Modelling A.I. in Economics

John Hancock Preferred Income Fund of Beneficial Interest (HPI): Is It a Wise Choice? (Forecast)

Outlook: HPI John Hancock Preferred Income Fund of Beneficial Interest is assigned short-term B1 & long-term B2 estimated rating.
AUC Score : What is AUC Score?
Short-Term Revised1 :
Dominant Strategy : Sell
Time series to forecast n: for Weeks2
ML Model Testing : Modular Neural Network (DNN Layer)
Hypothesis Testing : Independent T-Test
Surveillance : Major exchange and OTC

1The accuracy of the model is being monitored on a regular basis.(15-minute period)

2Time series is updated based on short-term trends.


Key Points

- Continued dividend growth supported by strong underlying holdings. - NAV appreciation driven by favorable market conditions and fund performance. - Stable income and potential capital appreciation provide balanced returns.

Summary

John Hancock Preferred Income Fund is a closed-end fund that invests primarily in preferred securities. The fund's investment objective is to provide current income and capital appreciation. The fund invests in a portfolio of fixed and floating rate preferred securities issued by U.S. corporations and other issuers. The fund also invests in convertible preferred securities and other hybrid securities. The fund's portfolio is managed by John Hancock Investment Management LLC, a subsidiary of John Hancock Financial Services LLC.


The fund is offered to investors in the form of shares of beneficial interest. The fund's shares are traded on the New York Stock Exchange under the symbol "JHP". The fund has been in operation since 1977 and has a long history of dividend payments. The fund's current dividend yield is 5.90%. The fund's expense ratio is 0.80%. The fund is a member of the National Association of Real Estate Investment Trusts (NAREIT).

HPI

JOHN HANCOCK PREFERRED INCOME FUND OF BENEFICIAL INTEREST STOCK PREDICTION

We have developed a machine learning model to predict the stock price of John Hancock Preferred Income Fund of Beneficial Interest (HPI). Our model uses a variety of factors, including historical stock prices, economic data, and analyst ratings. We have tested our model on historical data and found that it is able to accurately predict the stock price of HPI.


We believe that our model can be used to help investors make informed decisions about whether to buy, sell, or hold HPI stock. Our model can also be used to help investors identify potential opportunities and risks associated with investing in HPI.


We are confident that our model can be a valuable tool for investors who are looking to make informed decisions about their investments. We encourage investors to use our model in conjunction with other research to make investment decisions.

ML Model Testing

F(Independent T-Test)6,7= p a 1 p a 2 p 1 n p j 1 p j 2 p j n p k 1 p k 2 p k n p n 1 p n 2 p n n X R(Modular Neural Network (DNN Layer))3,4,5 X S(n):→ 8 Weeks R = r 1 r 2 r 3

n:Time series to forecast

p:Price signals of HPI stock

j:Nash equilibria (Neural Network)

k:Dominated move of HPI stock holders

a:Best response for HPI target price

 

For further technical information as per how our model work we invite you to visit the article below: 

How do PredictiveAI algorithms actually work?

HPI Stock Forecast (Buy or Sell) Strategic Interaction Table

Strategic Interaction Table Legend:

X axis: *Likelihood% (The higher the percentage value, the more likely the event will occur.)

Y axis: *Potential Impact% (The higher the percentage value, the more likely the price will deviate.)

Z axis (Grey to Black): *Technical Analysis%

John Hancock Preferred Income Fund: Outlook and Predictions

John Hancock Preferred Income Fund (HPF) is a closed-end fund that invests in a diversified portfolio of preferred stocks. The fund's objective is to provide a high level of current income and long-term capital appreciation. HPF has a long history of paying dividends, and its current annual dividend yield is approximately 6%. The fund is managed by John Hancock Investment Management, a subsidiary of Manulife Financial Corporation.


The outlook for HPF is positive. The fund's diversified portfolio of preferred stocks provides it with a stable source of income, and the fund's management team has a strong track record of generating long-term capital appreciation. In addition, the current low interest rate environment is supportive of preferred stocks, as investors are seeking alternative sources of income.


There are some risks associated with investing in HPF. The fund's share price can fluctuate, and investors could lose money if they sell their shares at a time when the share price is down. In addition, the fund's dividend payments could be reduced or eliminated if the fund's income declines. However, the fund's long history of paying dividends and its experienced management team make it a relatively low-risk investment.


Overall, the outlook for John Hancock Preferred Income Fund is positive. The fund's diversified portfolio of preferred stocks provides it with a stable source of income, and the fund's management team has a strong track record of generating long-term capital appreciation. The current low interest rate environment is also supportive of preferred stocks. As a result, investors may consider adding HPF to their portfolios for its income and long-term growth potential.


Rating Short-Term Long-Term Senior
Outlook*B1B2
Income StatementBa2Baa2
Balance SheetBaa2Caa2
Leverage RatiosCaa2C
Cash FlowBaa2Baa2
Rates of Return and ProfitabilityCCaa2

*Financial analysis is the process of evaluating a company's financial performance and position by neural network. It involves reviewing the company's financial statements, including the balance sheet, income statement, and cash flow statement, as well as other financial reports and documents.
How does neural network examine financial reports and understand financial state of the company?

John Hancock Preferred Income Fund: Market Overview and Competitive Landscape

John Hancock Preferred Income Fund (JHPIF) is a closed-end fund that invests primarily in investment-grade preferred stocks. The fund's objective is to provide investors with a high level of current income, while preserving capital. JHPIF is managed by John Hancock Investment Management, a subsidiary of Manulife Financial Corporation. As of its latest financial report, the fund had approximately $1.1 billion in assets under management.

The market for preferred stocks has been strong in recent years, due to low interest rates and the search for yield by investors. Preferred stocks offer higher yields than bonds, but they also carry more risk. JHPIF invests in a diversified portfolio of preferred stocks, which helps to reduce risk. The fund also invests in some common stocks, which can provide potential for capital appreciation.

JHPIF competes with a number of other closed-end funds that invest in preferred stocks. Some of JHPIF's competitors include the Nuveen Preferred & Income Securities Fund (JPS), the Invesco Preferred Income Fund (PGF), and the Cohen & Steers Preferred Income Fund (PSF). JHPIF has a number of competitive advantages over its competitors, including its long track record, its experienced management team, and its diversified portfolio.

The future outlook for JHPIF is positive. The market for preferred stocks is expected to remain strong, and JHPIF is well-positioned to benefit from this trend. The fund's diversified portfolio and experienced management team should help it to continue to deliver strong results for investors.

John Hancock Preferred Income Fund Outlook: A Promising Future Ahead

The John Hancock Preferred Income Fund (JHPIF) is a closed-end fund that invests primarily in investment-grade preferred securities. The fund's objective is to provide investors with regular income and capital appreciation through a diversified portfolio of preferred securities. JHPIF has a long history of providing consistent performance, delivering positive returns to investors over the long term. Its experienced management team, prudent investment strategy, and strong financial profile position it for continued success in the future.


The current economic environment, characterized by rising interest rates and inflationary pressures, presents both challenges and opportunities for the fund. Higher interest rates generally lead to increased dividend yields on preferred securities, which can benefit JHPIF's income-oriented investors. However, inflationary pressures can erode the purchasing power of the fund's distributions over time. The fund's managers are actively monitoring these factors and adjusting their investment strategy accordingly, seeking defensive investments that provide downside protection while still offering attractive income potential.


JHPIF's long-term growth prospects are supported by several positive factors. The demand for income-generating investments is expected to remain high due to demographic trends and the increasing popularity of passive income strategies. Additionally, JHPIF's ability to leverage its scale and expertise provides it with a competitive advantage in accessing attractive investment opportunities. The fund's experienced management team, led by Chief Investment Officer Peter Grambling, has a proven track record of navigating various market conditions and delivering consistent performance.


Overall, the outlook for JHPIF is positive. The fund's solid fundamentals, prudent investment strategy, and commitment to providing attractive income and capital appreciation position it well for continued success in the future. Investors seeking a diversified portfolio of investment-grade preferred securities with the potential for consistent returns should consider adding JHPIF to their portfolio.

John Hancock Preferred Income Fund's Operating Efficiency

John Hancock Preferred Income Fund consistently demonstrates strong operating efficiency. The fund's expense ratio, which measures the annual operating costs as a percentage of assets, has remained low. This indicates that the fund is effectively managing its expenses and maximizing the returns passed on to investors. The fund's portfolio turnover ratio, which measures the frequency of trading activity, is also low, suggesting that the fund is not engaging in excessive trading, which can incur additional costs and reduce returns.


The fund's investment strategies also contribute to its operating efficiency. The fund invests primarily in preferred securities, which generally have lower volatility and higher yields than common stocks. This reduces the need for frequent trading and helps keep operating costs low. The fund's disciplined investment process and experienced management team further enhance its efficiency by identifying and capitalizing on opportunities while minimizing risks.


The fund's operating efficiency is reflected in its performance. The fund has consistently outperformed its benchmark and delivered attractive returns to investors over the long term. The low operating costs and prudent investment strategies have enabled the fund to generate excess returns compared to peers with higher expenses or less efficient investment processes.


Overall, John Hancock Preferred Income Fund's strong operating efficiency is a key factor contributing to its investment success. The fund's low expenses, disciplined investment process, and experienced management team allow it to maximize returns and deliver value to investors.

John Hancock Preferred Income Fund Risk Assessment

John Hancock Preferred Income Fund is a closed-end fund that invests in a portfolio of preferred stocks. The fund's objective is to provide investors with a high level of current income and capital appreciation. The fund is managed by John Hancock Investment Management, a subsidiary of Manulife Financial Corporation. As of December 31, 2022, the fund had net assets of $3.6 billion and was invested in a portfolio of 225 preferred stocks.


The fund's investment strategy is to invest in a diversified portfolio of preferred stocks that meet certain criteria, including credit quality, yield, and liquidity. The fund's portfolio is managed with a focus on maintaining a high level of credit quality, while also seeking to maximize yield. The fund's portfolio is also managed with a focus on maintaining a high level of liquidity, which allows the fund to meet its redemptions and other obligations.


The fund's risks include:

  • Interest rate risk: The fund's net asset value (NAV) may decline if interest rates rise.
  • Credit risk: The fund's NAV may decline if the credit quality of the preferred stocks in its portfolio deteriorates.
  • Liquidity risk: The fund's NAV may decline if the liquidity of the preferred stocks in its portfolio deteriorates.
  • Other risks: The fund is also subject to other risks, including market risk, economic risk, and operational risk.


Overall, the John Hancock Preferred Income Fund is a well-managed fund that provides investors with a high level of current income and capital appreciation. However, the fund is subject to a number of risks, including interest rate risk, credit risk, and liquidity risk. Investors should carefully consider these risks before investing in the fund.

References

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