John Hancock Tax Advantaged Fund Manager Performance Evaluation
HTY Fund | USD 5.09 0.01 0.20% |
The fund retains a Market Volatility (i.e., Beta) of 0.42, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, John Hancock returns are expected to increase less than the market. However, during the bear market, the loss on holding John Hancock will be expected to be smaller as well. By evaluating John Hancock Tax-adv technical indicators, you can presently evaluate if the expected return of 0.12% will be sustainable into the future.
Risk-Adjusted Performance
12 of 100
Low | High |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in John Hancock Tax Advantaged are ranked lower than 12 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly conflicting basic indicators, John Hancock may actually be approaching a critical reversion point that can send shares even higher in April 2024.
...more1 | John Hancock Investments John Hancock Tax-Advantaged Global Shareholder Yield Fund Short ... - Defense World | 02/13/2024 |
2 | Trading Signals - Stock Traders Daily.com | 03/07/2024 |
Expense Ratio | 1.3000 |
John |
John Hancock Relative Risk vs. Return Landscape
If you would invest 473.00 in John Hancock Tax Advantaged on December 19, 2023 and sell it today you would earn a total of 35.00 from holding John Hancock Tax Advantaged or generate 7.4% return on investment over 90 days. John Hancock Tax Advantaged is generating 0.12% of daily returns assuming volatility of 0.765% on return distribution over 90 days investment horizon. In other words, 6% of funds are less volatile than John, and above 98% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
Risk |
John Hancock Current Valuation
Undervalued
Today
Please note that John Hancock's price fluctuation is not too volatile at this time. At this time, the entity appears to be undervalued. John Hancock Tax-adv retains a regular Real Value of $5.49 per share. The prevalent price of the fund is $5.09. We determine the value of John Hancock Tax-adv from evaluating fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage acquiring undervalued funds and dropping overvalued funds since, at some point, fund prices and their ongoing real values will come together.
Our valuation method for John Hancock Tax Advantaged is useful when determining the fair value of the John fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of John Hancock. Since John Hancock is currently traded on the exchange, buyers and sellers on that exchange determine the market value of John Fund. However, John Hancock's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. Historical | Market 5.09 | Real 5.49 | Hype 5.07 | Naive 5.09 |
The real value of a stock, also known as the intrinsic value, is the underlying worth of a company that is reflected in its stock price. It is based on the company's financial performance, assets, liabilities, growth prospects, management team, industry conditions, and other relevant factors. The real value of a stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, price-to-book ratio, and other valuation metrics. The real value of a stock may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence the stock's price. It is important to note that the real value of a stock is not a fixed number and may change over time based on changes in the company's performance and other relevant factors.
Estimating the potential upside or downside of John Hancock Tax Advantaged helps investors to forecast how John fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of John Hancock more accurately as focusing exclusively on John Hancock's fundamentals will not take into account other important factors: John Hancock Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for John Hancock's investment risk. Standard deviation is the most common way to measure market volatility of funds, such as John Hancock Tax Advantaged, and traders can use it to determine the average amount a John Hancock's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1568
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Negative Returns |
Estimated Market Risk
0.77 actual daily | 6 94% of assets are more volatile |
Expected Return
0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average John Hancock is performing at about 12% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of John Hancock by adding it to a well-diversified portfolio.
John Hancock Fundamentals Growth
John Fund prices reflect investors' perceptions of the future prospects and financial health of John Hancock, and John Hancock fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on John Fund performance.
Return On Equity | 0.0072 | ||||
Return On Asset | 0.0053 | ||||
Shares Outstanding | 10.92 M | ||||
Price To Earning | 530.00 X | ||||
Revenue | 514.17 M | ||||
EBITDA | 213.04 M | ||||
Cash Per Share | 0.07 X | ||||
Debt To Equity | 0.71 % | ||||
Cash Flow From Operations | 51.99 M | ||||
Earnings Per Share | 0.01 X | ||||
Total Asset | 571.35 M | ||||
Current Asset | 13.44 M | ||||
About John Hancock Performance
To evaluate John Hancock Tax-adv Fund as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when John Hancock generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare John Fund's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand John Hancock Tax-adv market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents John's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.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. John Hancock operates under Asset Management classification in the United States and is traded on New York Stock Exchange.Things to note about John Hancock Tax-adv performance evaluation
Checking the ongoing alerts about John Hancock for important developments is a great way to find new opportunities for your next move. Fund alerts and notifications screener for John Hancock Tax-adv help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Latest headline from news.google.com: Objective longshort Report - Stock Traders Daily.com |
- Analyzing John Hancock's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether John Hancock's stock is overvalued or undervalued compared to its peers.
- Examining John Hancock's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating John Hancock's management team can have a significant impact on its success or failure. Reviewing the track record and experience of John Hancock's management team can help you assess the Fund's leadership.
- Pay attention to analyst opinions and ratings of John Hancock's fund. These opinions can provide insight into John Hancock's potential for growth and whether the stock is currently undervalued or overvalued.
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 AI Investment Finder module to use AI to screen and filter profitable investment opportunities.
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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.
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