Regional Bank Fund Quote
| JRBFX Fund | USD 23.16 0.22 0.94% |
Performance0 of 100
| Odds Of DistressLess than 23
|
Regional Bank is trading at 23.16 as of the 16th of April 2024; that is -0.94 percent decrease since the beginning of the trading day. The fund's open price was 23.38. Regional Bank has about a 23 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Regional Bank Fund are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 17th of March 2024 and ending today, the 16th of April 2024. Click here to learn more.
The fund normally invests at least 80 percent of its net assets in equity securities of regional banks. Such regional banks may be of any size and may include, but are not limited to, commercial banks, industrial banks, savings and loan associations, and financial and bank holding companies. More on Regional Bank Fund
Moving together with Regional Mutual Fund
| 0.64 | FRBAX | Regional Bank | PairCorr |
| 0.64 | FRBCX | Regional Bank | PairCorr |
Regional Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Regional Bank's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Regional Bank or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | John Hancock Funds, Large Funds, Financial Funds, Financial, John Hancock (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 1st of March 2023 |
| Fiscal Year End | October |
Regional Bank Fund [JRBFX] is traded in USA and was established 16th of April 2024. Regional Bank is listed under John Hancock category by Fama And French industry classification. The fund is listed under Financial category and is part of John Hancock family. Regional Bank currently has accumulated 744.07 M in assets under management (AUM) with no minimum investment requirements with the current yeild of 0.03%, while the total return for the last 3 years was -5.3%.
Check Regional Bank Probability Of Bankruptcy
Instrument Allocation
Top Regional Bank Fund Mutual Fund Constituents
| STI | Solidion Technology | Stock | Banks—Regional |
| ZION | Zions Bancorporation | Stock | Financials |
| BAC | Bank of America | Stock | Financials |
| WAL | Western Alliance Bancorporation | Stock | Financials |
| USB | US Bancorp | Stock | Financials |
| TFC | Truist Financial Corp | Stock | Financials |
| SIVB | SVB Financial Group | Stock | Financials |
Regional Bank Target Price Odds Analysis
Based on a normal probability distribution, the odds of Regional Bank jumping above the current price in 90 days from now is about 90.97%. The Regional Bank Fund probability density function shows the probability of Regional Bank mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Regional Bank Fund has a beta of -0.0636. This indicates as returns on the benchmark increase, returns on holding Regional Bank are expected to decrease at a much lower rate. During a bear market, however, Regional Bank Fund is likely to outperform the market. Additionally, regional Bank Fund has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Regional Bank to move above the current price in 90 days from now is about 90.97 (This Regional Bank Fund probability density function shows the probability of Regional Mutual Fund to fall within a particular range of prices over 90 days) .
Regional Bank Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Regional Bank market risk premium is the additional return an investor will receive from holding Regional Bank long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Regional Bank. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Regional Bank's alpha and beta are two of the key measurements used to evaluate Regional Bank's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.12 | |||
| Standard Deviation | 1.56 | |||
| Variance | 2.43 | |||
| Risk Adjusted Performance | (0.03) |
Regional Bank Against Markets
Picking the right benchmark for Regional Bank mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Regional Bank mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Regional Bank is critical whether you are bullish or bearish towards Regional Bank Fund at a given time. Please also check how Regional Bank's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Regional Bank without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Regional Mutual Fund?
Before investing in Regional Bank, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Regional Bank. To buy Regional Bank fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Regional Bank. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Regional Bank fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Regional Bank Fund fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Regional Bank Fund fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Regional Bank Fund, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Regional Bank Fund?
The danger of trading Regional Bank Fund is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Regional Bank is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Regional Bank. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Regional Bank is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Regional Bank Fund. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the Regional Bank information on this page should be used as a complementary analysis to other Regional Bank's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.