John Hancock Multifactor Etf Performance
| JHMM Etf | USD 64.80 0.75 1.17% |
The etf retains a Market Volatility (i.e., Beta) of 1.0, which attests to a somewhat significant risk relative to the market. John Hancock returns are very sensitive to returns on the market. As the market goes up or down, John Hancock is expected to follow.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in John Hancock Multifactor are ranked lower than 16 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating primary indicators, John Hancock may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
1 | Should John Hancock Multifactor Mid Cap ETF Be on Your Investing Radar - Yahoo Finance | 09/19/2024 |
2 | Is John Hancock Multifactor Mid Cap ETF a Strong ETF Right Now | 10/22/2024 |
3 | John Hancock Multifactor Mid Cap ETF Reaches New 52-Week High Heres What Happened | 11/06/2024 |
4 | LPL Financial LLC Acquires 243,928 Shares of John Hancock Multifactor Mid Cap ETF | 11/22/2024 |
| In Threey Sharp Ratio | 0.10 |
John |
John Hancock Relative Risk vs. Return Landscape
If you would invest 5,824 in John Hancock Multifactor on August 28, 2024 and sell it today you would earn a total of 656.00 from holding John Hancock Multifactor or generate 11.26% return on investment over 90 days. John Hancock Multifactor is currently generating 0.173% in daily expected returns and assumes 0.8379% risk (volatility on return distribution) over the 90 days horizon. In different words, 7% of etfs are less volatile than John, and 97% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
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 Multifactor, 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 = 0.2065
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Estimated Market Risk
| 0.84 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average John Hancock is performing at about 16% of its full potential. 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 it to a well-diversified portfolio.
John Hancock Fundamentals Growth
John Etf prices reflect investors' perceptions of the future prospects and financial health of John Hancock, and John Hancock fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on John Etf performance.
| Price To Earning | 20.16 X | |||
| Price To Book | 2.41 X | |||
| Price To Sales | 1.42 X | |||
| Total Asset | 2.29 B | |||
About John Hancock Performance
By examining John Hancock's fundamental ratios, stakeholders can obtain critical insights into John Hancock's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that John Hancock is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
The fund normally invests at least 80 percent of its net assets in securities that compose the funds index. JH Midcap is traded on NYSEARCA Exchange in the United States.| Latest headline from thelincolnianonline.com: LPL Financial LLC Acquires 243,928 Shares of John Hancock Multifactor Mid Cap ETF | |
| The fund retains 99.9% of its assets under management (AUM) in equities |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in John Hancock Multifactor. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
The market value of John Hancock Multifactor 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.