Alternative Asset Allocation Fund Quote

JAAPX Fund

USD 17.53 -0.02 -0.11%

The fund allocates its assets among other affiliated and unaffiliated underlying funds, including exchange-traded funds , that emphasize alternative or nontraditional asset categories or investment strategies such as international small-cap stocks, emerging-market equity, commodities, market neutral , global real estate, natural resources, TIPS , global bonds, high yield, bank loans, foreign currency trading strategies, absolute return strategies, managed futures, arbitrage strategies, tactical investment strategies, and emerging-market debt. John Hancock is traded on NASDAQ Exchange in the United States. With a beta of 0.15, ALTERNATIVE ASSET shows lower sensitivity to broader market movements. Volume of about 1 shares indicates limited liquidity; It falls under the Multistrategy category.

Performance

0High

14 · Balanced

NAV Risk Level

HighLow

18 · Below Average

ALTERNATIVE ASSET is priced at $17.53 in today’s session, reflecting 0.11% down today after opening at $17.55. ALTERNATIVE ASSET demonstrates a moderate probability of financial instability, with modeled odds near 18%. Over the prior 90 trading days, ALTERNATIVE ASSET has demonstrated strong risk-adjusted performance, in line with its balanced performance profile. The performance scores are based on the time frame from February 7, 2026 to May 8, 2026. Learn more.

Moving together with ALTERNATIVE Mutual Fund

0.96	BXMYX	Blackstone Alternative	Pair Corr
0.83	GARTX	Goldman Sachs Absolute	Pair Corr

Moving Against ALTERNATIVE Mutual Fund

0.37	BIMBX	BlackRock Alternative	Pair Corr
0.37	BMBCX	BlackRock Alternative	Pair Corr
0.36	BKMBX	BlackRock Systematic	Pair Corr
0.35	BAMBX	BlackRock Alternative	Pair Corr

Follow Daily Balance Of Power

Alternative Asset Allocation [JAAPX] is traded in USA. The fund is listed under the Multistrategy category and is part of the John Hancock family. This fund currently has accumulated $679.41 million in assets under management (AUM) with no minimum investment requirements. Alternative Asset is currently producing a year-to-date (YTD) return of 5.36%, while the total return for the last 3 years is 7.04%. ALTERNATIVE ASSET is an operator in the multistrategy segment where revenue is driven by core operating activity and end-market demand.

ALTERNATIVE ASSET financial stability analysis

Instrument Allocation

Mutual Fund Notable Updates

Legal Name	ALTERNATIVE ASSET ALLOCATION FUND CLASS R2
Fund Concentration	Multistrategy, John Hancock, Large Blend, Multistrategy, (View all Sectors)

ALTERNATIVE ASSET ALLOCATION FUND CLASS R2 NAV Analysis

Aligned With Model

Today

17.53

The valuation of Alternative Asset reflects its underlying holdings and portfolio composition over a 3 months horizon. Market pricing can deviate due to fund flows, liquidity conditions, or benchmark tracking differences.

17.24

Downside

17.46

Intrinsic Value

17.68

Upside

Current intrinsic value estimate framed by downside and upside probability thresholds.

Target Odds

Above Odds

Below Odds

Sector Allocation

Sector diversification is a key tool for managing portfolio risk. Broad sector allocation in ALTERNATIVE Mutual Fund typically reduces both expected return and expected risk.

Sector-focused funds such as Alternative Asset Allocation Mutual Fund are an efficient vehicle for implementing sector tilts. Sector-focused funds offer a practical diversification strategy for managing sector concentration.

Common Risk Profiles

	Mean Deviation	0.1764
	Semi Deviation	0.0811
	Standard Deviation	0.2326
	Variance	0.0541

Alternative Asset Allocation Against Markets

JAAPX		0.11	9.0%	0%	ALTERNATIVE ASSET Profile ALTERNATIVE ASSET Dashboard Technical analysis Backtest
NYA		1.17	100.0%	0%	NYSE Composite Profile NYSE Composite Dashboard Technical analysis Backtest

Competition

Compare Correlations

Top Alternative Asset Allocation Mutual Fund Constituents

ARBNX	The Arbitrage Fund	Mutual Fund
CBHIX	Victory Cemp Market	Mutual Fund
CMNIX	Calamos Market Neutral	Mutual Fund
CSAIX	Credit Suisse Managed	Mutual Fund
JHQRX	JPMorgan Hedged Equity	Mutual Fund

Predictive Daily Indicators

ALTERNATIVE ASSET's daily data helps shareholders distinguish genuine momentum from short-lived noise in the fund's holdings. With 679.4 M in fund assets, ALTERNATIVE ASSET's daily data benefits shareholders who want faster feedback on NAV-driving trends. For ALTERNATIVE ASSET in Multistrategy, comparing daily indicators against weekly momentum helps separate session-level noise from developing trends.

	Rate Of Daily Change	1.0
	Day Median Price	17.53
	Day Typical Price	17.53
	Price Action Indicator	-0.01
	Period Momentum Indicator	-0.02
	Relative Strength Index	69.05

Forecast Models

NAV projections for Alternative Asset Allocation within Multistrategy rely on smoothing, regression, and moving-average techniques applied to historical prices. At 1.4% yield, ALTERNATIVE ASSET's regression-based models capture NAV drift and trend but may underperform during manager turnover or style shifts. For ALTERNATIVE ASSET, comparing forecast dispersion across methods highlights periods when the fund's behavior is harder to predict.

Mutual Fund Overview, Methodology & Data Sources

Fund analysis emphasizes diversification, manager constraints, and fee drag. The five-year return stands at 4.0%.

Methodology

Unless otherwise specified, data for Alternative Asset Allocation is derived from fund disclosures (prospectus language, holdings reports, and periodic statements where available). Asset-level metrics are computed daily by Macroaxis LLC and refreshed regularly based on instrument type. Alternative Asset Allocation market data and reported NAV may reflect delayed updates. Data may be delayed depending on reporting sources and market conventions. All analytics presented are generated using Macroaxis quantitative models that incorporate financial statement analysis, market data, and risk metrics to ensure consistency and comparability. Assumptions: Macroaxis analytics incorporate public fund disclosures, holdings reports, and market data feeds and official disclosures from U.S. Securities and Exchange Commission (SEC) via EDGAR. Data harmonization may result in minor timing offsets. All analytics are generated using standardized, rules-based models designed to promote consistency and comparability across instruments. Model assumptions, reference parameters, and selected computational inputs are available in the Model Inputs section. If you have questions about our data sources or methodology, please contact Macroaxis Support.

Research Sources

Alternative Asset Allocation may have reference inputs that incorporate holdings disclosures, category classification, and NAV-derived statistics where available. Updates may occur throughout the day.

Editorial review and methodology oversight provided by: Ellen Johnson, Member of Macroaxis Editorial Board

	Naive Prediction
	Simple Exponential Smoothing
	Double Exponential Smoothing
	Triple Exponential Smoothing
	Simple Regression
	Polynomial Regression
	Simple Moving Average
	4 Period Moving Average
	8 Period Moving Average
	20 Period Moving Average