Manulife Smart Core Performance
The etf secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and Manulife Smart are completely uncorrelated.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Manulife Smart Core has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable forward-looking signals, Manulife Smart is not utilizing all of its potentials. The recent stock price uproar, may contribute to short-horizon losses for the private investors. ...more
Manulife |
Manulife Smart Relative Risk vs. Return Landscape
If you would invest (100.00) in Manulife Smart Core on December 22, 2024 and sell it today you would earn a total of 100.00 from holding Manulife Smart Core or generate -100.0% return on investment over 90 days. Manulife Smart Core is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of etfs are less volatile than Manulife, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Manulife Smart Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Manulife Smart's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Manulife Smart Core, and traders can use it to determine the average amount a Manulife Smart's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| BSKT |
Based on monthly moving average Manulife Smart 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 Smart by adding Manulife Smart to a well-diversified portfolio.
| Manulife Smart Core is not yet fully synchronised with the market data | |
| Manulife Smart Core has some characteristics of a very speculative penny stock |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in industry. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Other Consideration for investing in Manulife Etf
If you are still planning to invest in Manulife Smart Core check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Manulife Smart's history and understand the potential risks before investing.
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world |