John Hancock Tax Advantaged Fund Quote

HTY Fund  USD 5.09  0.01  0.20%   

Performance

12 of 100

 
Low
 
High
Good

Odds Of Distress

Less than 29

 
100  
 
Zero
Below Average
John Hancock is trading at 5.09 as of the 19th of March 2024; that is 0.20 percent up since the beginning of the trading day. The fund's open price was 5.08. John Hancock has about a 29 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat good performance during the last 90 days. Equity ratings for John Hancock Tax Advantaged are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of January 2023 and ending today, the 19th of March 2024. Click here to learn more.
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. The company has 10.92 M outstanding shares of which 6 K shares are currently shorted by investors with about 0.09 days to cover. More on John Hancock Tax Advantaged

Moving together with John Fund

  0.65RYMEX Commodities Strategy Fund Steady GrowthPairCorr
  0.65RYMBX Commodities Strategy Fund Steady GrowthPairCorr
  0.71SPGSX State Street PremierPairCorr

Moving against John Fund

  0.49XWMFX Western Asset MiddlePairCorr

John 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. John Hancock's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding John Hancock or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
President CEOHugh McHaffie
Fund ConcentrationWorld Large-Stock Value Funds, Asset Management, Financial Services (View all Sectors)
Update Date31st of March 2024
John Hancock Tax Advantaged [HTY] is traded in USA and was established 19th of March 2024. The fund is not classified under any group at the present time. John Hancock Tax-adv currently has in assets under management (AUM) with no minimum investment requirementsThe fund is currently generating return of 3.22% with the current yeild of 0.02%, while the total return for the last 3 years was 3.42%. John Hancock Tax Advantaged has about 21.24 K in cash with 51.99 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.0659.
Check John Hancock Probability Of Bankruptcy

John Hancock Target Price Odds Analysis

Based on a normal probability distribution, the odds of John Hancock jumping above the current price in 90 days from now is about 11.75%. The John Hancock Tax Advantaged probability density function shows the probability of John Hancock fund to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon John Hancock has a beta of 0.4239. This usually indicates as returns on the market go up, John Hancock average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding John Hancock Tax Advantaged will be expected to be much smaller as well. Additionally, the company has an alpha of 0.2098, implying that it can generate a 0.21 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 5.09HorizonTargetOdds Above 5.09
88.07%90 days
 5.09 
11.75%
Based on a normal probability distribution, the odds of John Hancock to move above the current price in 90 days from now is about 11.75 (This John Hancock Tax Advantaged probability density function shows the probability of John Fund to fall within a particular range of prices over 90 days) .

John Hancock Tax-adv Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. John Hancock market risk premium is the additional return an investor will receive from holding John Hancock 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 John Hancock. 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 John Hancock's alpha and beta are two of the key measurements used to evaluate John Hancock's performance over the market, the standard measures of volatility play an important role as well.

John Hancock Against Markets

Picking the right benchmark for John Hancock 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 John Hancock 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 John Hancock is critical whether you are bullish or bearish towards John Hancock Tax Advantaged at a given time. Please also check how John Hancock'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 John Hancock 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?

Run Cryptocurrency Center Now

   

Cryptocurrency Center

Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
All  Next Launch Module

How to buy John Fund?

Before investing in John Hancock, 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 John Hancock. To buy John Hancock fund, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of John Hancock. 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 John Hancock fund. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located John Hancock Tax Advantaged 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 John Hancock Tax Advantaged 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 John Hancock Tax Advantaged, 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 John Hancock Tax Advantaged?

The danger of trading John Hancock Tax Advantaged is mainly related to its market volatility and 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 John Hancock 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 John Hancock. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile John Hancock Tax-adv 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 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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.

Complementary Tools for John Fund 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.
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
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.