JDJIX Mutual Fund Manager Performance Evaluation

JDJIX -  USA Fund  

USD 9.37  0.13  1.37%

The fund retains a Market Volatility (i.e., Beta) of 0.4423, which attests to possible diversification benefits within a given portfolio. Let's try to break down what JDJIX's beta means in this case. As returns on the market increase, John Hancock returns are expected to increase less than the market. However, during the bear market, the loss on holding John Hancock will be expected to be smaller as well. Although it is extremely important to respect John Hancock Diversified 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 John Hancock Diversified technical indicators, you can presently evaluate if the expected return of 0.0031% will be sustainable into the future.

JDJIX Mutual Fund Performance 

 
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 JDJIX Performance
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Over the last 90 days John Hancock Diversified has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong forward indicators, John Hancock is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
Fifty Two Week Low9.16
Fifty Two Week High9.63
Annual Report Expense Ratio1.46%

John Hancock Relative Risk vs. Return Landscape

If you would invest  949.00  in John Hancock Diversified on July 23, 2021 and sell it today you would earn a total of  1.00  from holding John Hancock Diversified or generate 0.11% return on investment over 90 days. John Hancock Diversified is currently producing 0.0031% returns and takes up 0.5334% volatility of returns over 90 trading days. Put another way, 4% of traded mutual funds are less volatile than JDJIX, 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 John Hancock is expected to generate 8.55 times less return on investment than the market. But when comparing it to its historical volatility, the company is 1.34 times less risky than the market. It trades about 0.01 of its potential returns per unit of risk. The DOW is currently generating roughly 0.04 of returns per unit of risk over similar time horizon.

John Hancock Current Valuation

Fairly Valued
Today
9.37
21st of October 2021
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Please note that John Hancock's price fluctuation is very steady at this time.
John Hancock Diversified retains a regular Real Value of $9.49 per share. The prevalent price of the fund is $9.37. At this time, the entity appears to be fairly valued. We determine the value of John Hancock Diversified 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 John Hancock Diversified is useful when determining the fair value of the JDJIX mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of John Hancock. Since John Hancock is currently traded on the exchange, buyers and sellers on that exchange determine the market value of JDJIX Mutual Fund. However, John Hancock'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.
9.49
Real Value
10.02
Upside
Estimating the potential upside or downside of John Hancock Diversified helps investors to forecast how JDJIX 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 John Hancock more accurately as focusing exclusively on John Hancock's fundamentals will not take into account other important factors:
Hype
Prediction
LowEstimated ValueHigh
9.009.5310.06
Details

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 mutual funds, such as John Hancock Diversified, 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 = 0.0058

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Estimated Market Risk
 0.53
  actual daily
 
 4 %
of total potential
 
44
Expected Return
 0.0
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 0 %
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00
Risk-Adjusted Return
 0.01
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00
Based on monthly moving average John Hancock is performing at about 0% 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 John Hancock by adding it to a well-diversified portfolio.

About John Hancock Performance

To evaluate John Hancock Diversified 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 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 JDJIX 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 John Hancock Diversified 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 JDJIX'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 investment seeks long-term capital appreciation. 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. The manager will allocate the funds assets across a range of asset classes comprising equities, fixed income, foreign currencies, and commodities. The fund is generally intended to have a low correlation to the equity and bond markets.

Things to note about John Hancock Diversified

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

John Hancock Alerts

Equity Alerts and Improvement Suggestions

John Hancock is unlikely to experience financial distress in the next 2 years
The fund retains about 17.35% of its assets under management (AUM) in cash
Please see Risk vs Return Analysis. Note that the John Hancock Diversified information on this page should be used as a complementary analysis to other John Hancock'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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for JDJIX Mutual Fund analysis

When running John Hancock Diversified price analysis, check to measure John Hancock'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 John Hancock is operating at the current time. Most of John Hancock's value examination focuses on studying past and present price action to predict the probability of John Hancock's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move John Hancock's price. Additionally, you may evaluate how the addition of John Hancock to your portfolios can decrease your overall portfolio volatility.
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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 John Hancock value 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.