John Hancock Total Risk Alpha
| GOIGX Fund | | | USD 35.18 -0.37 -1.04% |
John Hancock total risk alpha lookup summarizes this and related technical indicators for John Hancock International. Coverage depends on data availability and normalization;
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Risk vs Return Analysis to better understand diversified portfolio construction. Clearer exposure analysis supports long-term portfolio balance. This includes a position in John Hancock International in the portfolio view. 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 census.
John Hancock International has current Total Risk Alpha of 0.0209. The total risk alpha measures the performance of an asset by comparing its returns with those of a selected benchmark portfolio.
Total Risk Alpha | = | RFR + (ER[b] - ER[a]) | x | STD[a] / STD[b] |
| = | 0.0209 | |
| ER[a] | = | Expected return on investing in John Hancock |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on John Hancock |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
John Hancock Total Risk Alpha Peers Comparison
John Total Risk Alpha Relative To Other Indicators
John Hancock International is rated
below average. in total risk alpha among similar funds. It is currently under evaluation. in maximum drawdown among similar funds reporting about
293.94 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for John Hancock International is roughly
293.94 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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