John Hancock Fund Forecast - Simple Regression

Simple Regression model is a single variable regression model that attempts to put a straight line through John Hancock price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

John Hancock Simple Regression Price Forecast For the 23rd of November

Given 90 days horizon, the Simple Regression forecasted value of John Hancock Financial on the next trading day is expected to be 37.18 with a mean absolute deviation of 0.89, mean absolute percentage error of 1.08, and the sum of the absolute errors of 54.44.

John Hancock Fund Forecast Pattern

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John Hancock Price Prediction

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John Hancock Forecasted Value

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of John Hancock fund data series using in forecasting. Note that when a statistical model is used to represent John Hancock fund, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality. In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as John Hancock Financial historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for John Hancock

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as John Hancock Financial. Regardless of method or technology, however, to accurately forecast the fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.

Hype Prediction Low Estimated High 36.78 38.23 39.68 Details

Intrinsic Valuation Low Real High 34.41 40.70 42.15 Details

Bollinger Band Projection (param) Low Middle High 32.21 35.97 39.74 Details

Other Forecasting Options for John Hancock

For every potential investor in John, whether a beginner or expert, John Hancock's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. John Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in John. Basic forecasting techniques help filter out the noise by identifying John Hancock's price trends.

John Hancock Related Equities

Risk & Return

Correlation

John Hancock Financial Technical and Predictive Analytics

The fund market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of John Hancock's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of John Hancock's current price.

John Hancock Market Strength Events

John Hancock Risk Indicators

Pair Trading with John Hancock

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if John Hancock position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in John Hancock will appreciate offsetting losses from the drop in the long position's value.

Other Information on Investing in John Fund