John Hancock Preferred Etf Performance
| HPS Etf | USD 15.67 0.09 0.57% |
The etf retains a Market Volatility (i.e., Beta) of 0.14, which attests to not very significant fluctuations relative to the market. 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. In spite of comparatively stable basic indicators, John Hancock is not utilizing all of its potentials. The current stock price uproar, may contribute to short-horizon losses for the private investors. ...more
1 | Insider Trading | 09/18/2024 |
2 | John Hancock Preferred Income Fund III Stock Price Passes Below 50 Day Moving Average Whats Next | 11/07/2024 |
3 | Acquisition by Charles Bardelis of 300 shares of John Hancock at 17.8 subject to Rule 16b-3 | 11/11/2024 |
4 | Acquisition by James Boyle of 848 shares of John Hancock at 17.7095 subject to Rule 16b-3 | 11/18/2024 |
| Expense Ratio | 2.3100 |
John |
John Hancock Relative Risk vs. Return Landscape
If you would invest 1,603 in John Hancock Preferred on September 3, 2024 and sell it today you would lose (36.00) from holding John Hancock Preferred or give up 2.25% of portfolio value over 90 days. John Hancock Preferred is generating negative expected returns assuming volatility of 0.7627% on return distribution over 90 days investment horizon. In other words, 6% 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 = -0.0428
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| Negative Returns | HPS |
Estimated Market Risk
| 0.76 actual daily | 6 94% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 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 | -6.24 | ||||
| Return On Asset | 3.17 | ||||
| Profit Margin | (70.54) % | ||||
| Operating Margin | 86.57 % | ||||
| Current Valuation | 740.37 M | ||||
| Shares Outstanding | 31.74 M | ||||
| Price To Earning | 9.99 X | ||||
| Price To Book | 0.84 X | ||||
| Price To Sales | 9.64 X | ||||
| Revenue | 48.15 M | ||||
| Cash And Equivalents | 102.49 K | ||||
| Total Debt | 266 M | ||||
| Debt To Equity | 0.46 % | ||||
| Book Value Per Share | 17.33 X | ||||
| Cash Flow From Operations | 32.53 M | ||||
| Earnings Per Share | (0.56) X | ||||
| Total Asset | 668.36 M | ||||
| Retained Earnings | (301.25 M) | ||||
About John Hancock Performance
Assessing John Hancock's fundamental ratios provides investors with valuable insights into John Hancock's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the John Hancock is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
John Hancock Preferred Income Fund III is a closed ended fixed income mutual fund launched and managed by John Hancock Investment Management LLC. It is co-managed by John Hancock Asset Management. The fund invests in the fixed income markets of the United States. It seeks to invest in securities of companies operating across diversified sectors. The fund primarily invests in preferred securities or other fixed-income securities rated investment grade or higher by Moodys or Standard Poors. It benchmarks the performance of its portfolio against the Bank of America Merrill Lynch Hybrid Preferred Securities Index and Barclays U.S. Aggregate Bond Index. John Hancock Preferred Income Fund III was formed on June 19, 2003 and is domiciled in the United States.| John Hancock generated a negative expected return over the last 90 days | |
| The company reported the last year's revenue of 48.15 M. Reported Net Loss for the year was (33.96 M) with profit before taxes, overhead, and interest of 48.15 M. | |
| Latest headline from MacroaxisInsider: Acquisition by James Boyle of 848 shares of John Hancock at 17.7095 subject to Rule 16b-3 |
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 closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
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.