Use this graph to draw trend lines for John Hancock Income Securities Trust. You can use it to identify possible trend reversals for John as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual John price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Closing Price
John Best Fit Change Line
The following chart estimates an ordinary least squares regression model for John Hancock Income Securities Trust applied against its price change over selected period. The best fit line has a slop of
0.06 % 
which may imply that John Hancock Income Securities Trust will maintain its good market sentiment and make money for investors. It has 44 observation points and regression sum of squers of 5.45 which is sum of squared deviations of the predicted John price change against its avarage change.
John has a best fit line with a correlation coefficient of 0.97. and coefficient of determination of 0.94. Note, that the company has price-to-book ratio of 1.06.