John Hancock Tax Fund Manager Performance Evaluation
| HTD Fund | USD 23.55 0.11 0.47% |
The fund retains a Market Volatility (i.e., Beta) of 0.32, 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
15 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in John Hancock Tax are ranked lower than 15 (%) of all funds and portfolios of funds over the last 90 days. In spite of rather inconsistent basic indicators, John Hancock may actually be approaching a critical reversion point that can send shares even higher in December 2024.
...more1 | HTD stock hits 52-week high at 22.24 amid robust gains - Investing.com | 09/11/2024 |
2 | PMX And HTD Providing Tax-Advantaged Income - Seeking Alpha | 09/25/2024 |
3 | JOHN HANCOCK TAX-ADVANTAGED DIVIDEND INCOME FUND NOTICE TO SHAREHOLDERS - SOURCES OF DISTRIBUTION UNDER SECTION 19 - StockTitan | 10/31/2024 |
| Expense Ratio | 1.9600 |
John |
John Hancock Relative Risk vs. Return Landscape
If you would invest 2,140 in John Hancock Tax on August 31, 2024 and sell it today you would earn a total of 215.00 from holding John Hancock Tax or generate 10.05% return on investment over 90 days. John Hancock Tax is generating 0.1549% of daily returns assuming volatility of 0.7632% on return distribution over 90 days investment horizon. In other words, 6% of funds are less volatile than John, and above 97% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
John Hancock Current Valuation
Overvalued
Today
Please note that John Hancock's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. John Hancock Tax retains a regular Real Value of $23.07 per share. The prevalent price of the fund is $23.55. We determine the value of John Hancock Tax from evaluating fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage purchasing undervalued funds and exiting overvalued funds since, at some point, fund prices and their ongoing real values will come together.
The fair value of the John fund is determined by what a typical buyer is willing to pay for full or partial control of John Hancock Tax. Since John Hancock is currently traded on the exchange, buyers and sellers on that exchange determine the market value of John 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. | Historical | Market 23.55 | Real 23.07 | Hype 23.55 | Naive 24.04 |
The real value of John Fund, also known as its intrinsic value, is the underlying worth of John Hancock Tax Fund, which is reflected in its stock price. It is based on John Hancock's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of John Hancock's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, or news.
Estimating the potential upside or downside of John Hancock Tax helps investors to forecast how John 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: 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 funds, such as John Hancock Tax, 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 = 0.203
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | HTD | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.76 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average John Hancock is performing at about 15% 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.
John Hancock Fundamentals Growth
John Fund 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 Fund performance.
| Return On Equity | 7.61 | |||
| Return On Asset | 2.21 | |||
| Profit Margin | 118.95 % | |||
| Operating Margin | 81.90 % | |||
| Current Valuation | 1.19 B | |||
| Shares Outstanding | 35.41 M | |||
| Price To Earning | 11.81 X | |||
| Price To Book | 1.08 X | |||
| Price To Sales | 14.49 X | |||
| Revenue | 56.91 M | |||
| Cash And Equivalents | 198 | |||
| Total Debt | 418.9 M | |||
| Debt To Equity | 0.47 % | |||
| Book Value Per Share | 21.65 X | |||
| Cash Flow From Operations | 58.46 M | |||
| Earnings Per Share | (3.53) X | |||
About John Hancock Performance
By analyzing John Hancock's fundamental ratios, stakeholders can gain valuable insights into John Hancock's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if John Hancock has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if John Hancock has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
John Hancock Tax-Advantaged Dividend Income Fund is a closed ended equity mutual fund launched and managed by John Hancock Investment Management LLC. It is co-managed by John Hancock Asset Management and Analytic Investors, LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors, with an emphasis on the utilities sector. The fund primarily invests in dividend-paying common and preferred stocks of companies which have dividends that qualify for a more favorable long-term capital gains tax rate. It invests in stocks of companies across diversified market capitalizations. The fund benchmarks the performance of its portfolio against a composite benchmark comprised of 55 percent Bank of America Merrill Lynch Preferred Stock DRD Eligible Index and 45 percent SP 500 Utilities Index. John Hancock Tax-Advantaged Dividend Income Fund was formed on February 27, 2004 and is domiciled in the United States.Things to note about John Hancock Tax performance evaluation
Checking the ongoing alerts about John Hancock for important developments is a great way to find new opportunities for your next move. Fund alerts and notifications screener for John Hancock Tax help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating John Hancock's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate John Hancock's fund performance include:- Analyzing John Hancock's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether John Hancock's stock is overvalued or undervalued compared to its peers.
- Examining John Hancock's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating John Hancock's management team can have a significant impact on its success or failure. Reviewing the track record and experience of John Hancock's management team can help you assess the Fund's leadership.
- Pay attention to analyst opinions and ratings of John Hancock's fund. These opinions can provide insight into John Hancock's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in John Fund
John Hancock financial ratios help investors to determine whether John Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in John with respect to the benefits of owning John Hancock security.
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