JMVNX JHFunds2 Mid Value NAV Forecast, Technical & Fundamental Analysis

The most notable companies in this group are Corning (NYSE:GLW), Western Digital Corp (NASDAQ:WDC).

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.

The average market capitalization across the JHFunds2 Mid Value NAV MF is 17.6B. The market cap for tickers in the group ranges from 3.87B to 37.06B. GLW holds the highest valuation in this group at 37.06B. The lowest valued company is SEM at 3.87B.

The average weekly volume growth across all stocks in the JHFunds2 Mid Value NAV MF was 175%. For the same stocks of the MF, the average monthly volume growth was 56% and the average quarterly volume growth was 246%