| 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 Retained Earnings and its Other Current Assets 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.
Retained Earnings vs Other Current Assets
Retained Earnings vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
John Hancock Income Retained Earnings account and
Other Current Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between John Hancock's Retained Earnings and Other Current Assets is -0.38. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Other Current Assets 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 Retained Earnings and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of John Hancock Income are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Retained Earnings i.e., John Hancock's Retained Earnings and Other Current Assets go up and down completely randomly.
Correlation Coefficient | -0.38 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
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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