J Hancock Ii Fund Probability of Future Mutual Fund Price Finishing Over 10.73
| JROUX Fund | USD 14.36 0.07 0.49% |
JROUX |
J Hancock Target Price Odds to finish over 10.73
The tendency of JROUX 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 stay above $ 10.73 in 90 days |
| 14.36 | 90 days | 10.73 | close to 99 |
Based on a normal probability distribution, the odds of J Hancock to stay above $ 10.73 in 90 days from now is close to 99 (This J Hancock Ii probability density function shows the probability of JROUX Mutual Fund to fall within a particular range of prices over 90 days) . Probability of J Hancock Ii price to stay between $ 10.73 and its current price of $14.36 at the end of the 90-day period is about 88.31 .
Assuming the 90 days horizon J Hancock Ii has a beta of -0.0419. This indicates as returns on the benchmark increase, returns on holding J Hancock are expected to decrease at a much lower rate. During a bear market, however, J Hancock Ii is likely to outperform the market. Additionally J Hancock Ii has an alpha of 0.0547, implying that it can generate a 0.0547 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). J Hancock Price Density |
| Price |
Predictive Modules for J Hancock
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as J Hancock Ii. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of J Hancock's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
J Hancock Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. J Hancock is not an exception. The market had few large corrections towards the J Hancock'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 J Hancock Ii, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of J Hancock within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.05 | |
β | Beta against Dow Jones | -0.04 | |
σ | Overall volatility | 0.26 | |
Ir | Information ratio | -0.1 |
J Hancock 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 J Hancock for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for J Hancock Ii 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 90.53% of its assets under management (AUM) in equities |
J Hancock Technical Analysis
J Hancock's future price can be derived by breaking down and analyzing its technical indicators over time. JROUX Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of J Hancock Ii. In general, you should focus on analyzing JROUX Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
J Hancock Predictive Forecast Models
J Hancock's time-series forecasting models is one of many J Hancock'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 J Hancock'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 J Hancock Ii
Checking the ongoing alerts about J Hancock for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for J Hancock Ii 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 90.53% of its assets under management (AUM) in equities |
Other Information on Investing in JROUX Mutual Fund
J Hancock financial ratios help investors to determine whether JROUX 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 JROUX with respect to the benefits of owning J Hancock security.
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios |