Jhancock Multimanager Competition

JAAZX Fund

USD 13.94 0.08 0.58%

Jhancock Multimanager competes with Franklin Emerging, Angel Oak, Shelton Emerging, Eagle Mlp, and Ashmore Emerging; as well as few others. The fund is listed under Target-Date 2065+ category and is part of John Hancock family. Analyzing Jhancock Multimanager competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Jhancock Multimanager to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Jhancock Multimanager Correlation with its peers.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Jhancock Multimanager competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
13.22	13.86	14.50

Details

Intrinsic

Valuation

Low	Real	High
13.09	13.73	14.37

Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Jhancock Multimanager. Your research has to be compared to or analyzed against Jhancock Multimanager's peers to derive any actionable benefits. When done correctly, Jhancock Multimanager's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Jhancock Multimanager.

Jhancock Multimanager Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Jhancock Multimanager and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of JHancock and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Jhancock Multimanager does not affect the price movement of the other competitor.

	FEMDX	ANGCX	EMSLX	EGLNX	EMCIX	REMVX	PIEFX
FEMDX		-0.42	0.43	0.75	0.48	0.35	0.62	FEMDX
ANGCX	-0.42		0.08	-0.64	-0.07	0.15	-0.22	ANGCX
EMSLX	0.43	0.08		-0.12	0.75	0.98	0.92	EMSLX
EGLNX	0.75	-0.64	-0.12		0.14	-0.21	0.14	EGLNX
EMCIX	0.48	-0.07	0.75	0.14		0.77	0.73	EMCIX
REMVX	0.35	0.15	0.98	-0.21	0.77		0.89	REMVX
PIEFX	0.62	-0.22	0.92	0.14	0.73	0.89		PIEFX
	FEMDX	ANGCX	EMSLX	EGLNX	EMCIX	REMVX	PIEFX

Click cells to compare fundamentals

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High positive correlations

REMVX	+ 0.98	EMSLX
PIEFX	+ 0.92	EMSLX
PIEFX	+ 0.89	REMVX
REMVX	+ 0.77	EMCIX
EGLNX	+ 0.75	FEMDX
EMCIX	+ 0.75	EMSLX

High negative correlations

EGLNX	- 0.64	ANGCX
ANGCX	- 0.42	FEMDX
PIEFX	- 0.22	ANGCX
REMVX	- 0.21	EGLNX
EGLNX	- 0.12	EMSLX
EMCIX	- 0.07	ANGCX

Risk-Adjusted Indicators

There is a big difference between JHancock Mutual Fund performing well and Jhancock Multimanager Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Jhancock Multimanager's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
FEMDX	0.15	0.03	(0.40)	0.58	0.00	(0.21)	0.42	(0.25)	1.08
ANGCX	0.10	(0.01)	(0.75)	0.42	0.11	(0.16)	0.23	(0.23)	0.70
EMSLX	0.72	(0.05)	0.00	(0.10)	0.00	0.00	1.76	(1.08)	6.36
EGLNX	0.69	0.22	0.18	0.64	0.46	(0.84)	1.73	(1.06)	4.48
EMCIX	0.15	(0.01)	0.00	0.61	0.00	0.00	0.52	(0.34)	0.87
REMVX	0.85	(0.08)	0.00	(0.10)	0.00	0.00	1.74	(2.04)	6.85
PIEFX	0.79	(0.07)	(0.11)	0.00	0.98	(0.91)	1.82	(1.45)	4.54

Unable to evaluate fundamental data of [FEMDX, ANGCX, EMSLX, EGLNX, EMCIX, REMVX, PIEFX] at this time. Please try again later

All Fundamental Data

Jhancock Multimanager Competitive Analysis

The better you understand Jhancock Multimanager competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Jhancock Multimanager's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Jhancock Multimanager's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	JAAZX	FEMDX	ANGCX	EMSLX	EGLNX	EMCIX	REMVX	PIEFX
	0.58 13.94 JHancock	0.16 12.15 Franklin	0.23 8.58 Angel	0.06 17.64 Shelton	0.45 11.15 Eagle	0.17 5.76 Ashmore	0.24 8.35 Rbc	0.32 15.68 Pnc
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Not too volatile	Very steady
Market Performance (90 Days Performance)	Good	Solid	Very Weak	Weak	Solid	Insignificant	Weak	Insignificant
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Fairly Valued	Over Valued	Over Valued	Fairly Valued	Under Valued	Fairly Valued	Fairly Valued	Fairly Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Buy	Strong Sell	Cautious Hold	Hold	Strong Buy	Cautious Hold	Strong Hold	Strong Hold
Net Asset	70.06 M	524.95 M	2.79 B	26.47 M	92.23 M	79.65 M	59.32 M	64.61 M
Minimum Initial Investment	N/A	1000 K	N/A	N/A	N/A	1000 K	250 K	1000 K
Price To Book	N/A	N/A	0.47 X	N/A	N/A	N/A	N/A	N/A
Five Year Return	N/A	5.09 %	(0.65) %	N/A	23.42 %	(0.78) %	4.95 %	5.79 %
Last Dividend Paid	0.05	0.8	0.03	0.04	0.07	0.04	0.03	0.05
One Year Return	N/A	17.91 %	8.57 %	N/A	52.96 %	12.58 %	12.10 %	15.99 %
Price To Earning	N/A	N/A	N/A	N/A	N/A	48.38 X	N/A	N/A
Price To Sales	N/A	N/A	0.07 X	N/A	N/A	1.25 X	N/A	N/A
Cash Position Weight	4.16 %	11.87 %	5.66 %	5.15 %	1.77 %	3.06 %	2.29 %	4.43 %
Equity Positions Weight	91.21 %	N/A	0.31 %	94.85 %	98.22 %	0.17 %	97.71 %	95.57 %
Three Year Return	N/A	5.71 %	(1.25) %	N/A	32.41 %	(3.31) %	(1.34) %	(7.19) %
Annual Yield	0.01 %	0.03 %	0.05 %	0.01 %	0.05 %	0.05 %	0.04 %	0.01 %
Bond Positions Weight	0.63 %	81.05 %	2.06 %	N/A	N/A	93.70 %	N/A	N/A
Year To Date Return	N/A	12.63 %	6.39 %	N/A	51.98 %	8.82 %	5.97 %	14.84 %
Ten Year Return	N/A	4.16 %	N/A	N/A	N/A	N/A	N/A	N/A
Day Typical Price	13.94	12.15	8.58	17.64	11.15	5.76	8.35	15.68
Daily Balance Of Power	9.2 T	9.2 T	9.2 T	(9,223,372,036,855)	9.2 T	9.2 T	(9,223,372,036,855)	(9,223,372,036,855)
Period Momentum Indicator	0.08	0.02	0.02	(0.01)	0.05	0.01	(0.02)	(0.05)
Rate Of Daily Change	1.01	1.0	1.0	1.0	1.0	1.0	1.0	1.0
Day Median Price	13.94	12.15	8.58	17.64	11.15	5.76	8.35	15.68
Price Action Indicator	0.04	0.01	0.01	(0.01)	0.025	0.005	(0.01)	(0.03)
Relative Strength Index	69.24	70.83	41.29	51.76	82.07	55.37	40.7	49.55
Coefficient Of Variation	1045.99	426.15	148063.4	(7,020)	326.26	(9,436)	(4,342)	8591.44
Mean Deviation	0.5238	0.1497	0.0954	0.7157	0.6907	0.1505	0.8548	0.7851
Jensen Alpha	(0.03)	0.0297	(0.01)	(0.05)	0.2164	(0.01)	(0.08)	(0.07)
Total Risk Alpha	(0.05)	0.0069	(0.03)	(0.18)	0.1296	(0.05)	(0.22)	(0.15)
Sortino Ratio	(0.08)	(0.40)	(0.75)	N/A	0.1756	N/A	N/A	(0.11)
Downside Variance	0.5654	0.0389	0.0277	N/A	0.7194	N/A	N/A	1.09
Standard Deviation	0.6903	0.2006	0.1372	1.02	0.8949	0.2246	1.18	1.04
Kurtosis	1.03	1.75	1.69	2.68	1.03	0.9371	1.83	0.237
Potential Upside	1.04	0.4205	0.2318	1.76	1.73	0.5208	1.74	1.82
Treynor Ratio	0.075	0.5837	0.4198	(0.10)	0.6372	0.6129	(0.1)	0.0036
Maximum Drawdown	3.07	1.08	0.7029	6.36	4.48	0.8705	6.85	4.54
Variance	0.4766	0.0402	0.0188	1.04	0.8009	0.0504	1.4	1.09
Market Risk Adjusted Performance	0.085	0.5937	0.4298	(0.09)	0.6472	0.6229	(0.09)	0.0136
Risk Adjusted Performance	0.0722	0.1516	(0.05)	(0.01)	0.2363	(0.03)	(0.01)	0.0116
Skewness	(0.37)	0.758	0.4827	(0.32)	(0.01)	0.7788	0.4433	(0.06)
Semi Deviation	0.6144	0.0	0.1106	N/A	0.4644	N/A	N/A	0.9763
Information Ratio	(0.09)	(0.39)	(0.91)	(0.14)	0.1664	(0.57)	(0.13)	(0.11)
Value At Risk	(0.95)	(0.25)	(0.23)	(1.08)	(1.06)	(0.34)	(2.04)	(1.45)
Expected Short fall	(0.61)	(0.21)	(0.16)	N/A	(0.84)	N/A	N/A	(0.91)
Downside Deviation	0.7519	0.1972	0.1666	N/A	0.8481	N/A	N/A	1.04
Semi Variance	0.3775	(0.03)	0.0122	N/A	0.2156	N/A	N/A	0.9532

Jhancock Multimanager Competition Performance Charts

Five steps to successful analysis of Jhancock Multimanager Competition

Jhancock Multimanager's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Jhancock Multimanager in relation to its competition. Jhancock Multimanager's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Jhancock Multimanager in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Jhancock Multimanager's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Jhancock Multimanager, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Jhancock Multimanager position

In addition to having Jhancock Multimanager in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Communication

Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Communication theme has 61 constituents at this time.

You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Communication Theme or any other thematic opportunities.

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Other Information on Investing in JHancock Mutual Fund

Jhancock Multimanager financial ratios help investors to determine whether JHancock Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in JHancock with respect to the benefits of owning Jhancock Multimanager security.

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