The Red Devils have amassed a disappointing eight points from a possible haul of 12 in the Champions League group stage while their recent 6-1 walloping at the hands of neighbours Manchester City has culminated in the latter holding a five point stranglehold over United in the Premier League table.
Nevertheless, the wily Ferguson is not unduly worried that his charges are not trailblazing their way in both domestic and continental competitions.
"The players have addressed the situation well and the collective response has been good," Ferguson said in an article in the Daily Telegraph.
"At this stage of the season what we try to do is get through to the new year near to the top."
"Top would be fine, but to be near the top would mean the run-in would present us with an opportunity."
"We have won five games in a row. That is momentum. We have had a few issues which, hopefully, we are gradually getting over."
"We have all worked really hard defending and, when you get the ball, you hope you produce enough football to win the match."
"Injuries always play a part. It does unsettle the balance of the team at times and sometimes we do have to rethink."
"We have Anderson and Tom Cleverley injured. Michael Carrick played his first game for a while on Saturday. Darren Fletcher has been out."
"We have made some changes to the team from the start of the season, which you don't envisage when you see them all fresh."
"We went through the United States pre-season tour without a single injury and then you get hit with a list of them."
With United leading their Champions League Group C table with eight points, level with Tuesday's opponents Benfica, Ferguson is keen for his side to sit tight at the summit of their group and avoid repercussions in the knockout phase.
"First of all, there are certain teams there [to avoid]. That is one issue, but the other is that second game [of the knockout tie] is at Old Trafford and that is an advantage," he said.
"It has always been our intention to finish top. To my mind, the main advantage is that we will have the return at Old Trafford. That is the bonus."
"It is a big game and we recognise it as a real European game, with Benfica's history and the number of great games they have had in the past sticks in your memory.
"Our last encounter, we drew 1-1 over there but the performance in the first game was good possession wise, and I thought we deserved the result until the last 15 minutes when Benfica played quite a bit. It is a game both teams will want to win so it should be quite an open battle."
United talisman Wayne Rooney suffered stud marks to his shin during their 1-0 win against Swansea last Saturday but Ferguson intimated that his forward should be fit to feature against the Portuguese giants.
"He should be OK," Ferguson said.
"There are one or two other knocks. Jonny Evans has a tightness in hamstring but it won't keep him out. Chris Smalling trained this morning but he won't play this game. He should be OK for Saturday."
Evans could slot in at centre-back alongside Rio Ferdinand with Serbian defender Nemanja Vidic forced to sit out once again due to suspension following his red card against Romanian outfit Otele Galati.