JRLFX Mutual Fund Manager Performance Evaluation

JRLFX
 Fund
  

USD 10.06  0.08  0.80%   

The fund retains a Market Volatility (i.e., Beta) of 0.0308, which attests to not very significant fluctuations relative to the market. Let's try to break down what JRLFX's beta means in this case. As returns on the market increase, John Hancock returns are expected to increase less than the market. However, during the bear market, the loss on holding John Hancock will be expected to be smaller as well. 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 0.0503% will be sustainable into the future.
  
JRLFX 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 technical and fundamental indicators, John Hancock is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short-term losses for the investors.
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JRLFX Price Channel

Fifty Two Week Low9.45
Fifty Two Week High11.61

John Hancock Relative Risk vs. Return Landscape

If you would invest  977.00  in John Hancock Funds on May 18, 2022 and sell it today you would earn a total of  29.00  from holding John Hancock Funds or generate 2.97% return on investment over 90 days. John Hancock Funds is currently producing 0.0503% returns and takes up 0.6951% volatility of returns over 90 trading days. Put another way, 6% of traded mutual funds are less volatile than JRLFX, 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 2.59 times less return on investment than the market. But when comparing it to its historical volatility, the company is 1.69 times less risky than the market. It trades about 0.07 of its potential returns per unit of risk. The DOW is currently generating roughly 0.11 of returns per unit of risk over similar time horizon.

John Hancock Current Valuation

Fairly Valued
Today 10.06
Please note that John Hancock's price fluctuation is very steady at this time.
John Hancock Funds retains a regular Real Value of $9.99 per share. The prevalent price of the fund is $10.06. At this time, the entity appears to be fairly valued. 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 mutual funds and dropping overvalued mutual funds since, at some point, mutual fund 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 JRLFX 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 JRLFX 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.
9.99
Real Value
10.69
Upside
Estimating the potential upside or downside of John Hancock Funds helps investors to forecast how JRLFX 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:
Hype
Prediction
LowEstimated ValueHigh
9.3610.0610.76
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 = 0.0724

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Negative ReturnsJRLFX
Estimated Market Risk
 0.7
  actual daily
 
 6 %
of total potential
 
66
Expected Return
 0.05
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 0 %
of total potential
 
00
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 JRLFX 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 JRLFX'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 about 19.04% of its assets under management (AUM) in cash
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 Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.

Complementary Tools for JRLFX Mutual Fund analysis

When running John Hancock Funds 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.