Jhancock Diversified Macro Fund Fundamentals
| JDJCX Fund | USD 8.80 0.98 6.11% |
Jhancock Diversified Macro fundamentals help investors to digest information that contributes to Jhancock Diversified's financial success or failures. It also enables traders to predict the movement of Jhancock Mutual Fund. The fundamental analysis module provides a way to measure Jhancock Diversified's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Jhancock Diversified mutual fund.
Jhancock |
Jhancock Diversified Macro Mutual Fund Year To Date Return Analysis
Jhancock Diversified's Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
More About Year To Date Return | All Equity Analysis
YTD Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Jhancock Diversified Year To Date Return | 14.89 % |
Most of Jhancock Diversified's fundamental indicators, such as Year To Date Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Jhancock Diversified Macro is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
| Competition |
According to the company's disclosures, Jhancock Diversified Macro has a Year To Date Return of 14.8864%. This is much higher than that of the John Hancock family and significantly higher than that of the Macro Trading category. The year to date return for all United States funds is notably lower than that of the firm.
Jhancock Diversified Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Jhancock Diversified's current stock value. Our valuation model uses many indicators to compare Jhancock Diversified value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Jhancock Diversified competition to find correlations between indicators driving Jhancock Diversified's intrinsic value. More Info.Jhancock Diversified Macro is currently considered the top fund in annual yield among similar funds. It is currently considered the top fund in year to date return among similar funds creating about 3,038 of Year To Date Return per Annual Yield. Comparative valuation analysis is a catch-all model that can be used if you cannot value Jhancock Diversified by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Jhancock Diversified'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 Jhancock Diversified's earnings, one of the primary drivers of an investment's value.Jhancock Year To Date Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Jhancock Diversified's direct or indirect competition against its Year To Date Return to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Jhancock Diversified could also be used in its relative valuation, which is a method of valuing Jhancock Diversified by comparing valuation metrics of similar companies.Jhancock Diversified is currently under evaluation in year to date return among similar funds.
Jhancock Fundamentals
| Total Asset | 553.39 M | |||
| Annual Yield | 0 % | |||
| Year To Date Return | 14.89 % | |||
| One Year Return | 15.72 % | |||
| Three Year Return | 8.35 % | |||
| Net Asset | 215.57 M | |||
| Last Dividend Paid | 0.1 | |||
| Cash Position Weight | 56.27 % | |||
| Equity Positions Weight | 35.24 % | |||
| Bond Positions Weight | (92.27) % |
About Jhancock Diversified Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Jhancock Diversified Macro's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Jhancock Diversified using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Jhancock Diversified Macro based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.The fund pursues its investment objective by utilizing a multi-asset, quantitatively-driven investment strategy that seeks to provide exposure to diversified sources of return. John Hancock is traded on NASDAQ Exchange in the United States.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Jhancock Diversified in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Jhancock Diversified's short interest history, or implied volatility extrapolated from Jhancock Diversified options trading.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jhancock Diversified Macro. 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 main economic indicators. Note that the Jhancock Diversified information on this page should be used as a complementary analysis to other Jhancock Diversified'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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.