John Hancock Premium Etf Probability of Future Etf Price Finishing Over 15.54
PDT Etf | USD 12.97 0.12 0.93% |
John |
John Hancock Target Price Odds to finish over 15.54
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 move over $ 15.54 or more in 90 days |
12.97 | 90 days | 15.54 | close to zero percent |
Based on a normal probability distribution, the odds of John Hancock to move over $ 15.54 or more in 90 days from now is close to zero percent (This John Hancock Premium probability density function shows the probability of John Etf to fall within a particular range of prices over 90 days) . Probability of John Hancock Premium price to stay between its current price of $ 12.97 and $ 15.54 at the end of the 90-day period is about 50.0 .
Considering the 90-day investment horizon John Hancock has a beta of 0.27 indicating as returns on the market go up, John Hancock average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding John Hancock Premium will be expected to be much smaller as well. Additionally John Hancock Premium has an alpha of 0.0289, implying that it can generate a 0.0289 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). John Hancock Price Density |
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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 Premium. 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.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 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 Premium, 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 | 0.27 | |
σ | Overall volatility | 0.25 | |
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 Premium can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.John Hancock Premium has 373.7 M in debt with debt to equity (D/E) ratio of 0.53, which is OK given its current industry classification. John Hancock Premium has a current ratio of 0.04, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist John Hancock until it has trouble settling it off, either with new capital or with free cash flow. So, John Hancock's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like John Hancock Premium sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for John to invest in growth at high rates of return. When we think about John Hancock's use of debt, we should always consider it together with cash and equity. | |
Latest headline from thelincolnianonline.com: John Hancock Premium Dividend Fund Announces 0.08 Monthly Dividend |
John Hancock Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of John Etf often depends not only on the future outlook of the current and potential John Hancock's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. John Hancock's indicators that are reflective of the short sentiment are summarized in the table below.
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 Premium. 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 Premium
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 Premium help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
John Hancock Premium has 373.7 M in debt with debt to equity (D/E) ratio of 0.53, which is OK given its current industry classification. John Hancock Premium has a current ratio of 0.04, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist John Hancock until it has trouble settling it off, either with new capital or with free cash flow. So, John Hancock's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like John Hancock Premium sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for John to invest in growth at high rates of return. When we think about John Hancock's use of debt, we should always consider it together with cash and equity. | |
Latest headline from thelincolnianonline.com: John Hancock Premium Dividend Fund Announces 0.08 Monthly Dividend |
Other Information on Investing in John Etf
John Hancock financial ratios help investors to determine whether John Etf 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 John with respect to the benefits of owning John Hancock security.