John Hancock Preferred Etf Performance
| HPF Etf | USD 15.53 0.28 1.77% |
The etf retains a Market Volatility (i.e., Beta) of 0.52, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, John Hancock's returns are expected to increase less than the market. However, during the bear market, the loss of holding John Hancock is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days John Hancock Preferred has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable basic indicators, John Hancock is not utilizing all of its potentials. The latest stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
1 | Harvest Energy Leaders Plus Income ETF USD Quote - Press Release - The Globe and Mail | 02/28/2024 |
2 | Harvest Energy Leaders Plus Income ETF Share Price Crosses Above Fifty Day Moving Average of 3.42 - Defense World | 04/03/2024 |
3 | Insider Trading | 04/05/2024 |
4 | Closing Bell Harvest Energy Leaders Plus Income ETF flat on Thursday - The Globe and Mail | 04/12/2024 |
| Expense Ratio | 2.3500 |
John |
John Hancock Relative Risk vs. Return Landscape
If you would invest 1,572 in John Hancock Preferred on January 17, 2024 and sell it today you would lose (19.00) from holding John Hancock Preferred or give up 1.21% of portfolio value over 90 days. John Hancock Preferred is generating negative expected returns assuming volatility of 0.6715% on return distribution over 90 days investment horizon. In other words, 5% of etfs are less volatile than John, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
John Hancock Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for John Hancock's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as John Hancock Preferred, and traders can use it to determine the average amount a John Hancock'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 = -0.0259
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | HPF |
Estimated Market Risk
| 0.67 actual daily | 5 95% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average John Hancock is not performing at its full potential. However, 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 John Hancock by adding John Hancock to a well-diversified portfolio.
John Hancock Fundamentals Growth
John Etf prices reflect investors' perceptions of the future prospects and financial health of John Hancock, and John Hancock fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on John Etf performance.
| Return On Equity | -6.49 | ||||
| Return On Asset | 3.16 | ||||
| Profit Margin | (73.44) % | ||||
| Operating Margin | 86.43 % | ||||
| Current Valuation | 552.27 M | ||||
| Shares Outstanding | 21.41 M | ||||
| Price To Earning | 9.59 X | ||||
| Price To Book | 0.83 X | ||||
| Price To Sales | 9.43 X | ||||
| Revenue | 36.33 M | ||||
| Cash And Equivalents | 101.57 K | ||||
| Total Debt | 204 M | ||||
| Debt To Equity | 0.46 % | ||||
| Book Value Per Share | 19.37 X | ||||
| Cash Flow From Operations | 28.33 M | ||||
| Earnings Per Share | (0.74) X | ||||
About John Hancock Performance
To evaluate John Hancock Preferred Etf as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when John Hancock 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 John Etf'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 John Hancock Preferred market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents John'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.John Hancock Preferred Income Fund II is a closed ended fixed income mutual fund launched and managed by John Hancock Investment Management LLC. John Hancock is listed under Asset Management in the United States and is traded on New York Stock Exchange exchange.| John Hancock generated a negative expected return over the last 90 days | |
| The company reported the last year's revenue of 36.33 M. Reported Net Loss for the year was (26.68 M) with profit before taxes, overhead, and interest of 36.33 M. | |
| Latest headline from news.google.com: Closing Bell Harvest Energy Leaders Plus Income ETF flat on Thursday - The Globe and Mail |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in John Hancock Preferred. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
The market value of John Hancock Preferred 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.