Equity Income Fund Fundamentals
| JHEIX Fund | USD 19.42 0.15 0.78% |
Equity Income Fund fundamentals help investors to digest information that contributes to Equity Income's financial success or failures. It also enables traders to predict the movement of Equity Mutual Fund. The fundamental analysis module provides a way to measure Equity Income'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 Equity Income mutual fund.
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Equity Income Fund Mutual Fund Price To Book Analysis
Equity Income's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current Equity Income Price To Book | 1.90 X |
Most of Equity Income's fundamental indicators, such as Price To Book, 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, Equity Income Fund is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
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Based on the latest financial disclosure, Equity Income Fund has a Price To Book of 1.9 times. This is 40.74% higher than that of the John Hancock family and significantly higher than that of the Large Value category. The price to book for all United States funds is notably lower than that of the firm.
Equity Me Fund Fundamental Drivers 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 Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Equity Income's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Equity Income could also be used in its relative valuation, which is a method of valuing Equity Income by comparing valuation metrics of similar companies.Equity Income is currently under evaluation in price to book among similar funds.
Fund Asset Allocation for Equity Income
The fund consists of 97.23% investments in stocks, with the rest of investments allocated between different money market instruments and various exotic instruments.Asset allocation divides Equity Income's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Equity Fundamentals
| Price To Earning | 17.55 X | ||||
| Price To Book | 1.90 X | ||||
| Price To Sales | 1.48 X | ||||
| Total Asset | 140.91 M | ||||
| Annual Yield | 0.01 % | ||||
| Year To Date Return | 4.08 % | ||||
| One Year Return | 12.43 % | ||||
| Three Year Return | 5.42 % | ||||
| Five Year Return | 8.82 % | ||||
| Ten Year Return | 7.89 % | ||||
| Net Asset | 1.79 B | ||||
| Minimum Initial Investment | 1 K | ||||
| Last Dividend Paid | 0.06 | ||||
| Cash Position Weight | 2.10 % | ||||
| Equity Positions Weight | 97.23 % |
About Equity Income Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Equity Income Fund's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Equity Income using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Equity Income Fund 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 invests at least 80 percent of its net assets in equity securities, with at least 65 percent in common stocks of well-established companies paying above-average dividends. It may invest in fixed-income securities without regard to quality or rating, including privately negotiated notes or loans and up to 10 percent in below-investment-grade fixed-income securities .
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 Equity Income 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, Equity Income's short interest history, or implied volatility extrapolated from Equity Income options trading.
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Try AI Portfolio ArchitectCheck 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 ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.