Manulife Multifactor Mid Etf Performance
| MUMC-B Etf | CAD 50.60 0.58 1.13% |
The etf secures a Beta (Market Risk) of 0.46, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Manulife Multifactor's returns are expected to increase less than the market. However, during the bear market, the loss of holding Manulife Multifactor is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Manulife Multifactor Mid has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong primary indicators, Manulife Multifactor is not utilizing all of its potentials. The newest stock price disturbance, may contribute to short-term losses for the investors. ...more
Manulife |
Manulife Multifactor Relative Risk vs. Return Landscape
If you would invest 5,305 in Manulife Multifactor Mid on December 27, 2024 and sell it today you would lose (245.00) from holding Manulife Multifactor Mid or give up 4.62% of portfolio value over 90 days. Manulife Multifactor Mid is generating negative expected returns and assumes 0.9098% volatility on return distribution over the 90 days horizon. Simply put, 8% of etfs are less volatile than Manulife, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Manulife Multifactor Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Manulife Multifactor's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Manulife Multifactor Mid, and traders can use it to determine the average amount a Manulife Multifactor'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 = -0.0793
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | MUMC-B |
Estimated Market Risk
| 0.91 actual daily | 8 92% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Manulife Multifactor 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 Multifactor by adding Manulife Multifactor to a well-diversified portfolio.
Manulife Multifactor Fundamentals Growth
Manulife Etf prices reflect investors' perceptions of the future prospects and financial health of Manulife Multifactor, and Manulife Multifactor fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Manulife Etf performance.
| Total Asset | 16.09 M | |||
About Manulife Multifactor Performance
By analyzing Manulife Multifactor's fundamental ratios, stakeholders can gain valuable insights into Manulife Multifactor's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Manulife Multifactor has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Manulife Multifactor has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
MUMC.B seeks to track the performance of the John Hancock Dimensional Mid Cap Index , before fees and expenses. MANULIFE MLTFACTOR is traded on Toronto Stock Exchange in Canada.| Manulife Multifactor generated a negative expected return over the last 90 days | |
| The fund maintains 99.9% of its assets in stocks |
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.