Hancock Mutual Fund Manager Performance Evaluation

HHDTX -  USA Fund  

USD 26.61  0.00  0.00%

The fund retains a Market Volatility (i.e., Beta) of 0.0753, which attests to not very significant fluctuations relative to the market. Let's try to break down what Hancock's beta means in this case. As returns on the market increase, Hancock Horizon returns are expected to increase less than the market. However, during the bear market, the loss on holding Hancock Horizon will be expected to be smaller as well. Although it is extremely important to respect Hancock Horizon Dive current price history, it is better to be realistic regarding the information on equity current price movements. The philosophy towards determining future performance of any fund is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By evaluating Hancock Horizon Dive technical indicators, you can presently evaluate if the expected return of 0.0706% will be sustainable into the future.

Hancock Mutual Fund Performance 

 
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 Hancock Performance
7 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Hancock Horizon Diversified are ranked lower than 7 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Hancock Horizon is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
Fifty Two Week Low20.54
Fifty Two Week High29.77
Annual Report Expense Ratio1.34%

Hancock Horizon Relative Risk vs. Return Landscape

If you would invest  2,547  in Hancock Horizon Diversified on July 20, 2021 and sell it today you would earn a total of  114.00  from holding Hancock Horizon Diversified or generate 4.48% return on investment over 90 days. Hancock Horizon Diversified is currently producing 0.0706% returns and takes up 0.6564% volatility of returns over 90 trading days. Put another way, 5% of traded mutual funds are less volatile than Hancock, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming the 90 days horizon Hancock Horizon is expected to generate 0.91 times more return on investment than the market. However, the company is 1.1 times less risky than the market. It trades about 0.11 of its potential returns per unit of risk. The DOW is currently generating roughly 0.05 per unit of risk.

Hancock Horizon Current Valuation

Overvalued
Today
26.61
18th of October 2021
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Please note that Hancock Horizon's price fluctuation is very steady at this time.
Hancock Horizon Dive retains a regular Real Value of $25.49 per share. The prevalent price of the fund is $26.61. At this time, the entity appears to be overvalued. We determine the value of Hancock Horizon Dive from evaluating fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage acquiring undervalued assets and dropping overvalued assets since, at some point, stock prices and their ongoing real values will come together.
Our valuation method for Hancock Horizon Diversified is useful when determining the fair value of the Hancock mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Hancock Horizon. Since Hancock Horizon is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Hancock Mutual Fund. However, Hancock Horizon's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
25.49
Real Value
27.40
Upside
Estimating the potential upside or downside of Hancock Horizon Diversified helps investors to forecast how Hancock mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Hancock Horizon more accurately as focusing exclusively on Hancock Horizon's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
26.6126.6126.61
Details
Hype
Prediction
LowEstimated ValueHigh
24.6826.5928.50
Details
Potential
Annual Dividend
LowIncome Per ShareHigh
1.271.411.55
Details

Hancock Horizon Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Hancock Horizon's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Hancock Horizon Diversified, and traders can use it to determine the average amount a Hancock Horizon's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.1075

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Estimated Market Risk
 0.66
  actual daily
 
 5 %
of total potential
 
55
Expected Return
 0.07
  actual daily
 
 1 %
of total potential
 
11
Risk-Adjusted Return
 0.11
  actual daily
 
 7 %
of total potential
 
77
Based on monthly moving average Hancock Horizon is performing at about 7% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Hancock Horizon by adding it to a well-diversified portfolio.

About Hancock Horizon Performance

To evaluate Hancock Horizon Dive Mutual Fund as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Hancock Horizon generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Hancock Mutual Fund's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Hancock Horizon Dive stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Hancock's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
The fund seeks long-term capital appreciation by investing primarily in equity securities of foreign companies. Hancock Horizon is traded on NASDAQ Exchange in the United States.

Things to note about Hancock Horizon Dive

Checking the ongoing alerts about Hancock Horizon for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Hancock Horizon Dive help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Hancock Horizon Alerts

Equity Alerts and Improvement Suggestions

On 22nd of September 2021 Hancock Horizon paid $ 2.4998 per share dividend to its current shareholders
Hancock Horizon Dive generated five year return of -1.0%
This fund retains 97.57% of its assets under management (AUM) in equities
Please check Risk vs Return Analysis. Note that the Hancock Horizon Dive information on this page should be used as a complementary analysis to other Hancock Horizon'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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Hancock Horizon Dive price analysis, check to measure Hancock Horizon's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hancock Horizon is operating at the current time. Most of Hancock Horizon's value examination focuses on studying past and present price action to predict the probability of Hancock Horizon's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Hancock Horizon's price. Additionally, you may evaluate how the addition of Hancock Horizon to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Hancock Horizon's value and its price as these two are different measures arrived at by different means. Investors typically determine Hancock Horizon value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hancock Horizon'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.