John Hancock Competition

JGSRX Fund

USD 11.58 0.03 0.26%

John Hancock Global competes with Virtus Convertible, Advent Claymore, Calamos Dynamic, Gabelli Convertible, and Rational/pier; as well as few others. The fund is listed under World Large-Stock Value category and is part of John Hancock family. Analyzing John Hancock competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of John Hancock to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out John Hancock Correlation with its peers.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of John Hancock competition on your existing holdings.

Specify up to 10 symbols:

Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of John Hancock's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.

Hype

Prediction

Low	Estimated	High
10.96	11.58	12.20

Details

Intrinsic

Valuation

Low	Real	High
10.90	11.52	12.14

Details

Naive

Forecast

Low	Next	High
10.61	11.23	11.85

Details

Bollinger

Band Projection (param)

Lower	Middle Band	Upper
11.36	11.59	11.81

Details

John Hancock Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between John Hancock and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of John and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of John Hancock Global does not affect the price movement of the other competitor.

	VAADX	AVK	CCD	GCV	PBXIX	ARBOX
VAADX		0.84	0.6	0.84	0.93	0.54	VAADX
AVK	0.84		0.85	0.71	0.84	0.67	AVK
CCD	0.6	0.85		0.47	0.63	0.7	CCD
GCV	0.84	0.71	0.47		0.82	0.28	GCV
PBXIX	0.93	0.84	0.63	0.82		0.56	PBXIX
ARBOX	0.54	0.67	0.7	0.28	0.56		ARBOX
	VAADX	AVK	CCD	GCV	PBXIX	ARBOX

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between John Mutual Fund performing well and John Hancock Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze John Hancock's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
VAADX	0.42	0.01	0.00	0.04	0.55	(0.46)	0.98	(0.89)	3.41
AVK	0.63	0.03	0.03	0.06	0.85	(0.65)	1.07	(1.17)	4.09
CCD	0.83	0.07	0.05	0.10	1.10	(0.80)	1.62	(1.86)	4.84
GCV	0.78	0.05	0.05	0.07	0.94	(0.86)	1.42	(1.36)	5.33
PBXIX	0.32	0.01	(0.01)	0.04	0.36	(0.35)	0.66	(0.74)	1.51
ARBOX	0.05	0.01	(0.12)	1.01	0.00	(0.10)	0.09	(0.09)	0.27

John Hancock Competitive Analysis

The better you understand John Hancock competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, John Hancock's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across John Hancock's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	JGSRX	VAADX	AVK	CCD	GCV	PBXIX	ARBOX
	0.26 11.58 John	0.28 32.33 Virtus	1.02 11.91 Advent	0.41 22.25 Calamos	1.65 3.70 Gabelli	0.66 10.71 Rational/pier	0.09 11.22 Absolute
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Somewhat reliable	Very steady	Very steady
Market Performance (90 Days Performance)	OK	Insignificant	Modest	OK	OK	Modest	Strong
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Over Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Strong Hold	Strong Hold	Strong Hold	Buy	Strong Hold	Strong Hold	Strong Sell
Net Asset	2.24 B	1.76 B	N/A	N/A	N/A	99.14 M	800.62 M
Price To Book	1.91 X	N/A	0.74 X	N/A	0.78 X	N/A	N/A
Five Year Return	7.72 %	N/A	5.68 %	9.97 %	3.12 %	N/A	N/A
One Year Return	15.89 %	N/A	13.00 %	11.40 %	3.28 %	9.67 %	N/A
Last Dividend Paid	0.11	N/A	1.41	2.34	0.53	0.04	N/A
Price To Earning	15.33 X	N/A	10.66 X	2.31 X	3.39 X	N/A	N/A
Beta	N/A	N/A	1.28	1.3	1.0	N/A	N/A
Price To Sales	1.29 X	N/A	15.81 X	N/A	51.52 X	N/A	N/A
Equity Positions Weight	99.30 %	2.43 %	N/A	N/A	N/A	22.96 %	(34.50) %
Cash Position Weight	N/A	4.74 %	N/A	N/A	N/A	4.03 %	45.81 %
Three Year Return	5.32 %	N/A	(4.42) %	(5.24) %	(8.09) %	0.06 %	N/A
Annual Yield	0.02 %	N/A	0.01 %	0.01 %	0.02 %	0.02 %	N/A
Year To Date Return	6.99 %	N/A	0.39 %	0.58 %	0.59 %	2.45 %	N/A
Ten Year Return	6.92 %	N/A	N/A	N/A	N/A	N/A	N/A
Day Typical Price	11.58	32.33	11.88	22.17	3.68	10.71	11.22
Accumulation Distribution	N/A	N/A	0.0167	0.0139	0.0189	N/A	N/A
Market Facilitation Index	N/A	N/A	0.2	0.31	0.07	N/A	N/A
Daily Balance Of Power	(9,223,372,036,855)	(9,223,372,036,855)	0.6	0.2903	0.8571	9.2 T	(9,223,372,036,855)
Period Momentum Indicator	(0.03)	(0.09)	0.12	0.09	0.06	0.07	(0.01)
Rate Of Daily Change	1.0	1.0	1.01	1.0	1.02	1.01	1.0
Day Median Price	11.58	32.33	11.86	22.13	3.67	10.71	11.22
Price Action Indicator	(0.01)	(0.04)	0.11	0.17	0.065	0.035	(0.01)
Relative Strength Index	55.97	59.09	50.35	54.48	52.66	53.21	78.28
Coefficient Of Variation	1044.27	1574.63	1231.63	1031.21	1113.92	1378.39	259.22
Mean Deviation	0.478	0.4213	0.6253	0.8267	0.7816	0.3189	0.0515
Jensen Alpha	0.0259	0.0111	0.0324	0.0686	0.0543	0.005	0.0139
Total Risk Alpha	0.0236	0.0031	0.0223	0.0489	0.0405	0.0026	0.0117
Sortino Ratio	0.0325	0.0024	0.0304	0.0545	0.051	(0.01)	(0.12)
Downside Variance	0.5068	0.4284	0.9644	1.5	1.28	0.2121	0.0094
Standard Deviation	0.6173	0.5902	0.8103	1.06	1.04	0.4026	0.0629
Kurtosis	0.2566	3.79	1.72	(0.02)	1.43	(0.43)	(0.04)
Potential Upside	1.0	0.9751	1.07	1.62	1.42	0.6579	0.0903
Treynor Ratio	0.055	0.0436	0.0619	0.1001	0.074	0.0352	1.01
Maximum Drawdown	2.76	3.41	4.09	4.84	5.33	1.51	0.2712
Variance	0.381	0.3483	0.6565	1.12	1.09	0.1621	0.004
Market Risk Adjusted Performance	0.065	0.0536	0.0719	0.1101	0.084	0.0452	1.02
Risk Adjusted Performance	0.0599	0.0392	0.0532	0.0649	0.0603	0.0399	0.1522
Skewness	(0.47)	(1.02)	(0.90)	(0.44)	0.1351	(0.26)	0.1578
Semi Deviation	0.5958	0.5492	0.8509	1.1	0.9399	0.3567	0.0
Information Ratio	0.0375	0.0026	0.0368	0.063	0.0553	(0.02)	(0.19)
Value At Risk	(1.12)	(0.89)	(1.17)	(1.86)	(1.36)	(0.74)	(0.09)
Expected Short fall	(0.50)	(0.46)	(0.65)	(0.80)	(0.86)	(0.35)	(0.1)
Downside Deviation	0.7119	0.6545	0.9821	1.22	1.13	0.4606	0.0968
Semi Variance	0.355	0.3017	0.7241	1.22	0.8834	0.1272	(0.02)

John Hancock Competition Performance Charts

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

John Hancock Competition

Specify up to 10 symbols:

John Hancock Competition Correlation Matrix

Risk-Adjusted Indicators

John Hancock Competitive Analysis

John Hancock Competition Performance Charts

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY