JRLFX Mutual Fund Volatility


USD 9.90  0.05  0.50%   

We consider John Hancock very steady. John Hancock Funds holds Efficiency (Sharpe) Ratio of 0.0392, which attests that the entity had 0.0392% of return per unit of risk over the last 3 months. Our standpoint towards determining the volatility of a fund is to use all available market data together with fund-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for John Hancock Funds, which you can use to evaluate the future volatility of the entity. Please check out John Hancock risk adjusted performance of (0.024317), and Market Risk Adjusted Performance of (1.45) to validate if the risk estimate we provide is consistent with the expected return of 0.0274%.
John Hancock Mutual Fund volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of JRLFX daily returns, and it is calculated using variance and standard deviation. We also use JRLFX's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of John Hancock volatility.

30 Days Market Risk

Very steady

Chance of Distress

Very Small

30 Days Economic Sensitivity

Barely shadows the market
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as John Hancock can benefit from it. Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of John Hancock at lower prices. For example, an investor can purchase JRLFX stock that has halved in price over a short period. This will lower your average cost per share, thereby improving your portfolio's performance when the markets normalize. Similarly, when the prices of John Hancock's stock rises, investors can sell out and invest the proceeds in other equities with better opportunities. Investing when markets are volatile with better valuations will accord both investors and companies the opportunity to generate better long-term returns.

Moving together with John Hancock

0.93FFFCXFidelity Freedom 2010PairCorr
0.94FSNKXFidelity Freedom 2010PairCorr
0.99RBATXAmerican Fds 2010PairCorr
0.99REATXAmerican Fds 2010PairCorr
0.93AAATXAmerican Fds 2010PairCorr
0.99RFTTXAmerican Funds 2010PairCorr
0.99RCATXAmerican Fds 2010PairCorr

John Hancock Market Sensitivity And Downside Risk

John Hancock's beta coefficient measures the volatility of JRLFX mutual fund compared to the systematic risk of the entire stock market represented by your selected benchmark. In mathematical terms, beta represents the slope of the line through a regression of data points where each of these points represents JRLFX mutual fund's returns against your selected market. In other words, John Hancock's beta of 0.0133 provides an investor with an approximation of how much risk John Hancock mutual fund can potentially add to one of your existing portfolios.
John Hancock Funds exhibits very low volatility with skewness of -0.73 and kurtosis of 1.12. However, we advise investors to further study John Hancock Funds technical indicators to make sure all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure John Hancock's mutual fund risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact John Hancock's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

John Hancock Implied Volatility

John Hancock's implied volatility exposes the market's sentiment of John Hancock Funds stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if John Hancock's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that John Hancock stock will not fluctuate a lot when John Hancock's options are near their expiration.
3 Months Beta |Analyze John Hancock Funds Demand Trend
Check current 90 days John Hancock correlation with market (DOW)


JRLFX standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. Typical volatile equity has a high standard deviation, while the deviation of a stable instrument is usually low. As a downside, the standard deviation calculates all uncertainty as risk, even when it is in your favor, such as above-average returns.

Standard Deviation

It is essential to understand the difference between upside risk (as represented by John Hancock's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of John Hancock stock's daily returns or price. Since the actual investment returns on holding a position in John Hancock stock tend to have a non-normal distribution, there will be different probabilities for losses than for gains. The likelihood of losses is reflected in the downside risk of an investment in John Hancock.

John Hancock Funds Mutual Fund Volatility Analysis

Volatility refers to the frequency at which John Hancock stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with John Hancock's price changes. Investors will then calculate the volatility of John Hancock's stock to predict their future moves. A stock that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A stock with relatively stable price changes has low volatility. A highly volatile stock is riskier, but the risk cuts both ways. Investing in highly volatile security can either be highly successful, or you may experience significant failure. There are two main types of John Hancock's volatility:

Historical Volatility

This type of stock volatility measures John Hancock's fluctuations based on previous trends. It's commonly used to predict John Hancock's future behavior based on its past. However, it cannot conclusively determine the future direction of the stock.

Implied Volatility

This type of volatility provides a positive outlook on future price fluctuations for John Hancock's current market price. This means that the stock will return to its initially predicted market price.
The output start index for this execution was zero with a total number of output elements of sixty-one. John Hancock Funds Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.

John Hancock Projected Return Density Against Market

Assuming the 90 days horizon John Hancock has a beta of 0.0133 . This indicates as returns on the market go up, John Hancock average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding John Hancock Funds will be expected to be much smaller as well.
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to John Hancock or John Hancock sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that John Hancock stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a JRLFX stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. John Hancock Funds is significantly underperforming DOW.
   Predicted Return Density   
John Hancock's volatility is measured either by using standard deviation or beta. Standard deviation will reflect the average amount of how John Hancock stock's price will differ from the mean after some time.To get its calculation, you should first determine the mean price during the specified period then subtract that from each price point.

What Drives a Company's Stock Price Volatility?

Several factors can influence a company's stock volatility:


Specific events can influence volatility within a particular industry. For instance, a significant weather upheaval in a crucial oil-production site may cause oil prices to increase in the oil sector. The direct result will be the rise in the stock price of oil distribution companies. Similarly, any government regulation in a specific industry could negatively influence stock prices due to increased regulations on compliance that may impact the company's future earnings and growth.

Political and Economic environment

When governments make significant decisions regarding trade agreements, policies, and legislation regarding specific industries, they will influence stock prices. Everything from speeches to elections may influence investors, who can directly influence the stock prices in any particular industry. The prevailing economic situation also plays a significant role in stock prices. When the economy is doing well, investors will have a positive reaction and hence, better stock prices and vice versa.

The Company's Performance

Sometimes volatility will only affect an individual company. For example, a revolutionary product launch or strong earnings report may attract many investors to purchase the company. This positive attention will raise the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.

John Hancock Mutual Fund Risk Measures

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to John Hancock or John Hancock sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that John Hancock stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a JRLFX stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
Assuming the 90 days horizon the coefficient of variation of John Hancock is 2549.38. The daily returns are distributed with a variance of 0.49 and standard deviation of 0.7. The mean deviation of John Hancock Funds is currently at 0.53. For similar time horizon, the selected benchmark (DOW) has volatility of 1.31
Alpha over DOW
Beta against DOW0.0133
Overall volatility
Information ratio 0.05

John Hancock Mutual Fund Return Volatility

John Hancock historical daily return volatility represents how much John Hancock stock's price daily returns swing around its mean daily price change - it is a statistical measure of its dispersion of returns. The fund shows 0.6998% volatility of returns over 90 . By contrast, DOW inherits 1.2698% risk (volatility on return distribution) over the 90 days horizon.
 Performance (%) 

About John Hancock Volatility

Volatility is a rate at which the price of John Hancock or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of John Hancock may increase or decrease. In other words, similar to JRLFX's beta indicator, it measures the risk of John Hancock and helps estimate the fluctuations that may happen in a short period of time. So if prices of John Hancock fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.
Please read more on our technical analysis page.
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.

John Hancock Investment Opportunity

DOW has a standard deviation of returns of 1.27 and is 1.81 times more volatile than John Hancock Funds. of all equities and portfolios are less risky than John Hancock. Compared to the overall equity markets, volatility of historical daily returns of John Hancock Funds is lower than 6 () of all global equities and portfolios over the last 90 days.
Use John Hancock Funds to protect your portfolios against small market fluctuations. Benchmarks are essential to demonstrate the utility of optimization algorithms. The mutual fund experiences a moderate downward daily trend and can be a good diversifier. Check odds of John Hancock to be traded at $9.7 in 90 days. .

Significant diversification

The correlation between John Hancock Funds and DJI is Significant diversification for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding John Hancock Funds and DJI in the same portfolio, assuming nothing else is changed.

John Hancock Additional Risk Indicators

The analysis of John Hancock's secondary risk indicators is one of the essential steps in making a buy or sell decision. The process involves identifying the amount of risk involved in John Hancock's investment and either accepting that risk or mitigating it. Along with some common measures of John Hancock stock risk such as standard deviation, beta, or value at risk, we also provide a set of secondary indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Risk Adjusted Performance(0.024317)
Market Risk Adjusted Performance(1.45)
Mean Deviation0.5679
Coefficient Of Variation(7,856)
Standard Deviation0.7434
Information Ratio0.0507
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

John Hancock Suggested Diversification Pairs

Pair trading is one of the very effective strategies used by professional day traders and hedge funds capitalizing on short-time and mid-term market inefficiencies. The approach is based on the fact that the ratio of prices of two correlating shares is long-term stable and oscillates around the average value. If the correlation ratio comes outside the common area, you can speculate with a high success rate that the ratio will return to the mean value and collect a profit.
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The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against John Hancock as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. John Hancock's systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, John Hancock's unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to John Hancock Funds.
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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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.