Jhancock Multi Index 2065 Fund Probability of Future Mutual Fund Price Finishing Over 15.05
JAAKX Fund | USD 14.94 0.07 0.47% |
Jhancock |
Jhancock Multi Target Price Odds to finish over 15.05
The tendency of Jhancock Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current Price | Horizon | Target Price | Odds to move over $ 15.05 or more in 90 days |
14.94 | 90 days | 15.05 | about 5.16 |
Based on a normal probability distribution, the odds of Jhancock Multi to move over $ 15.05 or more in 90 days from now is about 5.16 (This Jhancock Multi Index 2065 probability density function shows the probability of Jhancock Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Jhancock Multi Index price to stay between its current price of $ 14.94 and $ 15.05 at the end of the 90-day period is about 5.92 .
Assuming the 90 days horizon Jhancock Multi Index 2065 has a beta of -0.0151. This indicates as returns on the benchmark increase, returns on holding Jhancock Multi are expected to decrease at a much lower rate. During a bear market, however, Jhancock Multi Index 2065 is likely to outperform the market. Additionally Jhancock Multi Index 2065 has an alpha of 0.0679, implying that it can generate a 0.0679 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Jhancock Multi Price Density |
Price |
Predictive Modules for Jhancock Multi
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Jhancock Multi Index. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Jhancock Multi Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Jhancock Multi is not an exception. The market had few large corrections towards the Jhancock Multi's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Jhancock Multi Index 2065, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Jhancock Multi within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.07 | |
β | Beta against Dow Jones | -0.02 | |
σ | Overall volatility | 0.27 | |
Ir | Information ratio | -0.08 |
Jhancock Multi Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Jhancock Multi for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Jhancock Multi Index can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.The fund retains 93.31% of its assets under management (AUM) in equities |
Jhancock Multi Technical Analysis
Jhancock Multi's future price can be derived by breaking down and analyzing its technical indicators over time. Jhancock Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Jhancock Multi Index 2065. In general, you should focus on analyzing Jhancock Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Jhancock Multi Predictive Forecast Models
Jhancock Multi's time-series forecasting models is one of many Jhancock Multi's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Jhancock Multi's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.
Things to note about Jhancock Multi Index
Checking the ongoing alerts about Jhancock Multi for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Jhancock Multi Index help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The fund retains 93.31% of its assets under management (AUM) in equities |
Other Information on Investing in Jhancock Mutual Fund
Jhancock Multi financial ratios help investors to determine whether Jhancock Mutual 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 Jhancock with respect to the benefits of owning Jhancock Multi security.
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