JFT Strategies Fund Forecast - Price Action Indicator
| JFS-UN Fund | CAD 24.53 0.02 0.08% |
JFT Fund Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast JFT Strategies stock prices and determine the direction of JFT Strategies's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of JFT Strategies' historical fundamentals, such as revenue growth or operating cash flow patterns.
JFT |
| Previous Price Action Indicator | Price Action Indicator | Trend |
| 0.055 | (0.17) |
| Check JFT Strategies Volatility | Backtest JFT Strategies | Information Ratio |
JFT Strategies Trading Date Momentum
| On November 25 2024 JFT Strategies was traded for 24.53 at the closing time. The highest price during the trading period was 24.89 and the lowest recorded bid was listed for 24.53 . The volume for the day was 3.2 K. This history from November 25, 2024 did not cause price change. The trading delta at closing time to the current price is 0.20% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for JFT Strategies
For every potential investor in JFT, whether a beginner or expert, JFT Strategies' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. JFT Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in JFT. Basic forecasting techniques help filter out the noise by identifying JFT Strategies' price trends.JFT Strategies Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with JFT Strategies fund to make a market-neutral strategy. Peer analysis of JFT Strategies could also be used in its relative valuation, which is a method of valuing JFT Strategies by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
JFT Strategies Technical and Predictive Analytics
The fund market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of JFT Strategies' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of JFT Strategies' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
JFT Strategies Market Strength Events
Market strength indicators help investors to evaluate how JFT Strategies fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading JFT Strategies shares will generate the highest return on investment. By undertsting and applying JFT Strategies fund market strength indicators, traders can identify JFT Strategies entry and exit signals to maximize returns.
JFT Strategies Risk Indicators
The analysis of JFT Strategies' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in JFT Strategies' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting jft fund prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.4974 | |||
| Standard Deviation | 0.732 | |||
| Variance | 0.5359 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Pair Trading with JFT Strategies
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if JFT Strategies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in JFT Strategies will appreciate offsetting losses from the drop in the long position's value.Moving against JFT Fund
| 0.48 | 0P00012UCU | RBC Global Equity | PairCorr |
| 0.47 | 0P0000OXA6 | PHN Multi Style | PairCorr |
| 0.38 | 0P0000706A | RBC Select Balanced | PairCorr |
| 0.38 | 0P00007069 | RBC Portefeuille | PairCorr |
| 0.36 | 0P0001FAU8 | TD Comfort Balanced | PairCorr |
The ability to find closely correlated positions to JFT Strategies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace JFT Strategies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back JFT Strategies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling JFT Strategies to buy it.
The correlation of JFT Strategies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as JFT Strategies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if JFT Strategies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for JFT Strategies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in JFT Fund
JFT Strategies financial ratios help investors to determine whether JFT Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in JFT with respect to the benefits of owning JFT Strategies security.
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