John Hancock Total Risk Alpha
| JHEM Etf | | | USD 34.44 -0.96 -2.71% |
John Hancock total risk alpha lookup summarizes this and related technical indicators for John Hancock Multifactor. 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 Multifactor in the portfolio view. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in discontinued.
John Hancock Multifactor has current Total Risk Alpha of 0.1601. 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] |
| = | 0.1601 | |
| 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 Multifactor lands at
#2 in total risk alpha against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs producing
44.11 in Maximum Drawdown for each unit of Total Risk Alpha. The spread between Maximum Drawdown and Total Risk Alpha for John Hancock Multifactor sits at
44.11 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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