Manulife Global Equity Fund Price on June 24, 2024
| MMF4606 Fund | 53.10 0.06 0.11% |
Below is the normalized historical share price chart for Manulife Global Equity extending back to June 29, 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 Global stands at 53.10, as last reported on the 3rd of December, with the highest price reaching 53.10 and the lowest price hitting 53.10 during the day.
If you're considering investing in Manulife Fund, it is important to understand the factors that can impact its price. At this point, Manulife Global is very steady. Manulife Global Equity has Sharpe Ratio of 0.0959, which conveys that the entity had a 0.0959% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Manulife Global, which you can use to evaluate the volatility of the fund. Please verify Manulife Global's Mean Deviation of 0.4356, risk adjusted performance of 0.0531, and Downside Deviation of 0.5835 to check out if the risk estimate we provide is consistent with the expected return of 0.0528%.
Manulife Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Manulife |
Sharpe Ratio = 0.0959
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | MMF4606 | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.55 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Manulife Global is performing at about 7% 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 Global by adding it to a well-diversified portfolio.
Manulife Global Main Headline on 24th of June 2024
Financial advisors adjusting to positive correlations - The ... by news.google.com
Financial advisors adjusting to positive correlations The Globe and Mail
Manulife Global Valuation on June 24, 2024
It is possible to determine the worth of Manulife Global on a given historical date. On June 24, 2024 Manulife was worth 50.61 at the beginning of the trading date compared to the closed value of 50.61. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Manulife Global fund. Still, in general, we apply an absolute valuation method to find Manulife Global'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 Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Manulife Global's related companies.
| Open | High | Low | Close | Volume | |
| 50.52 | 50.52 | 50.52 | 50.52 | 1.00 | |
06/24/2024 | 50.61 | 50.61 | 50.61 | 50.61 | 1.00 |
| 50.65 | 50.65 | 50.65 | 50.65 | 1.00 |
| Backtest Manulife Global | | | Manulife Global History | Previous | Next |
Manulife Global Trading Date Momentum on June 24, 2024
| On June 25 2024 Manulife Global Equity was traded for 50.65 at the closing time. The highest price during the trading period was 50.65 and the lowest recorded bid was listed for 50.65 . There was no trading activity during the period 1.0. Lack of trading volume on June 25, 2024 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 0.08% . The trading delta at closing time to the current price is 0.36% . |
Price Boundaries
Manulife Global Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Manulife Global Equity 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 Global December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Manulife Global fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Manulife Global shares will generate the highest return on investment. By undertsting and applying Manulife Global fund market strength indicators, traders can identify Manulife Global Equity entry and exit signals to maximize returns
Manulife Global Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Manulife Global's price direction in advance. Along with the technical and fundamental analysis of Manulife Fund 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 | 0.0531 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.14) | |||
| Treynor Ratio | 0.0964 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency |