John Hancock Etf Profile

HPI Etf  USD 17.90  0.21  1.16%   
Market Performance
19 of 100
Odds Of Distress
Less than 32
John Hancock is trading at 17.90 as of the 5th of February 2023. This is a -1.16% down since the beginning of the trading day. The etf's open price was 18.11. John Hancock has about a 32 percent probability of financial distress in the next few years of operation but had a somewhat solid performance during the last 90 days. Equity ratings for John Hancock Preferred are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of January 2023 and ending today, the 5th of February 2023. Click here to learn more.
John Hancock Preferred Income Fund is a closed ended balanced 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. The company has 26.3 M outstanding shares of which 8.16 K shares are currently shorted by investors with about 0.15 days to cover. More on John Hancock Preferred

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John Hancock Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. John Hancock's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding John Hancock or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ChairmanJames Oates
Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of John Hancock's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Most Recent Quarter31st of July 2022
Two Hundred Day Average17.61
Next Fiscal Year End31st of July 2024
Revenue Growth-0.10%
Average Daily Volume In Three Month54.75k
Trailing Annual Dividend Rate1.48
Fifty Two Week Low14.9
Enterprise Value To Revenue15.3
Shares Percent Shares Out0.03%
Shares Short Prior Month22.37k
Quick Ratio0.97
Trailing Annual Dividend Yield9.19%
Average Daily Volume Last 10 Day42.54k
Date Short Interest14th of October 2022
Fifty Two Week High21.09
Last Fiscal Year End31st of July 2022
Fifty Day Average16.05
Gross Margins100.00%
John Hancock Preferred [HPI] is traded in USA and was established null. The fund is not classified under any group at the present time. The fund currently have in assets under management (AUM). John Hancock Preferred has about 334.66 K in cash with 30.55 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Check John Hancock Probability Of Bankruptcy

John Hancock Target Price Odds Analysis

In reference to a normal probability distribution, the odds of John Hancock jumping above the current price in 90 days from now is about 1.89%. The John Hancock Preferred probability density function shows the probability of John Hancock etf to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon John Hancock has a beta of 0.6123. This usually indicates as returns on the market go up, John Hancock average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding John Hancock Preferred will be expected to be much smaller as well. Additionally, the company has an alpha of 0.0836, implying that it can generate a 0.0836 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 17.9HorizonTargetOdds Above 17.9
98.08%90 days
Based on a normal probability distribution, the odds of John Hancock to move above the current price in 90 days from now is about 1.89 (This John Hancock Preferred probability density function shows the probability of John Hancock Etf to fall within a particular range of prices over 90 days) .

John Hancock Preferred Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. John Hancock market risk premium is the additional return an investor will receive from holding John Hancock long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in John Hancock. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although John Hancock's alpha and beta are two of the key measurements used to evaluate John Hancock's performance over the market, the standard measures of volatility play an important role as well.

John Hancock Against Markets

Picking the right benchmark for John Hancock etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in John Hancock etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for John Hancock is critical whether you are bullish or bearish towards John Hancock Preferred at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in John Hancock without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Invested in John Hancock Preferred?

The danger of trading John Hancock Preferred is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of John Hancock is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than John Hancock. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile John Hancock Preferred is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please check Risk vs Return Analysis. You can also try Focused Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

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When running John Hancock Preferred 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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The market value of John Hancock Preferred is measured differently than its book value, which is the value of John Hancock 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 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.