John Hancock Exchange Traded Etf Performance

JHID Etf   28.63  0.15  0.53%   
The etf retains a Market Volatility (i.e., Beta) of -0.0597, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning John Hancock are expected to decrease at a much lower rate. During the bear market, John Hancock is likely to outperform the market.

Risk-Adjusted Performance

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Over the last 90 days John Hancock Exchange Traded has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound forward indicators, John Hancock is not utilizing all of its potentials. The current stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
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John Hancock International High Dividend ETF Shares Bought by WealthPLAN Partners LLC
11/13/2024
  

John Hancock Relative Risk vs. Return Landscape

If you would invest  2,981  in John Hancock Exchange Traded on August 30, 2024 and sell it today you would lose (118.00) from holding John Hancock Exchange Traded or give up 3.96% of portfolio value over 90 days. John Hancock Exchange Traded is currently does not generate positive expected returns and assumes 0.8119% risk (volatility on return distribution) over the 90 days horizon. In different words, 7% of etfs are less volatile than John, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
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Given the investment horizon of 90 days John Hancock is expected to under-perform the market. In addition to that, the company is 1.04 times more volatile than its market benchmark. It trades about -0.07 of its total potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.15 per unit of volatility.

John Hancock Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for John Hancock's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as John Hancock Exchange Traded, and traders can use it to determine the average amount a John Hancock's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.0749

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Negative ReturnsJHID

Estimated Market Risk

 0.81
  actual daily
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93% of assets are more volatile

Expected Return

 -0.06
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Most of other assets have higher returns

Risk-Adjusted Return

 -0.07
  actual daily
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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.

About John Hancock Performance

By analyzing John Hancock's fundamental ratios, stakeholders can gain valuable insights into John Hancock's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if John Hancock has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if John Hancock has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
John Hancock generated a negative expected return over the last 90 days
Latest headline from thelincolnianonline.com: John Hancock International High Dividend ETF Shares Bought by WealthPLAN Partners LLC
When determining whether John Hancock Exchange is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if John Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about John Hancock Exchange Traded Etf. Highlighted below are key reports to facilitate an investment decision about John Hancock Exchange Traded Etf:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in John Hancock Exchange Traded. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
The market value of John Hancock Exchange 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.