John Hancock Income Stock Market Value
| JHS Stock | USD 11.44 0.01 0.09% |
| Symbol | John |
John Hancock Income Price To Book Ratio
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of John Hancock. If investors know John will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about John Hancock listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.77) | Dividend Share 0.414 | Earnings Share 0.02 | Revenue Per Share 0.942 | Quarterly Revenue Growth 0.197 |
The market value of John Hancock Income 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.
John Hancock 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to John Hancock's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of John Hancock.
| 05/09/2024 |
| 11/05/2024 |
If you would invest 0.00 in John Hancock on May 9, 2024 and sell it all today you would earn a total of 0.00 from holding John Hancock Income or generate 0.0% return on investment in John Hancock over 180 days. John Hancock is related to or competes with MFS High, MFS Investment, Blackrock Muniholdings, Eaton Vance, Invesco High, Blackrock Muniholdings, and Nuveen California. John Hancock Income Securities Trust is a closed ended fixed income mutual fund launched and managed by John Hancock Inv... More
John Hancock Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure John Hancock's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess John Hancock Income upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5359 | |||
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 3.04 | |||
| Value At Risk | (0.62) | |||
| Potential Upside | 0.613 |
John Hancock Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for John Hancock's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as John Hancock's standard deviation. In reality, there are many statistical measures that can use John Hancock historical prices to predict the future John Hancock's volatility.| Risk Adjusted Performance | (0.0002) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.14) | |||
| Treynor Ratio | (0.03) |
John Hancock Income Backtested Returns
Currently, John Hancock Income is very steady. John Hancock Income holds Efficiency (Sharpe) Ratio of 0.0935, which attests that the entity had a 0.0935% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for John Hancock Income, which you can use to evaluate the volatility of the firm. Please check out John Hancock's Downside Deviation of 0.5359, market risk adjusted performance of (0.02), and Risk Adjusted Performance of (0.0002) to validate if the risk estimate we provide is consistent with the expected return of 0.0388%. John Hancock has a performance score of 7 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.23, 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. John Hancock Income right now retains a risk of 0.41%. Please check out John Hancock potential upside, and the relationship between the total risk alpha and kurtosis , to decide if John Hancock will be following its current trending patterns.
Auto-correlation | -0.5 |
Modest reverse predictability
John Hancock Income has modest reverse predictability. Overlapping area represents the amount of predictability between John Hancock time series from 9th of May 2024 to 7th of August 2024 and 7th of August 2024 to 5th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of John Hancock Income price movement. The serial correlation of -0.5 indicates that about 50.0% of current John Hancock price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.5 | |
| Spearman Rank Test | 0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
John Hancock Income lagged returns against current returns
Autocorrelation, which is John Hancock stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting John Hancock's stock expected returns. We can calculate the autocorrelation of John Hancock returns to help us make a trade decision. For example, suppose you find that John Hancock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
John Hancock regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If John Hancock stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if John Hancock stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in John Hancock stock over time.
Current vs Lagged Prices |
| Timeline |
John Hancock Lagged Returns
When evaluating John Hancock's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of John Hancock stock have on its future price. John Hancock autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, John Hancock autocorrelation shows the relationship between John Hancock stock current value and its past values and can show if there is a momentum factor associated with investing in John Hancock Income.
Regressed Prices |
| Timeline |
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Additional Tools for John Stock Analysis
When running John Hancock's price analysis, check to measure John Hancock's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy John Hancock is operating at the current time. Most of John Hancock's value examination focuses on studying past and present price action to 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.