Notable companies
The most notable companies in this group are Corning (NYSE:GLW), Western Digital Corp (NASDAQ:WDC).
Industry description
The investment seeks long-term capital appreciation.
The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in companies with market capitalizations that are within the S&P Mid Cap 400 Index or the Russell MidCap Value Index. It invests in a diversified mix of common stocks of mid-size U.S. companies that are believed to be undervalued by various measures and offer good prospects for capital appreciation. The fund may invest up to 10% of its total assets in hybrid instruments. It normally has less than 10% of its assets in cash and cash equivalents.
Market Cap
The average market capitalization across the JHFunds2 Mid Value NAV MF is 17.71B. The market cap for tickers in the group ranges from 3.87B to 38.02B. GLW holds the highest valuation in this group at 38.02B. The lowest valued company is SEM at 3.87B.
Volume
The average weekly volume growth across all stocks in the JHFunds2 Mid Value NAV MF was 1%. For the same stocks of the MF, the average monthly volume growth was 34% and the average quarterly volume growth was 16%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 59
P/E Growth Rating: 46
Price Growth Rating: 35
SMR Rating: 73
Profit Risk Rating: 50
Seasonality Score: -20 (-100 ... +100)