Manulife Dividend Income Fund Current Valuation
| 0P0000VUYE | CAD 14.85 0.02 0.13% |
Valuation analysis of Manulife Dividend Income helps investors to measure Manulife Dividend's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Fairly Valued
Today
Please note that Manulife Dividend's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Manulife Dividend Income secures a last-minute Real Value of C$15.11 per share. The latest price of the fund is C$14.85. We determine the value of Manulife Dividend Income from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend buying undervalued funds and disposing overvalued funds since, at some point, fund prices and their ongoing real values will merge together.
The fair value of the Manulife fund is determined by what a typical buyer is willing to pay for full or partial control of Manulife Dividend Income. Since Manulife Dividend is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Manulife Fund. However, Manulife Dividend's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 14.85 | Real 15.11 | Hype 14.85 |
The intrinsic value of Manulife Dividend's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Manulife Dividend's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Manulife Dividend Income helps investors to forecast how Manulife fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Manulife Dividend more accurately as focusing exclusively on Manulife Dividend's fundamentals will not take into account other important factors: Manulife Dividend Income Fund Current Valuation Analysis
Manulife Dividend's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Manulife Dividend Income has a Current Valuation of 0.0. This indicator is about the same for the Manulife Investments average (which is currently at 0.0) family and about the same as Canadian Focused Equity (which currently averages 0.0) category. This indicator is about the same for all Canada funds average (which is currently at 0.0).
Manulife Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Manulife Dividend's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the funds which would be a good addition to a portfolio. 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 of similar companies.Manulife Dividend is currently under evaluation in current valuation among similar funds.
Fund Asset Allocation for Manulife Dividend
The fund consists of 79.53% investments in stocks, with the rest of investments allocated between bonds, cashand various exotic instruments.Asset allocation divides Manulife Dividend's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Manulife Fundamentals
| Total Asset | 3.82 B | |||
| Net Asset | 3.82 B | |||
| Minimum Initial Investment | 500 | |||
| Cash Position Weight | 6.68 % | |||
| Equity Positions Weight | 79.53 % | |||
| Bond Positions Weight | 8.54 % |
About Manulife Dividend Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Manulife Dividend Income's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Manulife Dividend using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Manulife Dividend Income based on its fundamental data. In general, a quantitative approach, as applied to this fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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.Moving together with Manulife Fund
| 0.91 | 0P0000706A | RBC Select Balanced | PairCorr |
| 0.69 | 0P0000S9O7 | PIMCO Monthly Income | PairCorr |
| 0.9 | 0P00007069 | RBC Portefeuille | PairCorr |
| 0.78 | 0P0000IUYO | Edgepoint Global Por | PairCorr |
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.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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