JLKLX Mutual Fund Statistic Functions Beta

JLKLX
 Fund
  

USD 11.24  0.01  0.09%   

John Hancock statistic functions tool provides the execution environment for running the Beta function and other technical functions against John Hancock. John Hancock value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. John Hancock statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on John Hancock Funds correlated with the market. If Beta is less than 0 John Hancock generally moves in the opposite direction as compared to the market. If John Hancock Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one John Hancock Funds is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of John Hancock is generally in the same direction as the market. If Beta > 1 John Hancock moves generally in the same direction as, but more than the movement of the benchmark.
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John Hancock Technical Analysis Modules

Most technical analysis of John Hancock help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for JLKLX from various momentum indicators to cycle indicators. When you analyze JLKLX charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About John Hancock Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of John Hancock Funds. We use our internally-developed statistical techniques to arrive at the intrinsic value of John Hancock Funds based on widely used predictive technical indicators. In general, we focus on analyzing JLKLX Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build John Hancock's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of John Hancock's intrinsic value. In addition to deriving basic predictive indicators for John Hancock, we also check how macroeconomic factors affect John Hancock price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of John Hancock's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of John Hancock in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
9.8211.2412.66
Details
Intrinsic
Valuation
LowReal ValueHigh
9.1310.5511.97
Details
Naive
Forecast
LowNext ValueHigh
9.7811.2012.61
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
10.1610.7411.32
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as John Hancock. Your research has to be compared to or analyzed against John Hancock's peers to derive any actionable benefits. When done correctly, John Hancock's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in John Hancock Funds.

John Hancock Investors Sentiment

The influence of John Hancock's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in JLKLX. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards John Hancock in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, John Hancock's short interest history, or implied volatility extrapolated from John Hancock options trading.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Gold and Gold Mining
Invested over 90 shares
Macroaxis Index
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Transportation
Invested over 90 shares
Tech Growth
Invested over 90 shares
ISP
Invested few shares
Soft Drinks
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Macroaxis Picks
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Driverless Cars
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Wireless
Invested few shares
Momentum
Invested over 30 shares
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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

Complementary Tools for JLKLX 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.