JLKLX Mutual Fund Manager Performance Evaluation

JLKLX
 Fund
  

USD 11.58  0.16  1.40%   

The fund retains a Market Volatility (i.e., Beta) of 1.0593, which attests to a somewhat significant risk relative to the market. Let's try to break down what JLKLX's beta means in this case. John Hancock returns are very sensitive to returns on the market. As the market goes up or down, John Hancock is expected to follow. Although it is important to respect John Hancock Funds current price history, it is better to be realistic regarding the information on the equity's 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 Funds technical indicators, you can presently evaluate if the expected return of 0.0925% will be sustainable into the future.
  
JLKLX Performance
5 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in John Hancock Funds are ranked lower than 5 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong essential indicators, John Hancock is not utilizing all of its potentials. The recent stock price disturbance, may contribute to short-term losses for the investors.
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JLKLX Price Channel

Fifty Two Week Low10.27
Fifty Two Week High14.90

John Hancock Relative Risk vs. Return Landscape

If you would invest  1,099  in John Hancock Funds on May 16, 2022 and sell it today you would earn a total of  59.00  from holding John Hancock Funds or generate 5.37% return on investment over 90 days. John Hancock Funds is currently producing 0.0925% returns and takes up 1.387% volatility of returns over 90 trading days. Put another way, 12% of traded mutual funds are less volatile than JLKLX, 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 1.11 times more return on investment than the market. However, the company is 1.11 times more volatile than its market benchmark. It trades about 0.07 of its potential returns per unit of risk. The DOW is currently generating roughly 0.06 per unit of risk.

John Hancock Current Valuation

Undervalued
Today 11.58
Please note that John Hancock's price fluctuation is unstable at this time.
John Hancock Funds retains a regular Real Value of $1.37 per share. The prevalent price of the fund is $11.58. At this time, the entity appears to be undervalued. We determine the value of John Hancock Funds 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 Funds is useful when determining the fair value of the JLKLX 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 JLKLX 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.
1.37
Real Value
2.76
Upside
Estimating the potential upside or downside of John Hancock Funds helps investors to forecast how JLKLX 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:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
10.2210.9211.62
Details
Hype
Prediction
LowEstimated ValueHigh
0.000.001.39
Details
Potential
Annual Dividend
LowIncome Per ShareHigh
0.800.900.99
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 Funds, 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 = 0.0667

Best
Portfolio
Best
Equity
Good Returns
Average Returns
Small Returns
CashSmall
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JLKLXHigh
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Estimated Market Risk
 1.39
  actual daily
 
 12 %
of total potential
 
1212
Expected Return
 0.09
  actual daily
 
 1 %
of total potential
 
11
Risk-Adjusted Return
 0.07
  actual daily
 
 5 %
of total potential
 
55
Based on monthly moving average John Hancock is performing at about 5% 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 Funds 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 JLKLX 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 Funds 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 JLKLX'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 high total return through the funds target retirement date, with a greater focus on income beyond the target date. John Hancock is traded on NASDAQ Exchange in the United States.

Things to note about John Hancock Funds

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 Funds 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 Funds is unlikely to experience financial distress in the next 2 years
The fund retains 91.88% of its assets under management (AUM) in equities
Please see Risk vs Return Analysis. Note that the John Hancock Funds 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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

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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.