Global Absolute Financials
| JHAIX Fund | USD 10.56 0.08 0.76% |
Global |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Global Absolute Fund Summary
Global Absolute competes with Regional Bank, Regional Bank, Multimanager Lifestyle, Multimanager Lifestyle, and Multimanager Lifestyle. The fund may use an extensive range of investment strategies and invest in a wide spectrum of equity and fixed-income securities, as well as derivative instruments, in pursuing its investment objective. It may invest in equity and fixed-income securities of companies and government and supranational entities around the world, including in emerging markets. The fund is not subject to any maturity, market capitalization, or credit quality restrictions and may invest in high-yield below-investment-grade bonds without limitation. It may invest significantly in particular economic sectors.Specialization | Tactical Allocation, Large Blend |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US47804M8780 |
| Business Address | John Hancock Funds |
| Mutual Fund Family | John Hancock |
| Mutual Fund Category | Tactical Allocation |
| Benchmark | Dow Jones Industrial |
| Phone | 888 972 8696 |
| Currency | USD - US Dollar |
Global Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Global Absolute's current stock value. Our valuation model uses many indicators to compare Global Absolute value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Global Absolute competition to find correlations between indicators driving Global Absolute's intrinsic value. More Info.Global Absolute Return is currently considered the top fund in price to earning among similar funds. It also is currently considered the top fund in price to book among similar funds fabricating about 0.11 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Global Absolute Return is roughly 9.33 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Global Absolute's earnings, one of the primary drivers of an investment's value.Global Absolute Return Systematic Risk
Global Absolute's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Global Absolute volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on Global Absolute Return correlated with the market. If Beta is less than 0 Global Absolute generally moves in the opposite direction as compared to the market. If Global Absolute Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Global Absolute Return is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Global Absolute is generally in the same direction as the market. If Beta > 1 Global Absolute moves generally in the same direction as, but more than the movement of the benchmark.
Global Absolute January 31, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Global Absolute help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Global Absolute Return. We use our internally-developed statistical techniques to arrive at the intrinsic value of Global Absolute Return based on widely used predictive technical indicators. In general, we focus on analyzing Global Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Global Absolute's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.4262 | |||
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 1.64 | |||
| Value At Risk | (0.58) | |||
| Potential Upside | 0.6763 |
Other Information on Investing in Global Mutual Fund
Global Absolute financial ratios help investors to determine whether Global 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 Global with respect to the benefits of owning Global Absolute security.
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