John Hancock Preferred Etf Price on November 12, 2024
HPS Etf | USD 15.45 0.09 0.58% |
Below is the normalized historical share price chart for John Hancock Preferred extending back to June 17, 2003. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of John Hancock stands at 15.45, as last reported on the 24th of November, with the highest price reaching 15.62 and the lowest price hitting 15.41 during the day.
If you're considering investing in John Etf, it is important to understand the factors that can impact its price. John Hancock Preferred holds Efficiency (Sharpe) Ratio of -0.0658, which attests that the entity had a -0.0658% return per unit of risk over the last 3 months. John Hancock Preferred exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out John Hancock's Standard Deviation of 0.7348, risk adjusted performance of (0.03), and Market Risk Adjusted Performance of (0.25) to validate the risk estimate we provide.
John Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
John |
Sharpe Ratio = -0.0658
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Estimated Market Risk
0.73 actual daily | 6 94% of assets are more volatile |
Expected Return
-0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average John Hancock is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of John Hancock by adding John Hancock to a well-diversified portfolio.
Market Capitalization 528.5 M |
John Hancock Valuation on November 12, 2024
It is possible to determine the worth of John Hancock on a given historical date. On November 12, 2024 John was worth 16.22 at the beginning of the trading date compared to the closed value of 15.94. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of John Hancock etf. Still, in general, we apply an absolute valuation method to find John Hancock's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of John Hancock where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against John Hancock's related companies.
Open | High | Low | Close | Volume | |
16.25 | 16.34 | 16.18 | 16.18 | 54,893 | |
11/12/2024 | 16.22 | 16.36 | 15.93 | 15.94 | 47,772 |
15.98 | 16.05 | 15.86 | 15.88 | 27,468 |
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John Hancock Trading Date Momentum on November 12, 2024
On November 13 2024 John Hancock Preferred was traded for 15.88 at the closing time. Highest John Hancock's price during the trading hours was 16.05 and the lowest price during the day was 15.86 . The net volume was 27.5 K. The overall trading history on the 13th of November 2024 contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 0.38% . The trading delta at closing time to current price is 2.51% . |
John Hancock Preferred Fundamentals Correlations and Trends
By evaluating John Hancock's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among John Hancock's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. John financial account trend analysis is a perfect complement when working with valuation or volatility modules.About John Hancock Etf history
John Hancock investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for John is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in John Hancock Preferred will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing John Hancock stock prices may prove useful in developing a viable investing in John Hancock
John Hancock Preferred Income Fund III is a closed ended fixed income mutual fund launched and managed by John Hancock Investment Management LLC. It is co-managed by John Hancock Asset Management. The fund invests in the fixed income markets of the United States. It seeks to invest in securities of companies operating across diversified sectors. The fund primarily invests in preferred securities or other fixed-income securities rated investment grade or higher by Moodys or Standard Poors. It benchmarks the performance of its portfolio against the Bank of America Merrill Lynch Hybrid Preferred Securities Index and Barclays U.S. Aggregate Bond Index. John Hancock Preferred Income Fund III was formed on June 19, 2003 and is domiciled in the United States.
John Hancock Etf Technical Analysis
John Hancock technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
John Hancock Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
John Hancock Preferred cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
John Hancock November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how John Hancock etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading John Hancock shares will generate the highest return on investment. By undertsting and applying John Hancock etf market strength indicators, traders can identify John Hancock Preferred entry and exit signals to maximize returns
John Hancock Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for John Hancock's price direction in advance. Along with the technical and fundamental analysis of John Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of John to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.03) | |||
Jensen Alpha | (0.06) | |||
Total Risk Alpha | (0.16) | |||
Treynor Ratio | (0.26) |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in John Hancock Preferred. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
The market value of John Hancock Preferred 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.