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JAARX JHancock Alternative Asset Allc R6 Forecast, Technical & Fundamental Analysis

The investment seeks long-term growth of capital... Show more

Category: #Trading
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A.I.Advisor
published Highlights

Industry description

The investment seeks long-term growth of capital. The fund allocates its assets among other affiliated and unaffiliated underlying funds, including exchange-traded funds (ETFs), that emphasize alternative or nontraditional asset categories or investment strategies such as international small-cap stocks, emerging-market equity, commodities, market neutral (long/short), global real estate, natural resources, TIPS (Treasury Inflation-Protected Securities), global bonds, high yield, bank loans, foreign currency trading strategies, absolute return strategies, managed futures, arbitrage strategies, tactical investment strategies, and emerging-market debt.
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A.I. Advisor
published General Information

General Information

Category Trading

Profile
Details
Category
Multistrategy
Address
John Hancock Funds601 Congress StreetBoston
Phone
N/A
Web
www.jhfunds.com
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JAARX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, JAARX has been closely correlated with GARUX. These tickers have moved in lockstep 92% of the time. This A.I.-generated data suggests there is a high statistical probability that if JAARX jumps, then GARUX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To JAARX
1D Price
Change %
JAARX100%
+0.28%
GARUX - JAARX
92%
Closely correlated
+0.26%
GARTX - JAARX
91%
Closely correlated
+0.27%
BXMYX - JAARX
59%
Loosely correlated
+0.09%
BXMIX - JAARX
58%
Loosely correlated
+0.09%
QDSNX - JAARX
54%
Loosely correlated
+0.54%
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