John Hancock Multifactor Etf Profile
| JHSC Etf | USD 36.71 0.01 0.03% |
Performance3 of 100
| Odds Of DistressLess than 9
|
John Hancock is trading at 36.71 as of the 24th of April 2024, a 0.03 percent increase since the beginning of the trading day. The etf's open price was 36.7. John Hancock has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for John Hancock Multifactor are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of October 2023 and ending today, the 24th of April 2024. Click here to learn more.
The fund normally invests at least 80 percent of its net assets in securities that compose the funds index. JH Multifactor is traded on NYSEARCA Exchange in the United States. More on John Hancock Multifactor
Moving together with John Etf
| 0.91 | VB | Vanguard Small Cap | PairCorr |
| 0.8 | IJR | iShares Core SP | PairCorr |
| 0.87 | IWM | iShares Russell 2000 Aggressive Push | PairCorr |
| 0.96 | VRTIX | Vanguard Russell 2000 | PairCorr |
| 0.96 | VTWO | Vanguard Russell 2000 | PairCorr |
| 0.98 | FNDA | Schwab Fundamental Small | PairCorr |
| 0.79 | SPSM | SPDR Portfolio SP | PairCorr |
Moving against John Etf
| 0.46 | 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.
| Old Name | HSBC Global Investment Funds - Indian Equity |
| Business Concentration | Small Blend, John Hancock (View all Sectors) |
| Country Name | USA |
| Returns Y T D | 0.37 |
| Name | John Hancock Multifactor Small Cap ETF |
| Currency Code | USD |
| In Threey Volatility | 20.02 |
| 1y Volatility | 20.97 |
| 200 Day M A | 34.5077 |
| 50 Day M A | 36.9024 |
| Code | JHSC |
| Updated At | 24th of April 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.22 |
| Type | ETF |
John Hancock Multifactor [JHSC] is traded in USA and was established 2017-11-08. The fund is listed under Small Blend category and is part of John Hancock family. John Hancock Multifactor currently have 307.96 M in assets under management (AUM). , while the total return for the last 3 years was 2.2%.
Check John Hancock Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on John Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding John Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as John Hancock Multifactor Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top John Hancock Multifactor Etf Constituents
| TNDM | Tandem Diabetes Care | Stock | Health Care |
| SEDG | SolarEdge Technologies | Stock | Information Technology |
| LITE | Lumentum Holdings | Stock | Information Technology |
| FICO | Fair Isaac | Stock | Information Technology |
| HAE | Haemonetics | Stock | Health Care |
| BPOP | Popular | Stock | Financials |
| CHGG | Chegg Inc | Stock | Consumer Discretionary |
John Hancock Target Price Odds Analysis
What are John Hancock's target price odds to finish over the current price? Based on a normal probability distribution, the odds of John Hancock jumping above the current price in 90 days from now is about 46.89%. The John Hancock Multifactor probability density function shows the probability of John Hancock etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the etf has a beta coefficient of 1.5085. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, John Hancock will likely underperform. Additionally, john Hancock Multifactor has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of John Hancock to move above the current price in 90 days from now is about 46.89 (This John Hancock Multifactor probability density function shows the probability of John Etf to fall within a particular range of prices over 90 days) .
John Hancock Multifactor 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 | 0.0354 | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | (0.03) |
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 Multifactor 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?
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| 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 Multifactor 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 Multifactor 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 Multifactor, 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. For more information on how to buy John Etf please use our How to Invest in John Hancock guide.
Already Invested in John Hancock Multifactor?
The danger of trading John Hancock Multifactor 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 Multifactor 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.
When determining whether John Hancock Multifactor offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of John Hancock's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of John Hancock Multifactor Etf. Outlined below are crucial reports that will aid in making a well-informed decision on John Hancock Multifactor Etf: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in John Hancock Multifactor. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
The market value of John Hancock Multifactor 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.