HPI (John Hancock Preferredome Fund) Momentum Rank: 7 (As of Aug. 12, 2026) — Near Median

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HPI John Hancock Preferred Income Fund HPI
30 GF Score
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What is John Hancock Preferredome Fund Momentum Rank?

John Hancock Preferredome Fund HPI 30 Momentum Rank is 7 as of Aug. 12, 2026, which is at its 10-year median of 7.00. GuruFocus rates HPI with a GF Score™ of 30/100. The stock has 6 warning signs investors should review.

John Hancock Preferredome Fund has the Momentum Rank of 7.

Momentum Rank measures the strength and persistence of a stock's price movement over time, rated on a scale of 1 to 10.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

A higher score reflects strong price momentum and indicates greater potential for superior performance. Conversely, a lower score indicates that momentum is either too high or too low, and stocks tend to underperform.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

John Hancock Preferredome Fund Momentum Rank Related Terms

HPI vs EVN, GLAD, DFP: Momentum Rank Comparison

For the Asset Management subindustry, John Hancock Preferredome Fund's Momentum Rank, along with its competitors' market caps and Momentum Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

John Hancock Preferredome Fund Momentum Rank vs Asset Management Industry

For the Asset Management industry and Financial Services sector, John Hancock Preferredome Fund's Momentum Rank distribution charts can be found below:

* The bar in red indicates where John Hancock Preferredome Fund's Momentum Rank falls into.


HPI
30GF Score
John Hancock Preferred Income Fund HPI
Momentum Rank is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Momentum Rank →
What does a Momentum Rank of 7 mean?
John Hancock Preferredome Fund (HPI) has a Momentum Rank of 7 as of Aug. 12, 2026. Momentum Rank is determined using the standardized momentum ratio, measuring the speed and velocity of price changes in a stock. View historical data on John Hancock Preferredome Fund and its competitors. This is near median its historical median of 7.00. Over the past decade, John Hancock Preferredome Fund's Momentum Rank has ranged from 1.00 to 10.00.
Is John Hancock Preferredome Fund's Momentum Rank too high?
John Hancock Preferredome Fund's current Momentum Rank of 7 is near median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 10.00. Overall, John Hancock Preferredome Fund has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does John Hancock Preferredome Fund's Momentum Rank compare to EVN and GLAD?
John Hancock Preferredome Fund's Momentum Rank of 7 can be compared against companies in the Asset Management industry. Historically, John Hancock Preferredome Fund's own Momentum Rank has ranged from 1.00 to 10.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Momentum Rank for an Asset Management company?
A good Momentum Rank depends on the Asset Management industry context. However, Momentum Rank should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Momentum Rank mean?
A high Momentum Rank can signal that a stock is expensive relative to its fundamentals. Momentum Rank is determined using the standardized momentum ratio, measuring the speed and velocity of price changes in a stock. View historical data on John Hancock Preferredome Fund and its competitors. John Hancock Preferredome Fund's current Momentum Rank is 7, which is near median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is John Hancock Preferredome Fund stock overvalued right now?
John Hancock Preferredome Fund (HPI) has a current Momentum Rank of 7. The current Momentum Rank is 7, which is near median its 10-year median of 7.00. John Hancock Preferredome Fund's overall GF Score™ is 30/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Momentum Rank calculated?
Momentum Rank is calculated from a company's financial statements. For John Hancock Preferredome Fund (HPI), the current Momentum Rank is 7 as of Aug. 12, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

John Hancock Preferredome Fund Business Description

Address 200 Berkeley Street, Boston, MA, USA, 02116
John Hancock Preferred Income Fund is a closed-end, diversified management investment company. Its primary investment objective is to provide a high-level of current income consistent with preservation of capital. The fund's secondary investment objective is to provide growth of capital to the extent consistent with its primary investment objective. It seeks to achieve its investment objectives by investing in securities that may be undervalued relative to similar securities in the marketplace. The fund's principal investment strategies include investing a majority of its assets in preferred stocks and other preferred securities. Its portfolio composition consists of U.S preferred securities, common stocks, foreign preferred securities, corporate bonds, and short-term investments.
30GF Score

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