the volatility of the etf. Please verify Manulife Multifactor's Mean Deviation of 0.5345, downside deviation of 0.7699, and Risk Adjusted Performance of 0.0135 to check out if the risk estimate we provide is consistent with the expected return of 0.0315%.
Manulife Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 11.07 | 200 Day MA 37.8304 | 1 y Volatility 6.33 | 50 Day MA 37.9004 | Inception Date 2017-04-10 |
Manulife |
Sharpe Ratio = 0.049
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Estimated Market Risk
0.64 actual daily | 5 95% of assets are more volatile |
Expected Return
0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Manulife Multifactor is performing at about 3% 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.
Average Mkt Cap Mil 57.5 K |
Manulife Multifactor Valuation on January 20, 2023
It is possible to determine the worth of Manulife Multifactor on a given historical date. On January 20, 2023 Manulife was worth 30.28 at the beginning of the trading date compared to the closed value of 30.28. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Manulife Multifactor etf. Still, in general, we apply an absolute valuation method to find Manulife Multifactor'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 Multifactor where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Manulife Multifactor's related companies.
Open | High | Low | Close | Volume | |
29.93 | 30.08 | 29.93 | 30.07 | 2,600 | |
01/20/2023 | 30.28 | 30.28 | 30.28 | 30.28 | 500.00 |
30.47 | 30.51 | 30.47 | 30.51 | 42,300 |
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Manulife Multifactor Trading Date Momentum on January 20, 2023
On January 23 2023 Manulife Multifactor Developed was traded for 30.51 at the closing time. The highest price during the trading period was 30.51 and the lowest recorded bid was listed for 30.47 . The volume for the day was 42.3 K. This history from January 23, 2023 contributed to the next trading day price boost. The trading delta at closing time to the next closing price was 0.76% . The trading delta at closing time to the current price is 0.73% . |
Manulife Multifactor Fundamentals Correlations and Trends
By evaluating Manulife Multifactor'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 Multifactor'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 Multifactor Etf history
Manulife Multifactor 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 Multifactor 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 Multifactor stock prices may prove useful in developing a viable investing in Manulife Multifactor
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.
Manulife Multifactor Etf Technical Analysis
Manulife Multifactor technical etf 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, etf market cycles, or different charting patterns.
Price Boundaries
Manulife Multifactor Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Manulife Multifactor Developed 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 Multifactor December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Manulife Multifactor etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Manulife Multifactor shares will generate the highest return on investment. By undertsting and applying Manulife Multifactor etf market strength indicators, traders can identify Manulife Multifactor Developed entry and exit signals to maximize returns
Manulife Multifactor Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Manulife Multifactor's price direction in advance. Along with the technical and fundamental analysis of Manulife Etf 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.
Risk Adjusted Performance | 0.0135 | |||
Jensen Alpha | (0.01) | |||
Total Risk Alpha | (0.09) | |||
Sortino Ratio | (0.13) | |||
Treynor Ratio | 0.0183 |
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Other Information on Investing in Manulife Etf
Manulife Multifactor financial ratios help investors to determine whether Manulife Etf 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 Multifactor security.