John Hancock Tax Advantaged Manager Performance
| HTYDelisted Fund | USD 4.99 0.00 0.00% |
The fund retains a Market Volatility (i.e., Beta) of 0.0789, which attests to not very significant fluctuations relative to the market. As returns on the market increase, John Hancock's returns are expected to increase less than the market. However, during the bear market, the loss of holding John Hancock is expected to be smaller as well.
Risk-Adjusted Performance
2 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in John Hancock Tax Advantaged are ranked lower than 2 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, John Hancock is not utilizing all of its potentials. The recent stock price disturbance, may contribute to short-term losses for the investors.
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| Expense Ratio | 1.3000 |
John |
John Hancock Relative Risk vs. Return Landscape
If you would invest 493.00 in John Hancock Tax Advantaged on January 27, 2024 and sell it today you would earn a total of 6.00 from holding John Hancock Tax Advantaged or generate 1.22% return on investment over 90 days. John Hancock Tax Advantaged is generating 0.0233% of daily returns assuming volatility of 0.6972% on return distribution over 90 days investment horizon. In other words, 6% of funds are less volatile than John, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
John Hancock Current Valuation
Overvalued
Today
Please note that John Hancock's price fluctuation is not too volatile at this time. At this time, the entity appears to be overvalued. John Hancock Tax retains a regular Real Value of $4.63 per share. The prevalent price of the fund is $4.99. We determine the value of John Hancock Tax from evaluating fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage acquiring undervalued funds and dropping overvalued funds since, at some point, fund prices and their ongoing real values will come together.
Our valuation method for John Hancock Tax Advantaged is useful when determining the fair value of the John fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of John Hancock. Since John Hancock is currently traded on the exchange, buyers and sellers on that exchange determine the market value of John Fund. However, John Hancock's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 4.99 | Real 4.63 | Hype 4.99 | Naive 4.9 |
The real value of John Fund, also known as its intrinsic value, is the underlying worth of John Hancock Tax Fund, which is reflected in its stock price. It is based on John Hancock's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of John Hancock's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence John Hancock's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of John Hancock Tax Advantaged helps investors to forecast how John fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of John Hancock more accurately as focusing exclusively on John Hancock's fundamentals will not take into account other important factors: 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 funds, such as John Hancock Tax Advantaged, 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 = 0.0334
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | HTY |
Estimated Market Risk
| 0.7 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average John Hancock is performing at about 2% 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 Fund 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 Fund performance.
| Return On Equity | 0.0072 | |||
| Return On Asset | 0.0053 | |||
| Shares Outstanding | 10.92 M | |||
| Price To Earning | 530.00 X | |||
| Revenue | 514.17 M | |||
| EBITDA | 213.04 M | |||
| Cash And Equivalents | 21.24 K | |||
| Cash Per Share | 0.07 X | |||
| Debt To Equity | 0.71 % | |||
| Cash Flow From Operations | 51.99 M | |||
| Earnings Per Share | 0.01 X | |||
| Total Asset | 571.35 M | |||
| Current Asset | 13.44 M | |||
| Current Liabilities | 109.19 M | |||
About John Hancock Performance
To evaluate John Hancock Tax Fund as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when John Hancock generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare John Fund's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand John Hancock Tax market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents John's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.John Hancock Investments - John Hancock Tax-Advantaged Global Shareholder Yield Fund is a closed ended equity mutual fund launched and managed by John Hancock Investment Management LLC. John Hancock Investments - John Hancock Tax-Advantaged Global Shareholder Yield Fund was formed on September 26, 2007 and is domiciled in the United States. John Hancock operates under Asset Management classification in the United States and is traded on New York Stock Exchange.Things to note about John Hancock Tax performance evaluation
Checking the ongoing alerts about John Hancock for important developments is a great way to find new opportunities for your next move. Fund alerts and notifications screener for John Hancock Tax help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| John Hancock Tax has a very high chance of going through financial distress in the upcoming years | |
| Latest headline from news.google.com: Where are the Opportunities in - Stock Traders Daily |
- Analyzing John Hancock's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether John Hancock's stock is overvalued or undervalued compared to its peers.
- Examining John Hancock's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating John Hancock's management team can have a significant impact on its success or failure. Reviewing the track record and experience of John Hancock's management team can help you assess the Fund's leadership.
- Pay attention to analyst opinions and ratings of John Hancock's fund. These opinions can provide insight into John Hancock's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in John Hancock Tax Advantaged. Also, note that the market value of any fund could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Other Consideration for investing in John Fund
If you are still planning to invest in John Hancock Tax check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the John Hancock's history and understand the potential risks before investing.
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