JVANX Mutual Fund Manager Performance Evaluation

JVANX -  USA Fund  

USD 21.69  0.000001  0.00%

The fund retains a Market Volatility (i.e., Beta) of 1.274, which attests to a somewhat significant risk relative to the market. Let's try to break down what JVANX's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, John Hancock will likely underperform. Although it is extremely important to respect John Hancock Variable 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 Variable technical indicators, you can presently evaluate if the expected return of 0.0296% will be sustainable into the future.

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 JVANX Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in John Hancock Variable are ranked lower than 2 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, John Hancock is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.

John Hancock Relative Risk vs. Return Landscape

If you would invest  2,139  in John Hancock Variable on June 23, 2021 and sell it today you would earn a total of  30.00  from holding John Hancock Variable or generate 1.4% return on investment over 90 days. John Hancock Variable is currently producing 0.0296% returns and takes up 0.7526% volatility of returns over 90 trading days. Put another way, 6% of traded mutual funds are less volatile than JVANX, 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 1.23 times less return on investment than the market. In addition to that, the company is 1.1 times more volatile than its market benchmark. It trades about 0.04 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.05 per unit of volatility.

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 Variable, 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 = 0.0393

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Estimated Market Risk
 0.75
  actual daily
 
 6 %
of total potential
 
66
Expected Return
 0.03
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 0 %
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00
Risk-Adjusted Return
 0.04
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 2 %
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22
Based on monthly moving average John Hancock is performing at about 2% 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 Variable 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 JVANX 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 Variable 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 JVANX'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 is entity of United States. It is traded as Fund on NASDAQ exchange.

Things to note about John Hancock Variable

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 Variable 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 not yet fully synchronised with the market data
Latest headline from www.nwestiowa.com: Lyon County still mulling COVID-19 funds News nwestiowa.com - nwestiowa.com
Please see Risk vs Return Analysis. Note that the John Hancock Variable 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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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When running John Hancock Variable 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.