| 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 Total Assets and its Cash And Short Term Investments 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.
Total Assets vs Cash And Short Term Investments
Total Assets vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
John Hancock Income Total Assets account and
Cash And Short Term Investments. At this time, the significance of the direction appears to have weak relationship.
The correlation between John Hancock's Total Assets and Cash And Short Term Investments is 0.34. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Cash And Short Term Investments 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 Total Assets and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of John Hancock Income are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Total Assets i.e., John Hancock's Total Assets and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.34 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Total Assets
Total assets refers to the total amount of John Hancock assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in John Hancock Income books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of John Hancock Income balance sheet. This account contains John Hancock investments that will expire within one year. These investments include stocks and bonds that can be liquidated by John Hancock Income fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
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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Additional Tools for John Stock Analysis
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predict the probability of John Hancock's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move John Hancock's price. Additionally, you may evaluate how the addition of John Hancock to your portfolios can decrease your overall portfolio volatility.