JHS Stock | | | USD 11.46 0.08 0.69% |
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 Common Stock Shares Outstanding and its Total Stockholder Equity 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.
Common Stock Shares Outstanding vs Total Stockholder Equity
Common Stock Shares Outstanding vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
John Hancock Income Common Stock Shares Outstanding account and
Total Stockholder Equity. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between John Hancock's Common Stock Shares Outstanding and Total Stockholder Equity is -0.56. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Total Stockholder Equity 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 Common Stock Shares Outstanding and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of John Hancock Income are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Common Stock Shares Outstanding i.e., John Hancock's Common Stock Shares Outstanding and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.56 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by 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.
Sales General And Administrative To Revenue is likely to gain to 2.45 in 2024, whereas
Enterprise Value Over EBITDA is likely to drop
(48.59) 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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