Manulife Financial (TSX:MFC) 6-1 Month Momentum % : 31.23% (As of Dec. 14, 2024)

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What is Manulife Financial 6-1 Month Momentum %?

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-12-14), Manulife Financial's 6-1 Month Momentum % is 31.23%.

The industry rank for Manulife Financial's 6-1 Month Momentum % or its related term are showing as below:

TSX:MFC's 6-1 Month Momentum % is ranked better than
83.57% of 560 companies
in the Insurance industry
Industry Median: 5.45 vs TSX:MFC: 31.23

Competitive Comparison of Manulife Financial's 6-1 Month Momentum %

For the Insurance - Life subindustry, Manulife Financial's 6-1 Month Momentum %, along with its competitors' market caps and 6-1 Month Momentum % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Manulife Financial's 6-1 Month Momentum % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Manulife Financial's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Manulife Financial's 6-1 Month Momentum % falls into.

Manulife Financial (TSX:MFC) 6-1 Month Momentum % Calculation

6-1 Month Momentum % is calculated as following:

6-1 Month Momentum %

( Price 1-month ago

Price 6-month ago

- 1 )

100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Manulife Financial (TSX:MFC) 6-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 6-1 Month Momentum % measures the total return to a stock over the past six months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.

Manulife Financial 6-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of Manulife Financial's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.

Manulife Financial Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Manulife Financial Corp (TSX:MFC) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

MNLCF.PFD:USA MFC:USA MFC:Philippines MFC:Mexico 00945:Hong Kong 0V5H:UK MLU:Germany MFC.PR.Q.PFD:Canada MFC.PR.P.PFD:Canada MFC.PR.N.PFD:Canada MFC.PR.M.PFD:Canada MFC.PR.L.PFD:Canada MFC.PR.K.PFD:Canada MFC.PR.J.PFD:Canada MFC.PR.I.PFD:Canada MFC.PR.F.PFD:Canada MFC.PR.C.PFD:Canada MFC.PR.B.PFD:Canada

Address

200 Bloor Street East, Toronto, ON, CAN, M4W 1E5

Website

https://www.manulife.com

Manulife Financial provides life insurance, annuities, and asset management products to individuals and group customers in Canada, the United States, and Asia. Its investment management business contributes approximately 20% of its earnings and has around CAD 1.05 trillion in assets under management and administration as of the end of 2023. The US business, which primarily operates under the John Hancock brand, contributes about 27% of earnings and is mainly focused on providing insurance products for estate, business, and income protection. The Asia segment provides insurance products and insurance-based wealth accumulation products in over 11 countries and contributes around 30% of earnings. The Canadian business segment contributes approximately 23% of earnings.

Executives

Kenneth Michael Ross	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Steve Finch	Senior Officer
Rahim Hirji	Senior Officer
Brooks Tingle	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer
Rocco Gori	Director, Senior Officer
Philip James Witherington	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer
Trevor Kreel	Senior Officer
Tin Ku	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Anthony Alex Silva	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Scott Hartz	Senior Officer
Damien Allen Green	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
James D. Gallagher	Senior Officer
Paul Lorentz	Senior Officer
Donald Richard Lindsay	Director
Marianne Harrison	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer