John Hancock Financials

HTD Fund  USD 18.49  0.42  2.22%   
You can make use of fundamental analysis to find out if John Hancock Tax is mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We were able to interpolate and analyze data for thirty-three available reported financial drivers for John Hancock Tax, which can be compared to its competitors. The fund experiences an unexpected downward movement. The market is reacting to new fundamentals. Check odds of John Hancock to be traded at $17.75 in 90 days.
  
Please note that past performance is not an indicator of the future performance of John Hancock, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.

John Hancock Fund Summary

John Hancock competes with Allspring Income, Allspring Global, Blackstone Gso, John Hancock, and Allspring Multi. John Hancock Tax-Advantaged Dividend Income Fund is a closed ended equity mutual fund launched and managed by John Hancock Investment Management LLC. John Hancock Tax-Advantaged Dividend Income Fund was formed on February 27, 2004 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.
Specialization
null, Allocation--50% to 70% Equity
InstrumentUSA Fund View All
ExchangeNew York Stock Exchange
ISINUS41013V1008
CUSIP41013V100
LocationMassachusetts; U.S.A
Business Address601 Congress Street
Fund FamilyFinancial Services
Fund CategoryAsset Management
BenchmarkNYSE Composite
Websitewww.jhinvestments.com/fund/managementcommentary.aspx?producttype=closedend&fundid=34700&classcode=ce&backtofundtabletype=price
Phone617 663 2430
CurrencyUSD - US Dollar
You should never invest in John Hancock Tax without having analyzed available financial metrics that contribute to the net asset value (NAV) of the fund. Do not rely on someone else's analysis or guesses about the future performance of John Fund, because this is throwing your money away. Analyzing the key information contained in John Hancock's prospectus and an annual reports, can give you an edge over other investors and help to ensure that your investments perform well for you.

John Hancock Key Financial Ratios

Generally speaking, John Hancock's financial ratios allow both analysts and investors to convert raw data from John Hancock's financial statements into concise, actionable information that can be used to evaluate the performance of John Hancock over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that John Hancock Tax reports annually and quarterly.

John Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining John Hancock's current stock value. Our valuation model uses many indicators to compare John Hancock value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across John Hancock competition to find correlations between indicators driving John Hancock's intrinsic value. More Info.
John Hancock Tax is rated # 4 fund in price to earning among similar funds. It is one of the top funds in price to book among similar funds fabricating about  0.09  of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for John Hancock Tax is roughly  10.94 . Comparative valuation analysis is a catch-all model that can be used if you cannot value John Hancock by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for John Hancock's Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the John Hancock's earnings, one of the primary drivers of an investment's value.

John Hancock Tax Systematic Risk

John Hancock's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. John Hancock volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on John Hancock Tax correlated with the market. If Beta is less than 0 John Hancock generally moves in the opposite direction as compared to the market. If John Hancock Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one John Hancock Tax is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of John Hancock is generally in the same direction as the market. If Beta > 1 John Hancock moves generally in the same direction as, but more than the movement of the benchmark.

John Hancock April 16, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of John Hancock help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of John Hancock Tax. We use our internally-developed statistical techniques to arrive at the intrinsic value of John Hancock Tax based on widely used predictive technical indicators. In general, we focus on analyzing John Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build John Hancock's daily price indicators and compare them against related drivers.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in John Hancock Tax. 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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
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.