Equity Income Financials
We urge to utilize Equity Me Fund fundamental analysis to find out if markets are presently mispricing the fund. Put another way you can exercise it to find out if Equity Me Fund is indeed 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 collect and analyze data for seventeen available fundamental indicators for Equity Income Fund, which can be compared to its peers. The fund experiences an unexpected downward movement. The market is reacting to new fundamentals. Check odds of Equity Income to be traded at $18.96 in 90 days.
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Please note that past performance is not an indicator of the future performance of Equity Income, 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.
Equity Income Fund Summary
Equity Income competes with Tax-managed, Pioneer Fundamental, Glg Intl, Artisan Small, and Tfa Alphagen. The investment seeks substantial dividend income and also long-term growth of capital. John Hancock is traded on NASDAQ Exchange in the United States.Specialization | Large Value, Large Value |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | John Hancock Funds |
| Mutual Fund Family | John Hancock |
| Mutual Fund Category | Large Value |
| Benchmark | NYSE Composite |
| Phone | 800 225 5291 |
| Currency | USD - US Dollar |
You should never invest in Equity Income Fund 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 Equity Mutual Fund, because this is throwing your money away. Analyzing the key information contained in Equity Income'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.
Equity Income Key Financial Ratios
Generally speaking, Equity Income's financial ratios allow both analysts and investors to convert raw data from Equity Income's financial statements into concise, actionable information that can be used to evaluate the performance of Equity Income 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 Equity Me Fund reports annually and quarterly.Equity Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Equity Income's current stock value. Our valuation model uses many indicators to compare Equity Income value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Equity Income competition to find correlations between indicators driving Equity Income's intrinsic value. More Info.Equity Income Fund is currently considered the top fund in price to earning among similar funds. It is currently considered the top fund in price to book among similar funds fabricating about 0.11 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Equity Income Fund is roughly 9.24 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Equity Income by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Equity Income's Mutual 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 Equity Income's earnings, one of the primary drivers of an investment's value.Equity Me Fund Systematic Risk
Equity Income's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Equity Income 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.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Equity Me Fund correlated with the market. If Beta is less than 0 Equity Income generally moves in the opposite direction as compared to the market. If Equity Income Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Equity Me Fund is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Equity Income is generally in the same direction as the market. If Beta > 1 Equity Income moves generally in the same direction as, but more than the movement of the benchmark.
Equity Income April 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Equity Income help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Equity Income Fund. We use our internally-developed statistical techniques to arrive at the intrinsic value of Equity Income Fund based on widely used predictive technical indicators. In general, we focus on analyzing Equity Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Equity Income's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.7089 | |||
| Information Ratio | 0.0185 | |||
| Maximum Drawdown | 3.19 | |||
| Value At Risk | (0.91) | |||
| Potential Upside | 0.8754 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Equity Income Fund. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.