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Manulife Financial Corp
Buy, Hold or Sell?

Let's analyse Manulife together

PenkeI guess you are interested in Manulife Financial Corp. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Manulife Financial Corp. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Manulife (30 sec.)










What can you expect buying and holding a share of Manulife? (30 sec.)

How much money do you get?

How much money do you get?
C$1.80
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
C$26.98
Expected worth in 1 year
C$24.35
How sure are you?
75.0%

+ What do you gain per year?

Total Gains per Share
C$-0.18
Return On Investment
-0.5%

For what price can you sell your share?

Current Price per Share
C$33.43
Expected price per share
C$29.04 - C$33.00
How sure are you?
50%

1. Valuation of Manulife (5 min.)




Live pricePrice per Share (EOD)

C$33.43

Intrinsic Value Per Share

C$79.30 - C$135.54

Total Value Per Share

C$106.28 - C$162.52

2. Growth of Manulife (5 min.)




Is Manulife growing?

Current yearPrevious yearGrowGrow %
How rich?$35.8b$41.4b$140.5b77.2%

How much money is Manulife making?

Current yearPrevious yearGrowGrow %
Making money$849.5m$1.3b-$472.7m-55.6%
Net Profit Margin13.6%-18.7%--

How much money comes from the company's main activities?

3. Financial Health of Manulife (5 min.)




What can you expect buying and holding a share of Manulife? (5 min.)

Welcome investor! Manulife's management wants to use your money to grow the business. In return you get a share of Manulife.

What can you expect buying and holding a share of Manulife?

First you should know what it really means to hold a share of Manulife. And how you can make/lose money.

Speculation

The Price per Share of Manulife is C$33.43. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Manulife.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Manulife, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is C$26.98. Based on the TTM, the Book Value Change Per Share is C$-0.66 per quarter. Based on the YOY, the Book Value Change Per Share is C$0.04 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is C$0.61 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Manulife.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 C$% of Price per ShareC$% of Price per ShareC$% of Price per ShareC$% of Price per ShareC$% of Price per Share
Usd Eps0.722.1%0.501.5%0.672.0%0.581.7%0.431.3%
Usd Book Value Change Per Share0.601.8%-0.48-1.4%0.030.1%0.110.3%0.210.6%
Usd Dividend Per Share0.310.9%0.451.3%0.270.8%0.260.8%0.200.6%
Usd Total Gains Per Share0.912.7%-0.03-0.1%0.300.9%0.371.1%0.411.2%
Usd Price Per Share21.56-19.13-17.45-17.41-16.81-
Price to Earnings Ratio7.50-10.03-7.32-8.89-20.28-
Price-to-Total Gains Ratio23.78-8.47-118.48-38.14--2.84-
Price to Book Ratio1.09-0.77-0.81-0.82-0.95-
Price-to-Total Gains Ratio23.78-8.47-118.48-38.14--2.84-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share24.614509
Number of shares40
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.450.26
Usd Book Value Change Per Share-0.480.11
Usd Total Gains Per Share-0.030.37
Gains per Quarter (40 shares)-1.3514.93
Gains per Year (40 shares)-5.4159.70
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
172-78-15421850
2144-155-208436110
3216-233-2512654170
4288-310-3016771230
5361-388-3520989290
6433-465-40251107350
7505-543-45293125410
8577-620-50335143470
9649-698-55377161530
10721-775-60418179590

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%39.01.00.097.5%87.010.00.089.7%
Book Value Change Per Share3.01.00.075.0%8.04.00.066.7%13.07.00.065.0%27.013.00.067.5%62.035.00.063.9%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%40.00.00.0100.0%94.00.03.096.9%
Total Gains per Share3.01.00.075.0%10.02.00.083.3%16.04.00.080.0%30.010.00.075.0%67.030.00.069.1%

Fundamentals of Manulife

About Manulife Financial Corp

Manulife Financial Corporation, together with its subsidiaries, provides financial products and services in the United States, Canada, Asia, and internationally. The company operates through Wealth and Asset Management Businesses; Insurance and Annuity Products; and Corporate and Other segments. The Wealth and Asset Management Businesses segment offers investment advice and solutions to retirement, retail, and institutional clients through multiple distribution channels, including agents and brokers affiliated with the company, independent securities brokerage firms and financial advisors pension plan consultants, and banks. The Insurance and Annuity Products segment provides deposit and credit products; and individual life insurance, individual and group long-term care insurance, and guaranteed and partially guaranteed annuity products through multiple distribution channels, including insurance agents, brokers, banks, financial planners, and direct marketing. The Corporate and Other segment is involved in the property and casualty reinsurance businesses; and run-off reinsurance operations, including variable annuities, and accident and health. The company also manages timberland and agricultural portfolios; and engages in insurance agency, investment counseling and dealer, portfolio and mutual fund management, property and casualty insurance, and mutual fund dealer businesses. In addition, it provides integrated banking products and services. The company was incorporated in 1887 and is headquartered in Toronto, Canada.

Fundamental data was last updated by Penke on 2024-03-14 03:13:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is underpriced.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Manulife Financial Corp.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Manulife earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Manulife to the Insurance - Life industry mean.
  • A Net Profit Margin of 20.3% means that $0.20 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Manulife Financial Corp:

  • The MRQ is 20.3%. The company is making a huge profit. +2
  • The TTM is 13.6%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ20.3%TTM13.6%+6.7%
TTM13.6%YOY-18.7%+32.3%
TTM13.6%5Y1.5%+12.0%
5Y1.5%10Y6.1%-4.6%
1.1.2. Return on Assets

Shows how efficient Manulife is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Manulife to the Insurance - Life industry mean.
  • 0.2% Return on Assets means that Manulife generated $0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Manulife Financial Corp:

  • The MRQ is 0.2%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.1%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.2%TTM0.1%+0.1%
TTM0.1%YOY0.2%-0.1%
TTM0.1%5Y0.2%0.0%
5Y0.2%10Y0.1%+0.0%
1.1.3. Return on Equity

Shows how efficient Manulife is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Manulife to the Insurance - Life industry mean.
  • 3.7% Return on Equity means Manulife generated $0.04 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Manulife Financial Corp:

  • The MRQ is 3.7%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 2.5%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ3.7%TTM2.5%+1.3%
TTM2.5%YOY3.3%-0.8%
TTM2.5%5Y2.8%-0.4%
5Y2.8%10Y2.4%+0.4%

1.2. Operating Efficiency of Manulife Financial Corp.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Manulife is operating .

  • Measures how much profit Manulife makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Manulife to the Insurance - Life industry mean.
  • An Operating Margin of 0.0% means the company generated $0.00  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Manulife Financial Corp:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM7.3%-7.3%
TTM7.3%YOY-26.9%+34.2%
TTM7.3%5Y-0.3%+7.6%
5Y-0.3%10Y7.7%-8.0%
1.2.2. Operating Ratio

Measures how efficient Manulife is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Insurance - Life industry mean).
  • An Operation Ratio of 0.76 means that the operating costs are $0.76 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Manulife Financial Corp:

  • The MRQ is 0.756. The company is efficient in keeping operating costs low. +1
  • The TTM is 1.033. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ0.756TTM1.033-0.277
TTM1.033YOY1.246-0.214
TTM1.0335Y0.864+0.169
5Y0.86410Y0.637+0.226

1.3. Liquidity of Manulife Financial Corp.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Manulife is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Insurance - Life industry mean).
  • A Current Ratio of 0.00 means the company has $0.00 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Manulife Financial Corp:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM31.647-31.647
TTM31.647YOY0.794+30.853
TTM31.6475Y30.221+1.426
5Y30.22110Y27.893+2.328
1.3.2. Quick Ratio

Measures if Manulife is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Manulife to the Insurance - Life industry mean.
  • A Quick Ratio of 0.00 means the company can pay off $0.00 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Manulife Financial Corp:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM0.169-0.169
TTM0.169YOY7.072-6.903
TTM0.1695Y7.728-7.559
5Y7.72810Y7.146+0.583

1.4. Solvency of Manulife Financial Corp.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Manulife assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Manulife to Insurance - Life industry mean.
  • A Debt to Asset Ratio of 0.94 means that Manulife assets are financed with 94.4% credit (debt) and the remaining percentage (100% - 94.4%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Manulife Financial Corp:

  • The MRQ is 0.944. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.713. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.944TTM0.713+0.232
TTM0.713YOY0.933-0.220
TTM0.7135Y0.892-0.179
5Y0.89210Y0.916-0.024
1.4.2. Debt to Equity Ratio

Measures if Manulife is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Manulife to the Insurance - Life industry mean.
  • A Debt to Equity ratio of 1,748.2% means that company has $17.48 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Manulife Financial Corp:

  • The MRQ is 17.482. The company is unable to pay all its debts with equity. -1
  • The TTM is 13.002. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ17.482TTM13.002+4.481
TTM13.002YOY14.381-1.379
TTM13.0025Y14.722-1.720
5Y14.72210Y15.431-0.710

2. Market Valuation of Manulife Financial Corp

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Manulife generates.

  • Above 15 is considered overpriced but always compare Manulife to the Insurance - Life industry mean.
  • A PE ratio of 7.50 means the investor is paying $7.50 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Manulife Financial Corp:

  • The EOD is 8.567. Based on the earnings, the company is underpriced. +1
  • The MRQ is 7.503. Based on the earnings, the company is underpriced. +1
  • The TTM is 10.029. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD8.567MRQ7.503+1.063
MRQ7.503TTM10.029-2.526
TTM10.029YOY7.324+2.705
TTM10.0295Y8.887+1.142
5Y8.88710Y20.279-11.392
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Manulife Financial Corp:

  • The EOD is 2.447. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 2.143. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 2.514. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD2.447MRQ2.143+0.304
MRQ2.143TTM2.514-0.370
TTM2.514YOY2.893-0.379
TTM2.5145Y2.378+0.136
5Y2.37810Y2.969-0.591
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Manulife is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Insurance - Life industry mean).
  • A PB ratio of 1.09 means the investor is paying $1.09 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Manulife Financial Corp:

  • The EOD is 1.239. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.085. Based on the equity, the company is underpriced. +1
  • The TTM is 0.773. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD1.239MRQ1.085+0.154
MRQ1.085TTM0.773+0.312
TTM0.773YOY0.807-0.034
TTM0.7735Y0.823-0.050
5Y0.82310Y0.947-0.123
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Manulife Financial Corp compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.811-0.658+181%0.042+1814%0.152+435%0.287+182%
Book Value Per Share--26.979133.968-80%29.365-8%48.964-45%34.868-23%
Current Ratio---31.647-100%0.794-100%30.221-100%27.893-100%
Debt To Asset Ratio--0.9440.713+32%0.933+1%0.892+6%0.916+3%
Debt To Equity Ratio--17.48213.002+34%14.381+22%14.722+19%15.431+13%
Dividend Per Share--0.4200.612-31%0.363+16%0.355+18%0.273+54%
Eps--0.9760.685+42%0.915+7%0.782+25%0.585+67%
Free Cash Flow Per Share--3.4152.800+22%2.316+47%2.658+28%2.285+49%
Free Cash Flow To Equity Per Share--2.5381.783+42%1.920+32%2.286+11%2.107+20%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--135.544--------
Intrinsic Value_10Y_min--79.302--------
Intrinsic Value_1Y_max--11.210--------
Intrinsic Value_1Y_min--8.994--------
Intrinsic Value_3Y_max--35.490--------
Intrinsic Value_3Y_min--26.276--------
Intrinsic Value_5Y_max--61.950--------
Intrinsic Value_5Y_min--42.607--------
Market Cap60378589460.480+12%52883191726.08047446067931.520+11%45494430000.000+16%45339535586.304+17%44242097589.000+20%
Net Profit Margin--0.2030.136+49%-0.187+192%0.015+1227%0.061+232%
Operating Margin---0.073-100%-0.2690%-0.0030%0.077-100%
Operating Ratio--0.7561.033-27%1.246-39%0.864-13%0.637+19%
Pb Ratio1.239+12%1.0850.773+40%0.807+34%0.823+32%0.947+15%
Pe Ratio8.567+12%7.50310.029-25%7.324+2%8.887-16%20.279-63%
Price Per Share33.430+12%29.28025.985+13%23.703+24%23.652+24%22.832+28%
Price To Free Cash Flow Ratio2.447+12%2.1432.514-15%2.893-26%2.378-10%2.969-28%
Price To Total Gains Ratio27.150+12%23.7808.469+181%118.476-80%38.143-38%-2.844+112%
Quick Ratio---0.169-100%7.072-100%7.728-100%7.146-100%
Return On Assets--0.0020.001+50%0.002-5%0.002+18%0.001+41%
Return On Equity--0.0370.025+52%0.033+14%0.028+32%0.024+56%
Total Gains Per Share--1.231-0.046+104%0.406+204%0.507+143%0.560+120%
Usd Book Value--35877690100.000182035264925.000-80%41478171975.000-14%68101601895.000-47%49060644597.500-27%
Usd Book Value Change Per Share--0.597-0.484+181%0.031+1814%0.112+435%0.211+182%
Usd Book Value Per Share--19.86598.641-80%21.621-8%36.052-45%25.673-23%
Usd Dividend Per Share--0.3090.451-31%0.267+16%0.262+18%0.201+54%
Usd Eps--0.7180.504+42%0.673+7%0.576+25%0.431+67%
Usd Free Cash Flow--4541498400.0003759363725.000+21%3264570125.000+39%3751558945.000+21%3259195135.000+39%
Usd Free Cash Flow Per Share--2.5152.062+22%1.705+47%1.957+28%1.682+49%
Usd Free Cash Flow To Equity Per Share--1.8691.313+42%1.414+32%1.683+11%1.551+20%
Usd Market Cap44456755419.751+12%38937894067.91334934539817.978+11%33497548809.000+16%33383500052.196+17%32575456454.781+20%
Usd Price Per Share24.615+12%21.55919.133+13%17.452+24%17.415+24%16.811+28%
Usd Profit--1297360600.000849506125.000+53%1322210725.000-2%1070653830.000+21%820164570.000+58%
Usd Revenue--6397710700.0006423113050.0000%2813402300.000+127%9754576030.000-34%9140888387.500-30%
Usd Total Gains Per Share--0.907-0.034+104%0.299+204%0.373+143%0.412+120%
 EOD+4 -4MRQTTM+22 -13YOY+21 -135Y+23 -1110Y+23 -12

3.2. Fundamental Score

Let's check the fundamental score of Manulife Financial Corp based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-158.567
Price to Book Ratio (EOD)Between0-11.239
Net Profit Margin (MRQ)Greater than00.203
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.000
Current Ratio (MRQ)Greater than10.000
Debt to Asset Ratio (MRQ)Less than10.944
Debt to Equity Ratio (MRQ)Less than117.482
Return on Equity (MRQ)Greater than0.150.037
Return on Assets (MRQ)Greater than0.050.002
Total3/10 (30.0%)

3.3. Technical Score

Let's check the technical score of Manulife Financial Corp based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5068.311
Ma 20Greater thanMa 5032.602
Ma 50Greater thanMa 10031.358
Ma 100Greater thanMa 20029.334
OpenGreater thanClose32.910
Total4/5 (80.0%)



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in CAD. All numbers in thousands.

Summary
Total Assets875,574,000
Total Liabilities826,847,000
Total Stockholder Equity47,296,000
 As reported
Total Liabilities 826,847,000
Total Stockholder Equity+ 47,296,000
Total Assets = 875,574,000

Assets

Total Assets875,574,000
Total Current Assets0
Long-term Assets0
Total Current Assets
Cash And Cash Equivalents 20,338,000
Total Current Assets  (as reported)0
Total Current Assets  (calculated)20,338,000
+/- 20,338,000
Long-term Assets
Goodwill 5,919,000
Long Term Investments 237,680,000
Intangible Assets 4,391,000
Long-term Assets  (as reported)0
Long-term Assets  (calculated)247,990,000
+/- 247,990,000

Liabilities & Shareholders' Equity

Total Current Liabilities0
Long-term Liabilities0
Total Stockholder Equity47,296,000
Total Current Liabilities
Short Long Term Debt 594,000
Total Current Liabilities  (as reported)0
Total Current Liabilities  (calculated)594,000
+/- 594,000
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Retained Earnings 4,819,000
Total Stockholder Equity (as reported)47,296,000
Total Stockholder Equity (calculated)4,819,000
+/- 42,477,000
Other
Capital Stock28,187,000
Common Stock Shares Outstanding 1,806,039
Net Invested Capital 53,374,000



Balance Sheet

Currency in CAD. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302007-06-302007-03-312006-12-312006-09-302006-06-302006-03-312005-12-312005-09-302005-06-302005-03-312004-12-312004-09-302004-06-302004-03-312003-12-312003-09-302003-06-302003-03-312002-12-312002-09-302002-06-302002-03-312001-12-312001-09-302001-06-302001-03-312000-12-312000-09-302000-06-302000-03-311999-12-311999-09-301999-06-301999-03-31
> Total Assets 
0
0
56,687,487
56,887,201
57,371,966
59,213,460
59,556,265
60,160,007
62,831,264
75,990,785
78,152,498
78,613,000
79,628,009
78,569,694
80,437,788
81,195,000
79,188,593
77,338,691
78,343,669
77,516,000
79,128,364
198,693,787
191,420,765
184,246,000
183,968,581
185,434,720
179,185,034
181,810,000
181,785,445
176,149,967
176,853,954
186,169,000
191,377,845
180,115,214
175,877,944
176,458,000
181,683,700
180,071,000
181,914,000
211,025,000
214,055,000
207,768,000
208,075,000
205,140,000
205,935,000
220,219,000
228,130,000
217,672,000
423,397,000
427,597,000
455,076,000
462,102,000
465,288,000
479,607,000
480,839,000
486,056,000
497,563,000
498,201,000
498,217,000
513,628,000
538,873,000
536,430,000
555,324,000
579,406,000
689,666,000
659,501,000
682,949,000
704,643,000
697,351,000
726,225,000
742,299,000
720,681,000
728,347,000
725,746,000
713,376,000
729,533,000
739,823,000
752,225,000
747,838,000
750,271,000
779,914,000
789,635,000
811,826,000
809,130,000
831,430,000
865,898,000
876,411,000
880,349,000
859,012,000
879,102,000
898,290,000
915,949,000
865,118,000
820,522,000
834,723,000
848,941,000
862,122,000
851,311,000
835,874,000
875,574,000
875,574,000835,874,000851,311,000862,122,000848,941,000834,723,000820,522,000865,118,000915,949,000898,290,000879,102,000859,012,000880,349,000876,411,000865,898,000831,430,000809,130,000811,826,000789,635,000779,914,000750,271,000747,838,000752,225,000739,823,000729,533,000713,376,000725,746,000728,347,000720,681,000742,299,000726,225,000697,351,000704,643,000682,949,000659,501,000689,666,000579,406,000555,324,000536,430,000538,873,000513,628,000498,217,000498,201,000497,563,000486,056,000480,839,000479,607,000465,288,000462,102,000455,076,000427,597,000423,397,000217,672,000228,130,000220,219,000205,935,000205,140,000208,075,000207,768,000214,055,000211,025,000181,914,000180,071,000181,683,700176,458,000175,877,944180,115,214191,377,845186,169,000176,853,954176,149,967181,785,445181,810,000179,185,034185,434,720183,968,581184,246,000191,420,765198,693,78779,128,36477,516,00078,343,66977,338,69179,188,59381,195,00080,437,78878,569,69479,628,00978,613,00078,152,49875,990,78562,831,26460,160,00759,556,26559,213,46057,371,96656,887,20156,687,48700
   > Total Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
76,880,000
70,239,000
68,390,000
65,033,000
65,223,000
65,491,000
65,190,000
63,796,000
76,767,000
78,579,000
81,839,000
90,188,000
84,996,000
116,099,000
110,765,000
112,622,000
103,763,000
87,457,000
86,068,000
88,485,000
23,888,000
23,369,000
22,310,000
22,252,000
20,601,000
18,775,000
75,700,000
0
0
0075,700,00018,775,00020,601,00022,252,00022,310,00023,369,00023,888,00088,485,00086,068,00087,457,000103,763,000112,622,000110,765,000116,099,00084,996,00090,188,00081,839,00078,579,00076,767,00063,796,00065,190,00065,491,00065,223,00065,033,00068,390,00070,239,00076,880,00000000000000000000000000000000000000000000000000000000000000000000000000
       Cash And Cash Equivalents 
0
0
0
0
0
0
0
0
0
0
0
4,995,000
0
0
0
5,143,000
0
0
0
5,877,000
0
0
0
8,517,000
0
0
0
9,360,000
0
0
0
10,745,000
0
0
0
12,354,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
12,813,000
0
0
0
13,484,000
12,130,000
13,642,000
14,691,000
13,630,000
14,035,000
14,042,000
17,971,000
21,079,000
18,589,000
15,647,000
19,005,000
17,885,000
17,864,000
20,902,000
18,179,000
15,151,000
16,011,000
15,866,000
15,251,000
15,965,000
17,020,000
17,230,000
15,642,000
16,215,000
16,097,000
16,770,000
18,018,000
20,300,000
27,087,000
26,683,000
26,970,000
26,167,000
22,443,000
19,721,000
22,114,000
22,594,000
22,069,000
21,015,000
20,951,000
19,153,000
18,775,000
21,018,000
22,137,000
20,338,000
20,338,00022,137,00021,018,00018,775,00019,153,00020,951,00021,015,00022,069,00022,594,00022,114,00019,721,00022,443,00026,167,00026,970,00026,683,00027,087,00020,300,00018,018,00016,770,00016,097,00016,215,00015,642,00017,230,00017,020,00015,965,00015,251,00015,866,00016,011,00015,151,00018,179,00020,902,00017,864,00017,885,00019,005,00015,647,00018,589,00021,079,00017,971,00014,042,00014,035,00013,630,00014,691,00013,642,00012,130,00013,484,00000012,813,00000000000000000012,354,00000010,745,0000009,360,0000008,517,0000005,877,0000005,143,0000004,995,00000000000000
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
693,000
0
0
0
1,041,000
0
0
0
861,000
0
0
0
8,517,000
0
0
0
4,448,000
0
0
0
0
0
0
0
0
0
12,196,000
11,626,000
17,269,000
18,062,000
17,110,000
19,462,000
18,780,000
17,289,000
17,508,000
14,887,000
11,791,000
11,379,000
12,823,000
13,804,000
0
12,312,000
13,008,000
10,299,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
169,801,000
163,598,000
167,785,000
175,591,000
176,013,000
164,918,000
0
0
0
000164,918,000176,013,000175,591,000167,785,000163,598,000169,801,00000000000000000000000000000000000000010,299,00013,008,00012,312,000013,804,00012,823,00011,379,00011,791,00014,887,00017,508,00017,289,00018,780,00019,462,00017,110,00018,062,00017,269,00011,626,00012,196,0000000000004,448,0000008,517,000000861,0000001,041,000000693,00000000000000
       Net Receivables 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
608,144
0
686,000
0
0
0
0
0
0
0
0
0
0
0
0
751,000
698,000
781,000
654,000
966,000
781,000
1,009,000
807,000
888,000
699,000
734,000
828,000
728,000
749,000
737,000
918,000
812,000
840,000
878,000
813,000
767,000
849,000
845,000
888,000
843,000
1,055,000
1,148,000
1,172,000
1,256,000
1,240,000
1,369,000
1,610,000
1,382,000
1,397,000
1,385,000
1,661,000
1,510,000
1,456,000
1,444,000
1,548,000
1,469,000
1,214,000
1,294,000
1,300,000
1,295,000
1,301,000
1,448,000
0
404,000
0
0
00404,00001,448,0001,301,0001,295,0001,300,0001,294,0001,214,0001,469,0001,548,0001,444,0001,456,0001,510,0001,661,0001,385,0001,397,0001,382,0001,610,0001,369,0001,240,0001,256,0001,172,0001,148,0001,055,000843,000888,000845,000849,000767,000813,000878,000840,000812,000918,000737,000749,000728,000828,000734,000699,000888,000807,0001,009,000781,000966,000654,000781,000698,000751,000000000000000686,0000608,1440000000000000000000000000000000000
       Other Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
38,608,000
36,530,000
35,431,000
34,184,000
34,814,000
35,630,000
35,694,000
37,325,000
47,665,000
47,746,000
47,347,000
50,372,000
47,729,000
50,166,000
47,638,000
57,299,000
54,156,000
50,876,000
50,368,000
51,662,000
52,377,000
49,705,000
50,386,000
54,867,000
53,194,000
0
48,550,000
0
0
0048,550,000053,194,00054,867,00050,386,00049,705,00052,377,00051,662,00050,368,00050,876,00054,156,00057,299,00047,638,00050,166,00047,729,00050,372,00047,347,00047,746,00047,665,00037,325,00035,694,00035,630,00034,814,00034,184,00035,431,00036,530,00038,608,00000000000000000000000000000000000000000000000000000000000000000000000000
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
262,121,000
243,762,000
232,085,000
233,752,000
237,942,000
247,690,000
0
0
0
000247,690,000237,942,000233,752,000232,085,000243,762,000262,121,0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
       Property Plant Equipment 
0
0
3,160,579
3,189,007
3,212,900
3,271,527
3,308,681
3,266,872
3,379,092
3,434,329
3,527,470
3,494,301
3,369,485
3,309,478
3,522,950
3,582,986
3,811,231
3,801,783
3,841,884
3,974,961
4,071,547
4,550,506
4,728,095
4,662,002
4,708,736
4,736,302
4,598,297
5,302,233
5,336,028
5,223,534
5,284,834
5,898,795
6,121,267
5,831,478
5,660,115
5,691,741
5,984,950
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,376,000
1,379,000
1,354,000
1,322,000
1,281,000
1,317,000
2,114,000
1,925,000
2,016,000
381,000
381,000
381,000
1,926,000
2,090,000
2,029,000
1,955,000
1,850,000
1,816,000
1,788,000
1,821,000
1,812,000
1,783,000
1,827,000
1,921,000
1,878,000
0
2,711,000
0
0
002,711,00001,878,0001,921,0001,827,0001,783,0001,812,0001,821,0001,788,0001,816,0001,850,0001,955,0002,029,0002,090,0001,926,000381,000381,000381,0002,016,0001,925,0002,114,0001,317,0001,281,0001,322,0001,354,0001,379,0001,376,00000000000000000000000000000000000005,984,9505,691,7415,660,1155,831,4786,121,2675,898,7955,284,8345,223,5345,336,0285,302,2334,598,2974,736,3024,708,7364,662,0024,728,0954,550,5064,071,5473,974,9613,841,8843,801,7833,811,2313,582,9863,522,9503,309,4783,369,4853,494,3013,527,4703,434,3293,379,0923,266,8723,308,6813,271,5273,212,9003,189,0073,160,57900
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
634,000
0
0
0
589,000
0
0
0
7,332,000
0
0
0
7,501,000
0
0
0
7,461,000
0
0
0
6,721,000
0
6,882,000
7,078,000
7,929,000
8,055,000
7,608,000
7,252,000
7,122,000
6,973,000
0
0
5,941,000
0
0
0
3,404,000
0
0
0
3,100,000
0
0
0
3,110,000
0
0
0
3,181,000
0
0
0
5,685,000
0
0
0
5,884,000
0
0
0
5,713,000
0
0
0
5,864,000
0
0
0
5,743,000
0
0
0
5,714,000
0
0
0
5,651,000
0
0
0
6,014,000
0
0
0
5,919,000
5,919,0000006,014,0000005,651,0000005,714,0000005,743,0000005,864,0000005,713,0000005,884,0000005,685,0000003,181,0000003,110,0000003,100,0000003,404,0000005,941,000006,973,0007,122,0007,252,0007,608,0008,055,0007,929,0007,078,0006,882,00006,721,0000007,461,0000007,501,0000007,332,000000589,000000634,000000000000000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
240,607,000
246,019,000
246,994,000
243,771,000
252,160,000
257,627,000
262,589,000
260,358,000
268,070,000
209,632,000
215,857,000
224,099,000
220,973,000
233,212,000
245,081,000
244,649,000
242,446,000
232,250,000
240,601,000
247,110,000
252,206,000
234,036,000
222,286,000
223,685,000
227,423,000
237,191,000
228,399,000
222,110,000
237,680,000
237,680,000222,110,000228,399,000237,191,000227,423,000223,685,000222,286,000234,036,000252,206,000247,110,000240,601,000232,250,000242,446,000244,649,000245,081,000233,212,000220,973,000224,099,000215,857,000209,632,000268,070,000260,358,000262,589,000257,627,000252,160,000243,771,000246,994,000246,019,000240,607,00000000000000000000000000000000000000000000000000000000000000000000000000
       Intangible Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
597,206
559,805
582,962
0
609,812
9,964,454
9,516,936
1,806,000
9,164,614
9,596,308
9,226,770
1,742,000
9,235,972
8,879,006
8,877,227
1,708,000
9,098,838
8,546,168
8,370,929
1,573,000
8,543,918
1,602,000
1,645,000
1,866,000
2,160,000
2,015,000
2,036,000
2,005,000
1,957,000
9,221,000
8,021,000
1,916,000
5,817,000
0
0
2,038,000
5,362,000
0
0
2,013,000
0
0
0
2,188,000
0
0
0
2,280,000
0
0
0
3,699,000
0
0
0
4,223,000
10,085,000
9,998,000
9,788,000
4,127,000
9,980,000
10,065,000
9,972,000
4,233,000
10,004,000
9,928,000
10,030,000
4,232,000
10,413,000
10,280,000
10,170,000
4,215,000
9,785,000
9,696,000
9,832,000
4,264,000
9,726,000
9,799,000
10,067,000
4,505,000
10,499,000
10,310,000
10,428,000
4,391,000
4,391,00010,428,00010,310,00010,499,0004,505,00010,067,0009,799,0009,726,0004,264,0009,832,0009,696,0009,785,0004,215,00010,170,00010,280,00010,413,0004,232,00010,030,0009,928,00010,004,0004,233,0009,972,00010,065,0009,980,0004,127,0009,788,0009,998,00010,085,0004,223,0000003,699,0000002,280,0000002,188,0000002,013,000005,362,0002,038,000005,817,0001,916,0008,021,0009,221,0001,957,0002,005,0002,036,0002,015,0002,160,0001,866,0001,645,0001,602,0008,543,9181,573,0008,370,9298,546,1689,098,8381,708,0008,877,2278,879,0069,235,9721,742,0009,226,7709,596,3089,164,6141,806,0009,516,9369,964,454609,8120582,962559,805597,2060000000000000000
       Other Assets 
0
0
56,687,487
56,887,201
57,371,966
59,213,460
59,556,265
60,160,007
62,831,264
75,990,785
78,152,498
78,613,000
79,628,009
78,569,694
80,437,788
81,195,000
79,188,593
77,338,691
78,343,669
77,516,000
79,128,364
198,693,787
191,420,765
184,246,000
183,968,581
185,434,720
179,185,034
181,810,000
181,785,445
176,149,967
176,853,954
186,169,000
191,377,845
180,115,214
175,877,944
176,458,000
181,683,700
180,071,000
181,914,000
211,025,000
214,055,000
207,768,000
208,075,000
205,140,000
205,935,000
220,219,000
228,130,000
217,672,000
423,397,000
427,597,000
455,076,000
462,102,000
465,288,000
479,607,000
480,839,000
486,056,000
497,563,000
498,201,000
498,217,000
513,628,000
538,873,000
536,430,000
555,324,000
579,406,000
689,666,000
659,501,000
682,949,000
704,643,000
697,351,000
726,225,000
742,299,000
720,681,000
728,347,000
725,746,000
713,376,000
729,533,000
739,823,000
752,225,000
747,838,000
750,271,000
779,914,000
789,635,000
811,826,000
809,130,000
831,430,000
865,898,000
876,411,000
880,349,000
859,012,000
879,102,000
898,290,000
629,940,000
597,987,000
566,127,000
578,719,000
590,398,000
595,657,000
447,697,000
6,778,000
0
06,778,000447,697,000595,657,000590,398,000578,719,000566,127,000597,987,000629,940,000898,290,000879,102,000859,012,000880,349,000876,411,000865,898,000831,430,000809,130,000811,826,000789,635,000779,914,000750,271,000747,838,000752,225,000739,823,000729,533,000713,376,000725,746,000728,347,000720,681,000742,299,000726,225,000697,351,000704,643,000682,949,000659,501,000689,666,000579,406,000555,324,000536,430,000538,873,000513,628,000498,217,000498,201,000497,563,000486,056,000480,839,000479,607,000465,288,000462,102,000455,076,000427,597,000423,397,000217,672,000228,130,000220,219,000205,935,000205,140,000208,075,000207,768,000214,055,000211,025,000181,914,000180,071,000181,683,700176,458,000175,877,944180,115,214191,377,845186,169,000176,853,954176,149,967181,785,445181,810,000179,185,034185,434,720183,968,581184,246,000191,420,765198,693,78779,128,36477,516,00078,343,66977,338,69179,188,59381,195,00080,437,78878,569,69479,628,00978,613,00078,152,49875,990,78562,831,26460,160,00759,556,26559,213,46057,371,96656,887,20156,687,48700
> Total Liabilities 
0
0
48,814,107
48,923,173
49,484,174
51,347,274
51,407,189
51,882,429
54,452,817
68,220,673
69,242,990
69,256,000
69,176,544
67,982,709
70,121,143
71,388,000
68,675,714
66,555,651
67,347,001
67,221,000
68,363,342
173,045,240
166,395,780
159,758,000
160,172,042
161,195,928
155,636,460
157,836,000
156,991,695
152,305,431
152,709,056
160,311,000
163,968,275
154,477,775
151,624,708
151,977,000
156,512,641
155,023,000
156,729,000
183,570,000
187,443,000
180,082,000
181,504,000
176,233,000
176,609,000
192,415,000
202,068,000
190,799,000
398,285,000
402,216,000
429,733,000
437,223,000
439,464,000
453,522,000
455,878,000
459,960,000
471,772,000
471,657,000
471,336,000
484,595,000
507,686,000
505,650,000
522,728,000
545,480,000
650,231,000
620,824,000
642,059,000
662,705,000
656,000,000
683,842,000
698,984,000
677,858,000
684,416,000
681,521,000
669,621,000
687,370,000
695,734,000
706,907,000
702,351,000
703,120,000
730,920,000
739,723,000
761,056,000
759,024,000
775,369,000
812,422,000
822,527,000
827,343,000
807,020,000
824,848,000
842,339,000
858,774,000
808,269,000
764,724,000
778,416,000
792,562,000
15,193,000
805,621,000
788,301,000
826,847,000
826,847,000788,301,000805,621,00015,193,000792,562,000778,416,000764,724,000808,269,000858,774,000842,339,000824,848,000807,020,000827,343,000822,527,000812,422,000775,369,000759,024,000761,056,000739,723,000730,920,000703,120,000702,351,000706,907,000695,734,000687,370,000669,621,000681,521,000684,416,000677,858,000698,984,000683,842,000656,000,000662,705,000642,059,000620,824,000650,231,000545,480,000522,728,000505,650,000507,686,000484,595,000471,336,000471,657,000471,772,000459,960,000455,878,000453,522,000439,464,000437,223,000429,733,000402,216,000398,285,000190,799,000202,068,000192,415,000176,609,000176,233,000181,504,000180,082,000187,443,000183,570,000156,729,000155,023,000156,512,641151,977,000151,624,708154,477,775163,968,275160,311,000152,709,056152,305,431156,991,695157,836,000155,636,460161,195,928160,172,042159,758,000166,395,780173,045,24068,363,34267,221,00067,347,00166,555,65168,675,71471,388,00070,121,14367,982,70969,176,54469,256,00069,242,99068,220,67354,452,81751,882,42951,407,18951,347,27449,484,17448,923,17348,814,10700
   > Total Current Liabilities 
0
0
0
0
0
0
0
0
0
0
0
693,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
15,551,000
0
400,000
400,000
15,901,000
400,000
0
0
15,469,000
0
0
662,000
17,628,000
709,000
682,000
0
17,249,000
0
0
0
16,759,000
0
11,280,000
0
17,191,000
0
598,000
0
0
00598,000017,191,000011,280,000016,759,00000017,249,0000682,000709,00017,628,000662,0000015,469,00000400,00015,901,000400,000400,000015,551,00000000000000000000000000000000000000000000000000000000000000693,00000000000000
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
693,000
0
0
0
1,041,000
0
0
0
861,000
0
0
0
2,881,000
0
0
0
2,900,000
0
2,763,569
2,757,887
2,860,000
2,712,231
2,383,864
2,208,995
2,085,000
2,032,605
1,894,000
1,690,000
1,876,000
1,642,000
1,486,000
1,345,000
1,291,000
1,225,000
1,211,000
1,127,000
978,000
11,379,000
12,823,000
13,804,000
0
12,312,000
13,008,000
10,299,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
24,860,000
22,781,000
21,443,000
400,000
401,000
400,000
19,013,000
0
0
0
0
662,000
649,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000649,000662,000000019,013,000400,000401,000400,00021,443,00022,781,00024,860,000000000000000000010,299,00013,008,00012,312,000013,804,00012,823,00011,379,000978,0001,127,0001,211,0001,225,0001,291,0001,345,0001,486,0001,642,0001,876,0001,690,0001,894,0002,032,6052,085,0002,208,9952,383,8642,712,2312,860,0002,757,8872,763,56902,900,0000002,881,000000861,0000001,041,000000693,00000000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
24,860,000
22,781,000
21,443,000
400,000
401,000
400,000
19,013,000
0
0
0
0
662,000
649,000
0
0
0
0
0
0
0
0
0
0
0
615,000
0
0
610,000
594,000
594,000610,00000615,00000000000000649,000662,000000019,013,000400,000401,000400,00021,443,00022,781,00024,860,00000000000000000000000000000000000000000000000000000000000000000000000000
       Other Current Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
15,544,000
0
0
0
15,500,000
0
0
0
15,469,000
0
0
0
16,872,000
0
0
0
16,783,000
0
0
0
16,091,000
0
0
0
17,079,000
0
0
0
0
000017,079,00000016,091,00000016,783,00000016,872,00000015,469,00000015,500,00000015,544,00000000000000000000000000000000000000000000000000000000000000000000000000
   > Long-term Liabilities 
0
0
652,013
583,870
583,636
582,296
588,310
588,788
1,404,543
1,387,086
1,416,991
1,418,000
1,415,120
1,405,312
1,432,339
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
858,774,000
808,269,000
764,724,000
778,416,000
792,562,000
15,193,000
0
0
0
00015,193,000792,562,000778,416,000764,724,000808,269,000858,774,00000000000000000000000000000000000000000000000000000000000000000000000000000001,432,3391,405,3121,415,1201,418,0001,416,9911,387,0861,404,543588,788588,310582,296583,636583,870652,01300
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
13,267,000
13,118,000
13,184,000
12,073,000
11,759,000
13,666,000
14,372,000
13,993,000
13,521,000
11,706,000
11,891,000
11,862,000
12,694,000
12,932,000
13,438,000
12,356,000
13,545,000
12,752,000
12,926,000
0
012,926,00012,752,00013,545,00012,356,00013,438,00012,932,00012,694,00011,862,00011,891,00011,706,00013,521,00013,993,00014,372,00013,666,00011,759,00012,073,00013,184,00013,118,00013,267,00000000000000000000000000000000000000000000000000000000000000000000000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
637,454,000
661,635,000
660,078,000
648,998,000
652,389,000
676,747,000
687,894,000
683,200,000
668,335,000
711,621,000
718,734,000
737,516,000
721,718,000
746,418,000
782,339,000
793,130,000
783,562,000
783,670,000
803,558,000
821,451,000
822,667,000
787,591,000
740,512,000
753,247,000
750,682,000
0
781,395,000
0
0
00781,395,0000750,682,000753,247,000740,512,000787,591,000822,667,000821,451,000803,558,000783,670,000783,562,000793,130,000782,339,000746,418,000721,718,000737,516,000718,734,000711,621,000668,335,000683,200,000687,894,000676,747,000652,389,000648,998,000660,078,000661,635,000637,454,00000000000000000000000000000000000000000000000000000000000000000000000000
> Total Stockholder Equity
0
0
7,166,409
7,211,659
7,180,751
7,436,502
7,759,377
7,978,677
8,318,612
7,709,408
8,844,740
8,293,000
9,380,952
9,513,230
9,242,787
8,748,000
9,455,267
9,723,215
9,940,049
9,258,000
9,722,822
24,369,472
23,978,376
23,445,000
23,654,987
24,090,591
23,348,951
23,787,000
24,590,761
23,641,022
23,938,502
25,656,000
27,201,913
25,435,326
24,051,515
24,335,000
25,009,969
24,984,000
25,124,000
27,393,000
26,553,000
27,617,000
26,468,000
28,827,000
29,238,000
27,713,000
25,923,000
26,714,000
24,696,000
24,819,000
24,695,000
24,464,000
25,129,000
25,371,000
24,348,000
25,595,000
25,517,000
26,264,000
26,555,000
28,657,000
30,726,000
30,271,000
32,137,000
33,462,000
38,939,000
38,140,000
40,313,000
41,346,000
40,720,000
41,722,000
42,588,000
42,080,000
43,136,000
43,372,000
42,872,000
41,234,000
43,107,000
44,276,000
44,368,000
46,058,000
47,923,000
48,764,000
49,626,000
48,895,000
54,889,000
52,181,000
52,486,000
51,551,000
50,444,000
52,624,000
54,290,000
57,175,000
55,135,000
54,102,000
54,652,000
54,715,000
47,240,000
45,690,000
47,573,000
47,296,000
47,296,00047,573,00045,690,00047,240,00054,715,00054,652,00054,102,00055,135,00057,175,00054,290,00052,624,00050,444,00051,551,00052,486,00052,181,00054,889,00048,895,00049,626,00048,764,00047,923,00046,058,00044,368,00044,276,00043,107,00041,234,00042,872,00043,372,00043,136,00042,080,00042,588,00041,722,00040,720,00041,346,00040,313,00038,140,00038,939,00033,462,00032,137,00030,271,00030,726,00028,657,00026,555,00026,264,00025,517,00025,595,00024,348,00025,371,00025,129,00024,464,00024,695,00024,819,00024,696,00026,714,00025,923,00027,713,00029,238,00028,827,00026,468,00027,617,00026,553,00027,393,00025,124,00024,984,00025,009,96924,335,00024,051,51525,435,32627,201,91325,656,00023,938,50223,641,02224,590,76123,787,00023,348,95124,090,59123,654,98723,445,00023,978,37624,369,4729,722,8229,258,0009,940,0499,723,2159,455,2678,748,0009,242,7879,513,2309,380,9528,293,0008,844,7407,709,4088,318,6127,978,6777,759,3777,436,5027,180,7517,211,6597,166,40900
   Common Stock
0
0
636,877
0
0
0
0
0
0
0
0
614,000
0
0
0
596,000
0
0
0
599,000
0
0
0
14,646,000
14,600,470
14,496,733
14,475,003
14,490,000
14,489,172
14,251,562
14,185,490
14,248,000
14,212,968
14,056,393
0
14,000,000
0
13,958,000
13,943,000
16,157,000
16,177,000
16,250,000
16,444,000
18,937,000
19,005,000
19,088,000
19,169,000
19,254,000
19,332,000
19,413,000
19,483,000
0
19,644,000
19,723,000
19,803,000
19,886,000
19,964,000
20,046,000
20,138,000
20,234,000
20,339,000
20,432,000
20,548,000
20,556,000
22,768,000
22,785,000
22,790,000
22,799,000
22,804,000
22,815,000
22,819,000
22,865,000
22,891,000
22,904,000
22,930,000
22,989,000
23,010,000
23,031,000
23,045,000
22,961,000
23,052,000
23,067,000
23,066,000
23,127,000
23,025,000
23,025,000
23,034,000
23,042,000
23,080,000
23,083,000
23,087,000
23,093,000
22,933,000
22,724,000
22,453,000
22,178,000
22,012,000
21,816,000
21,642,000
0
021,642,00021,816,00022,012,00022,178,00022,453,00022,724,00022,933,00023,093,00023,087,00023,083,00023,080,00023,042,00023,034,00023,025,00023,025,00023,127,00023,066,00023,067,00023,052,00022,961,00023,045,00023,031,00023,010,00022,989,00022,930,00022,904,00022,891,00022,865,00022,819,00022,815,00022,804,00022,799,00022,790,00022,785,00022,768,00020,556,00020,548,00020,432,00020,339,00020,234,00020,138,00020,046,00019,964,00019,886,00019,803,00019,723,00019,644,000019,483,00019,413,00019,332,00019,254,00019,169,00019,088,00019,005,00018,937,00016,444,00016,250,00016,177,00016,157,00013,943,00013,958,000014,000,000014,056,39314,212,96814,248,00014,185,49014,251,56214,489,17214,490,00014,475,00314,496,73314,600,47014,646,000000599,000000596,000000614,00000000000636,87700
   Retained Earnings Total Equity0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Accumulated Other Comprehensive Income 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-2,290,246
0
0
0
0
0
0
0
-3,322,512
-4,902,824
-6,135,104
0
-4,439,000
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551,000
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14,459,000
0
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0
00014,459,000-25,000551,000117,0002,033,0005,180,0004,597,0003,623,0003,013,0006,323,0008,469,0009,263,00012,107,0006,447,0007,631,0006,610,0006,468,0006,212,0003,985,0005,249,0004,840,0004,087,0003,593,0004,896,0005,481,0005,347,0006,105,0005,977,0005,275,0006,992,0005,823,0003,940,0005,041,0002,166,0001,479,000501,0001,260,00046,000-903,000-448,000-887,000-369,000-400,000206,000-273,00096,000528,000-806,000-792,000-5,642,000-4,802,000-4,123,000-5,139,000-4,584,000-4,076,000-2,914,000-2,221,000-2,641,000-4,958,000-5,076,000-4,439,0000-6,135,104-4,902,824-3,322,5120000000-2,290,246000000000000000000000000
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
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265,000
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   Treasury Stock0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
803,223
1,428,399
1,399,564
1,420,922
1,420,371
1,423,905
1,448,632
675,332
1,458,063
62,000
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255,000
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461,000
355,000
390,000
369,000
365,000
362,000
423,000
414,000
463,000
490,000
464,000
457,000
443,000
458,000
532,000
522,000
520,000
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498,000
448,000
406,000
654,000
359,000
342,000
300,000
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100,000
17,115,000
44,508,000
0
044,508,00017,115,000100,000-1,108,000-1,164,000-1,136,000-1,060,000-971,000-906,000-582,000-536,000-523,000-532,000-140,000-134,00011,000171,000300,000342,000359,000654,000406,000448,000498,000637,000520,000522,000532,000458,000443,000457,000464,000490,000463,000414,000423,000362,000365,000369,000390,000355,000461,000418,000403,000255,000258,000253,00020,054,000240,000234,000414,000207,000202,000195,000190,000182,000392,000169,000161,000160,000156,000152,00014,093,308-4,691,00016,477,5332,635,9732,766,453278,081855,704858,541870,284210,565600,030603,826441,595264,44715,382,76015,259,0761,060,600-12,2591,712,4521,735,1241,416,52592,0001,379,9941,485,9191,504,46262,0001,458,063675,3321,448,6321,423,9051,420,3711,420,9221,399,5641,428,399803,22300



Balance Sheet

Currency in CAD. All numbers in thousands.




Cash Flow

Currency in CAD. All numbers in thousands.




Income Statement

Currency in CAD. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue42,309,000
Cost of Revenue-0
Gross Profit042,309,000
 
Operating Income (+$)
Gross Profit0
Operating Expense-35,857,000
Operating Income0-35,857,000
 
Operating Expense (+$)
Research Development0
Selling General Administrative4,330,000
Selling And Marketing Expenses0
Operating Expense35,857,0004,330,000
 
Net Interest Income (+$)
Interest Income16,120,000
Interest Expense-1,554,000
Other Finance Cost-16,120,000
Net Interest Income-1,554,000
 
Pretax Income (+$)
Operating Income0
Net Interest Income-1,554,000
Other Non-Operating Income Expenses0
Income Before Tax (EBT)6,452,000-129,000
EBIT - interestExpense = -1,554,000
5,463,000
7,017,000
Interest Expense1,554,000
Earnings Before Interest and Taxes (EBIT)08,006,000
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax6,452,000
Tax Provision-845,000
Net Income From Continuing Ops5,607,0005,607,000
Net Income5,463,000
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net129,0001,554,000
 

Technical Analysis of Manulife
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Manulife. The general trend of Manulife is BULLISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Manulife's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (100.0%) Bearish trend (-100.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Manulife Financial Corp.

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 33.00.

The bearish price targets are: 32.87 > 31.84 > 29.04.

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Manulife Financial Corp Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Manulife Financial Corp. The current mas is .

The long score for the Moving Averages is 14/14.
The longshort score for the Moving Averages is 14/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Manulife Financial Corp Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Manulife Financial Corp. The current macd is 0.43139364.

The long score for the Moving Average Convergence/Divergence (MACD) is 2/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 0/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Manulife price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Manulife. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Manulife price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Manulife Financial Corp Daily Moving Average Convergence/Divergence (MACD) ChartManulife Financial Corp Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Manulife Financial Corp. The current adx is 27.19.

The long score for the Directional Movement Index (DMI) is 4/7.
The longshort score for the Directional Movement Index (DMI) is 4/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Manulife shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bullish trend. The ADX is trending up, so the bullish trend is strengthening.
Manulife Financial Corp Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Manulife Financial Corp. The current sar is 31.95.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Manulife Financial Corp Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Manulife Financial Corp. The current rsi is 68.31. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
Manulife Financial Corp Daily Relative Strength Index (RSI) ChartManulife Financial Corp Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Manulife Financial Corp. The current phase is Overbought in bull market.

The long score for the Stochastic Oscillator is 6/6.
The longshort score for the Stochastic Oscillator is 6/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Manulife price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Manulife Financial Corp Daily Stochastic Oscillator ChartManulife Financial Corp Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Manulife Financial Corp. The current cci is 169.32.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Manulife Financial Corp Daily Commodity Channel Index (CCI) ChartManulife Financial Corp Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Manulife Financial Corp. The current cmo is 41.86.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Manulife Financial Corp Daily Chande Momentum Oscillator (CMO) ChartManulife Financial Corp Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Manulife Financial Corp. The current willr is -2.45398773.

The long score for the Williams %R is 1/1.
The longshort score for the Williams %R is 1/(-1 +1).

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Manulife Financial Corp Daily Williams %R ChartManulife Financial Corp Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Manulife Financial Corp.

Manulife Financial Corp Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Manulife Financial Corp. The current atr is 0.45816864.

Manulife Financial Corp Daily Average True Range (ATR) ChartManulife Financial Corp Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Manulife Financial Corp. The current obv is 360,494,367.

Manulife Financial Corp Daily On-Balance Volume (OBV) ChartManulife Financial Corp Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Manulife Financial Corp. The current mfi is 75.59.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Manulife Financial Corp Daily Money Flow Index (MFI) ChartManulife Financial Corp Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Manulife Financial Corp.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-07STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-09STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-14STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-17STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-23STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-24MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-27RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-29MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-30STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-04STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-05STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-06STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-07STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-11BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-12ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-13STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-14STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-15STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-19STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-22STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-28STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-02MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-03SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-01-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-08WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-09RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-12CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-16STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-17STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-18BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-22SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-24WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-25CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-30MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-31RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-01ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-02MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-07BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-08RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-09STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-13SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-02-14SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-15BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-16STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-20MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-21RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-02-22WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-27RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-02-29MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-06STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-07WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-08SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-11STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-18STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-19STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-21SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-25STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-27WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).

6.3. Candlestick Patterns

Manulife Financial Corp Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Manulife Financial Corp based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5068.311
Ma 20Greater thanMa 5032.602
Ma 50Greater thanMa 10031.358
Ma 100Greater thanMa 20029.334
OpenGreater thanClose32.910
Total4/5 (80.0%)
Penke

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