John Hancock Correlations

Mutual Funds . USA . 
Fund . John Hancock Enduring
JEEIX Fund  USD 16.69  0.12  0.72%   
The current 90-days correlation between John Hancock Enduring and Auer Growth Fund is 0.39 (i.e., Weak diversification). The correlation of John Hancock is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

John Hancock Correlation With Market

Modest diversification

The correlation between John Hancock Enduring and DJI is 0.26 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding John Hancock Enduring and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in John Hancock Enduring. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Moving together with John Mutual Fund

  0.74FRBAX Regional BankPairCorr
  0.74FRBCX Regional BankPairCorr
  0.85JQLMX Multimanager LifestylePairCorr
  0.83JQLBX Multimanager LifestylePairCorr
  0.82JQLAX Multimanager LifestylePairCorr
  0.87JQLCX Multimanager LifestylePairCorr
  0.82JQLGX Multimanager LifestylePairCorr
  0.74JRBFX Regional BankPairCorr
  0.82JRETX J Hancock IiPairCorr
  0.74JRGRX Regional BankPairCorr
  0.87JRLDX Retirement Living ThroughPairCorr
  0.87JRLFX Multi Index 2010PairCorr
  0.86JRLIX Retirement Living ThroughPairCorr
  0.87JRLHX Retirement Living ThroughPairCorr
  0.86JRLKX Multi Index 2015PairCorr
  0.86JRLLX Retirement Living ThroughPairCorr
  0.86JRLOX Retirement Living ThroughPairCorr
  0.82JRLQX Retirement Living ThroughPairCorr
  0.86JRLPX Multi Index 2020PairCorr
  0.82JRLUX Multi Index 2045PairCorr
  0.82JRLWX Retirement Living ThroughPairCorr
  0.82JRLVX Retirement Living ThroughPairCorr
  0.82JRLZX Retirement Living ThroughPairCorr
  0.82JROUX J Hancock IiPairCorr
  0.82JRODX J Hancock IiPairCorr
  0.82JAAFX Jhancock Multi IndexPairCorr
  0.82JAAJX Jhancock Multi IndexPairCorr
  0.86JAAIX Alternative AssetPairCorr
  0.82JAAKX Jhancock Multi IndexPairCorr
  0.86JAAPX Alternative AssetPairCorr
  0.85JRTBX Retirement Living ThroughPairCorr
  0.86JRTAX Retirement Living ThroughPairCorr
  0.86JAARX Alternative AssetPairCorr
  0.85JRTDX Multi Index 2025PairCorr
  0.84JRTGX Retirement Living ThroughPairCorr
  0.85JRTFX Retirement Living ThroughPairCorr
  0.86JAASX Alternative AssetPairCorr
  0.84JRTIX Multi Index 2030PairCorr
  0.82JAAVX Jhancock MultimanagerPairCorr
  0.83JRTKX Retirement Living ThroughPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between John Mutual Fund performing well and John Hancock Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze John Hancock's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2025 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY