John Hancock Competition
| JHDV Etf | USD 41.99 1.04 2.54% |
John Hancock vs IShares ESG Correlation
Almost no diversification
The correlation between John Hancock Exchange and EAOK is 0.95 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding John Hancock Exchange and EAOK in the same portfolio, assuming nothing else is changed.
Moving together with John Etf
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of John Hancock's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
John Hancock Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between John Hancock and its competitors represents the degree of relationship between the price movements of corresponding etfs. A correlation of about +1.0 implies that the price of John 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 John Hancock Exchange does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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John Hancock Constituents Risk-Adjusted Indicators
There is a big difference between John Etf performing well and John Hancock ETF 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 John Hancock'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| JHID | 0.52 | 0.17 | 0.23 | 0.33 | 0.36 | 1.02 | 2.65 | |||
| HAUS | 0.67 | 0.06 | 0.04 | 0.18 | 0.72 | 1.47 | 3.86 | |||
| BDVG | 0.49 | 0.06 | 0.08 | 0.13 | 0.44 | 1.04 | 2.91 | |||
| SLJY | 2.24 | 0.43 | 0.11 | 0.33 | 3.24 | 5.25 | 21.27 | |||
| FLJJ | 0.17 | 0.00 | (0.07) | 0.05 | 0.24 | 0.38 | 1.48 | |||
| FDTS | 0.67 | 0.21 | 0.26 | 0.35 | 0.48 | 1.50 | 4.06 | |||
| GIND | 0.65 | (0.11) | 0.00 | (0.24) | 0.00 | 0.87 | 4.14 | |||
| BGRO | 0.88 | (0.18) | 0.00 | (0.18) | 0.00 | 1.82 | 5.38 | |||
| BUYZ | 1.10 | (0.37) | 0.00 | (0.30) | 0.00 | 1.94 | 7.07 | |||
| EAOK | 0.21 | 0.00 | (0.09) | 0.03 | 0.23 | 0.44 | 1.35 |
John Hancock Competitive Analysis
The better you understand John Hancock competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, John Hancock'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 John Hancock'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 |
John Hancock Competition Performance Charts
Five steps to successful analysis of John Hancock Competition
John Hancock'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 John Hancock Exchange in relation to its competition. John Hancock's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of John Hancock 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 John Hancock's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to John Hancock Exchange, 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.
Complement your John Hancock position
In addition to having John Hancock 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.Did You Try This Idea?
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Real Estate ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Real Estate ETFs theme has 69 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 Real Estate ETFs Theme or any other thematic opportunities.
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Check out John Hancock Correlation with its peers. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Understanding John Hancock Exchange requires distinguishing between market price and book value, where the latter reflects John's accounting equity. The concept of intrinsic value - what John Hancock's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Investment professionals apply varied valuation frameworks to compute inherent worth and acquire positions when market prices trade at discounts to calculated value. Market sentiment, economic cycles, and investor behavior can push John Hancock's price substantially above or below its fundamental value.
Understanding that John Hancock's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether John Hancock represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. In contrast, John Hancock's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.