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MFC
Stock ticker: NASDAQ
AS OF
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Price
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Capitalization
35.04B

MFC Price Prediction, Manulife Financial Corp AI Recommendations

Stock market charts, price targets, analyst ratings and a financial calendar

Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I.Advisor
a Summary for MFC with price predictions
07:00 PM EST Dec 05, 2023

MFC's Stochastic Oscillator sits in overbought zone for 22 days

The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The 10-day RSI Indicator for MFC moved out of overbought territory on December 06, 2023. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 41 similar instances where the indicator moved out of overbought territory. In of the 41 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where MFC declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

MFC broke above its upper Bollinger Band on December 04, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 02, 2023. You may want to consider a long position or call options on MFC as a result. In of 89 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for MFC just turned positive on November 02, 2023. Looking at past instances where MFC's MACD turned positive, the stock continued to rise in of 38 cases over the following month. The odds of a continued upward trend are .

MFC moved above its 50-day moving average on November 09, 2023 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for MFC crossed bullishly above the 50-day moving average on November 14, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 15 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where MFC advanced for three days, in of 335 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 272 cases where MFC Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 83, placing this stock slightly better than average.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. MFC’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.167) is normal, around the industry mean (1.854). P/E Ratio (3.747) is within average values for comparable stocks, (43.672). MFC's Projected Growth (PEG Ratio) (11.812) is very high in comparison to the industry average of (1.442). Dividend Yield (0.056) settles around the average of (0.039) among similar stocks. P/S Ratio (1.688) is also within normal values, averaging (1.926).

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

A.I. Advisor
published Earnings

MFC is expected to report earnings to fall 32.79% to 61 cents per share on February 14

Manulife Financial Corp MFC Stock Earnings Reports
Q4'23
Est.
$0.62
Q3'23
Beat
by $0.31
Q2'23
Beat
by $0.24
Q1'23
Beat
by $0.20
Q4'22
Beat
by $0.27
The last earnings report on November 08 showed earnings per share of 92 cents, beating the estimate of 61 cents. With 2.17M shares outstanding, the current market capitalization sits at 35.04B.
A.I.Advisor
published Dividends

MFC paid dividends on December 20, 2021

Manulife Financial Corp MFC Stock Dividends
А quarterly dividend of $0.05 per share was paid with a record date of December 20, 2021, and an ex-dividend date of November 30, 2021. Read more...
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are MetLife (NASDAQ:MET), Prudential Financial (NASDAQ:PRU), Lincoln National Corp (NASDAQ:LNC), Genworth Financial (NASDAQ:GNW).

Industry description

Life insurance companies mainly sell policies that pay a death benefit as a lump sum upon the death of the insured to their beneficiaries. Life insurance policies may be sold as term life, (which guarantees payment of a stated death benefit and expires at the end of a specified term) or permanent /typically whole life (which is more expensive but lasts a lifetime and carries a cash accumulation component). Life insurance firms may also sell long-term disability policies that help to replace the insured individual’s income if they become sick or disabled. Health insurance, on the other hand, helps pay for medical expenses. Anthem, Inc., MetLife, Inc. and Aflac Incorporated are some of the largest U.S. companies in this industry.

Market Cap

The average market capitalization across the Life/Health Insurance Industry is 20.41B. The market cap for tickers in the group ranges from 228.36K to 133.31B. PNGAY holds the highest valuation in this group at 133.31B. The lowest valued company is GWGHQ at 228.36K.

High and low price notable news

The average weekly price growth across all stocks in the Life/Health Insurance Industry was 0%. For the same Industry, the average monthly price growth was 2%, and the average quarterly price growth was 4%. MNQFF experienced the highest price growth at 11%, while AAGIY experienced the biggest fall at -9%.

Volume

The average weekly volume growth across all stocks in the Life/Health Insurance Industry was -18%. For the same stocks of the Industry, the average monthly volume growth was -18% and the average quarterly volume growth was 8%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 48
P/E Growth Rating: 51
Price Growth Rating: 48
SMR Rating: 91
Profit Risk Rating: 83
Seasonality Score: 27 (-100 ... +100)
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published price charts
A.I. Advisor
published General Information

General Information

a provider of life and health insurance and reinsurance services

Industry LifeHealthInsurance

Profile
Fundamentals
Details
Industry
Life Or Health Insurance
Address
200 Bloor Street East
Phone
+1 416 926-3000
Employees
38000
Web
https://www.manulife.com
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MFC and

Correlation & Price change

A.I.dvisor indicates that over the last year, MFC has been closely correlated with PRU. These tickers have moved in lockstep 68% of the time. This A.I.-generated data suggests there is a high statistical probability that if MFC jumps, then PRU could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To MFC
1D Price
Change %
MFC100%
-0.35%
PRU - MFC
68%
Closely correlated
-0.11%
BHF - MFC
67%
Closely correlated
-0.17%
AFL - MFC
67%
Closely correlated
-1.07%
PUK - MFC
67%
Closely correlated
+3.03%
CNO - MFC
63%
Loosely correlated
-0.89%
More