John Hancock Multifactor Etf Probability of Future Etf Price Finishing Under 64.26
JHMM Etf | USD 64.80 0.75 1.17% |
John |
John Hancock Target Price Odds to finish below 64.26
The tendency of John Etf price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current Price | Horizon | Target Price | Odds to drop to $ 64.26 or more in 90 days |
64.80 | 90 days | 64.26 | about 99.0 |
Based on a normal probability distribution, the odds of John Hancock to drop to $ 64.26 or more in 90 days from now is about 99.0 (This John Hancock Multifactor probability density function shows the probability of John Etf to fall within a particular range of prices over 90 days) . Probability of John Hancock Multifactor price to stay between $ 64.26 and its current price of $64.8 at the end of the 90-day period is near 1 .
Given the investment horizon of 90 days John Hancock has a beta of 1.0. This indicates John Hancock Multifactor market returns are highly reactive to returns on the market. As the market goes up or down, John Hancock is expected to follow. Additionally John Hancock Multifactor has an alpha of 0.0318, implying that it can generate a 0.0318 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). John Hancock Price Density |
Price |
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 Multifactor. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf 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.John Hancock Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. John Hancock is not an exception. The market had few large corrections towards the John Hancock's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold John Hancock Multifactor, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of John Hancock within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | 1.00 | |
σ | Overall volatility | 1.80 | |
Ir | Information ratio | 0.04 |
John Hancock Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of John Hancock for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for John Hancock Multifactor can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.Latest headline from thelincolnianonline.com: LPL Financial LLC Acquires 243,928 Shares of John Hancock Multifactor Mid Cap ETF | |
The fund retains 99.9% of its assets under management (AUM) in equities |
John Hancock Technical Analysis
John Hancock's future price can be derived by breaking down and analyzing its technical indicators over time. John Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of John Hancock Multifactor. In general, you should focus on analyzing John Etf price patterns and their correlations with different microeconomic environments and drivers.
John Hancock Predictive Forecast Models
John Hancock's time-series forecasting models is one of many John Hancock's etf analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary John Hancock's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the etf market movement and maximize returns from investment trading.
Things to note about John Hancock Multifactor
Checking the ongoing alerts about John Hancock for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for John Hancock Multifactor help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Latest headline from thelincolnianonline.com: LPL Financial LLC Acquires 243,928 Shares of John Hancock Multifactor Mid Cap ETF | |
The fund retains 99.9% of its assets under management (AUM) in equities |
Check out John Hancock Backtesting, Portfolio Optimization, John Hancock Correlation, John Hancock Hype Analysis, John Hancock Volatility, John Hancock History as well as John Hancock Performance. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
The market value of John Hancock Multifactor is measured differently than its book value, which is the value of John that is recorded on the company's balance sheet. Investors also form their own opinion of John Hancock's value that differs from its market value or its book value, called intrinsic value, which is John Hancock's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because John Hancock's market value can be influenced by many factors that don't directly affect John Hancock's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between John Hancock's value and its price as these two are different measures arrived at by different means. Investors typically determine if John Hancock is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, John Hancock's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.