John Hancock Multifactor Etf Price on November 21, 2024

JHEM Etf  USD 26.77  0.05  0.19%   
Below is the normalized historical share price chart for John Hancock Multifactor extending back to September 28, 2018. 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 26.77, as last reported on the 1st of December, with the highest price reaching 26.80 and the lowest price hitting 26.50 during the day.
3 y Volatility
16.85
200 Day MA
26.8129
1 y Volatility
12.9
50 Day MA
27.8296
Inception Date
2018-09-27
 
Covid
If you're considering investing in John Etf, it is important to understand the factors that can impact its price. As of now, John Etf is very steady. John Hancock Multifactor holds Efficiency (Sharpe) Ratio of 0.0069, which attests that the entity had a 0.0069% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for John Hancock Multifactor, which you can use to evaluate the volatility of the entity. Please check out John Hancock's Risk Adjusted Performance of (0.01), standard deviation of 1.08, and Market Risk Adjusted Performance of (0.07) to validate if the risk estimate we provide is consistent with the expected return of 0.0074%.
  
John Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0069

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Negative ReturnsJHEM

Estimated Market Risk

 1.07
  actual daily
9
91% of assets are more volatile

Expected Return

 0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.01
  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.
Average Mkt Cap Mil
34.5 K

John Hancock Valuation on November 21, 2024

It is possible to determine the worth of John Hancock on a given historical date. On November 21, 2024 John was worth 26.75 at the beginning of the trading date compared to the closed value of 26.73. 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
  26.76    26.78    26.70    26.78    7,626  
11/21/2024
  26.75    26.78    26.72    26.73    12,100  
  26.69    26.77    26.69    26.77    3,434  
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Open Value
26.75
26.73
Closing Value
29.97
Upside

John Hancock Trading Date Momentum on November 21, 2024

On November 22 2024 John Hancock Multifactor was traded for  26.77  at the closing time. The top price for the day was 26.77  and the lowest listed price was  26.69 . The trading volume for the day was 3.4 K. The trading history from November 22, 2024 was a factor to the next trading day price boost. The trading delta at closing time against the next closing price was 0.15% . The trading delta at closing time against the current closing price is 0.86% .

John Hancock Multifactor 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 Multifactor 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
The fund normally invests at least 80 percent of its net assets in securities included in the index, in depositary receipts representing securities included in the index, and in underlying stocks in respect of depositary receipts included in the index. JH Multifactor is traded on NYSEARCA Exchange 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.
A focus of John Hancock technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of John Hancock trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

John Hancock Period Price Range

Low
December 1, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

John Hancock Multifactor cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA 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 December 1, 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 Multifactor 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.
When determining whether John Hancock Multifactor offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of John Hancock's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of John Hancock Multifactor Etf. Outlined below are crucial reports that will aid in making a well-informed decision on John Hancock Multifactor Etf:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in John Hancock Multifactor. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
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.