Manulife Finl Srs Preferred Stock One Year Return

MFC-PC Preferred Stock  CAD 19.60  0.15  0.77%   
Manulife Finl Srs fundamentals help investors to digest information that contributes to Manulife Finl's financial success or failures. It also enables traders to predict the movement of Manulife Preferred Stock. The fundamental analysis module provides a way to measure Manulife Finl's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Manulife Finl preferred stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Manulife Finl Srs Company One Year Return Analysis

Manulife Finl's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.

One Year Return

 = 

(Mean of Monthly Returns - 1)

X

100%

More About One Year Return | All Equity Analysis
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
Competition

Based on the recorded statements, Manulife Finl Srs has an One Year Return of 0.0%. This indicator is about the same for the Financial Services average (which is currently at 0.0) sector and about the same as Insurance - Life (which currently averages 0.0) industry. This indicator is about the same for all Canada preferred stocks average (which is currently at 0.0).

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Manulife Fundamentals

About Manulife Finl Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Manulife Finl Srs's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Manulife Finl using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Manulife Finl Srs based on its fundamental data. In general, a quantitative approach, as applied to this company, 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 Finl

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 Finl 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 Finl will appreciate offsetting losses from the drop in the long position's value.

Moving together with Manulife Preferred Stock

  0.85MFC-PJ Manulife Fin NonPairCorr
  0.81MFC-PK Manulife Financial CorpPairCorr
  0.68MFC-PL Manulife Financial CorpPairCorr

Moving against Manulife Preferred Stock

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The ability to find closely correlated positions to Manulife Finl 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 Finl 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 Finl - 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 Finl Srs to buy it.
The correlation of Manulife Finl 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 Finl moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Manulife Finl Srs 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 Finl 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Manulife Preferred Stock

Manulife Finl financial ratios help investors to determine whether Manulife Preferred Stock 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 Finl security.