JHS Stock | | | USD 11.56 0.09 0.78% |
John Hancock financial indicator trend analysis is infinitely more than just investigating John Hancock Income recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether John Hancock Income is a good investment. Please check the relationship between John Hancock Cash and its Common Stock Shares Outstanding accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in John Hancock Income. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in rate.
Cash vs Common Stock Shares Outstanding
Cash vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
John Hancock Income Cash account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between John Hancock's Cash and Common Stock Shares Outstanding is -0.14. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of John Hancock Income, assuming nothing else is changed. The correlation between historical values of John Hancock's Cash and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of John Hancock Income are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Cash i.e., John Hancock's Cash and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | -0.14 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Cash
Cash refers to the most liquid asset of John Hancock Income, which is listed under current asset account on John Hancock Income balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from John Hancock customers. The amounts must be unrestricted with restricted cash listed in a different John Hancock account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from John Hancock's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into John Hancock Income current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in John Hancock Income. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in rate.
At this time, John Hancock's
Selling General Administrative is comparatively stable compared to the past year.
Enterprise Value is likely to gain to about 199.6
M in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.03 in 2024.
John Hancock fundamental ratios Correlations
Click cells to compare fundamentals
John Hancock Account Relationship Matchups
High Positive Relationship
High Negative Relationship
John Hancock fundamental ratios Accounts
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