John Hancock Premium Etf Profile
| PDT Etf | USD 11.22 0.01 0.09% |
Performance10 of 100
| Odds Of DistressLess than 32
|
John Hancock is selling for under 11.22 as of the 25th of April 2024; that is -0.09 percent down since the beginning of the trading day. The etf's last reported lowest price was 11.13. John Hancock has about a 32 percent probability of financial distress in the next few years of operation but had a somewhat ok performance during the last 90 days. Equity ratings for John Hancock Premium are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
John Hancock Premium Dividend Fund is a closed ended equity mutual fund launched and managed by John Hancock Investment Management LLC. John Hancock is listed under Asset Management in the United States and is traded on New York Stock Exchange exchange. The company has 48.8 M outstanding shares of which 249.99 K shares are at this time shorted by investors with about 3.54 days to cover. More on John Hancock Premium
Moving together with John Etf
| 0.64 | OIH | VanEck Oil Services | PairCorr |
| 0.89 | ARKW | ARK Next Generation | PairCorr |
| 0.82 | WTMF | WisdomTree Managed | PairCorr |
| 0.87 | EWC | iShares MSCI Canada | PairCorr |
Moving against John Etf
| 0.59 | HUM | Humana Inc Financial Report 7th of August 2024 | PairCorr |
John Etf 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.
| CEO | Andrew Arnott |
| Business Concentration | Preferred Stock, Asset Management, Financial Services (View all Sectors) |
| Update Date | 31st of March 2024 |
| Nav | 12.01 |
| Prev Close Price | 11.23 |
| Country Name | USA |
| Code | PDT |
| I S I N | US41013T1051 |
| Name | John Hancock Premium Dividend Fund |
| Currency Name | US Dollar |
| Currency Code | USD |
| Type | FUND |
| Expense Ratio | 2.31 |
John Hancock Premium [PDT] is traded in USA and was established 1989-12-21. The fund is not categorized under any group at the present time. John Hancock Premium at this time have in assets. The fund is currently generating return of 3.93% with the current yeild of 0.01%, while the total return for the last 3 years was 1.73%.
John Hancock Premium has about 133.72 K in cash with 55.51 M of positive cash flow from operations.
Check John Hancock Probability Of Bankruptcy
John Hancock Target Price Odds Analysis
Attributed to a normal probability distribution, the odds of John Hancock jumping above the current price in 90 days from now is about 42.24%. The John Hancock Premium probability density function shows the probability of John Hancock etf to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon John Hancock has a beta of 0.9767 indicating John Hancock Premium market returns are related to returns on the market. As the market goes up or down, John Hancock is expected to follow. Additionally, john Hancock Premium has an alpha of 0.0505, implying that it can generate a 0.0505 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of John Hancock to move above the current price in 90 days from now is about 42.24 (This John Hancock Premium probability density function shows the probability of John Etf to fall within a particular range of prices over 90 days) .
John Hancock Top Holders
| GUDPX | Guggenheim Diversified Income | Mutual Fund | Allocation--30% to 50% Equity |
| GUDCX | Guggenheim Diversified Income | Mutual Fund | Allocation--30% to 50% Equity |
| GUDIX | Guggenheim Diversified Income | Mutual Fund | Allocation--30% to 50% Equity |
| GUDAX | Guggenheim Diversified Income | Mutual Fund | Allocation--30% to 50% Equity |
John Hancock Premium 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.
| Risk Adjusted Performance | 0.1042 | |||
| Jensen Alpha | 0.0505 | |||
| Total Risk Alpha | 0.0127 | |||
| Sortino Ratio | 0.0452 |
John Hancock Against Markets
Picking the right benchmark for John Hancock etf 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 etf 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 Premium 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 Bond Analysis Now
Bond AnalysisEvaluate and analyze corporate bonds as a potential investment for your portfolios. |
| All Next | Launch Module |
How to buy John Etf?
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 etf, 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 etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located John Hancock Premium etf 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 Premium etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as John Hancock Premium, 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 etf 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 Premium?
The danger of trading John Hancock Premium is mainly related to its market volatility and ETF 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 Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile John Hancock Premium 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in John Hancock Premium. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the John Hancock Premium information on this page should be used as a complementary analysis to other John Hancock's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
The market value of John Hancock Premium is measured differently than its book value, which is the value of John that is recorded on the company's balance sheet. Investors also form their own opinion of John Hancock's value that differs from its market value or its book value, called intrinsic value, which is John Hancock's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because John Hancock's market value can be influenced by many factors that don't directly affect John Hancock's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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.