Jhancock Multi Index 2065 Fund Price on September 5, 2024
| JAAJX Fund | USD 14.87 0.07 0.47% |
Below is the normalized historical share price chart for Jhancock Multi Index 2065 extending back to September 23, 2020. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Jhancock Multi stands at 14.87, as last reported on the 23rd of November, with the highest price reaching 14.87 and the lowest price hitting 14.87 during the day.
If you're considering investing in Jhancock Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Jhancock Mutual Fund to be very steady. Jhancock Multi Index holds Efficiency (Sharpe) Ratio of 0.0775, which attests that the entity had a 0.0775% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Jhancock Multi Index, which you can use to evaluate the volatility of the entity. Please check out Jhancock Multi's Downside Deviation of 0.7164, market risk adjusted performance of (1.43), and Risk Adjusted Performance of 0.0626 to validate if the risk estimate we provide is consistent with the expected return of 0.0528%.
Jhancock Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Jhancock |
Sharpe Ratio = 0.0775
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Estimated Market Risk
| 0.68 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Jhancock Multi is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Jhancock Multi by adding it to a well-diversified portfolio.
Jhancock Multi Valuation on September 5, 2024
It is possible to determine the worth of Jhancock Multi on a given historical date. On September 5, 2024 Jhancock was worth 14.13 at the beginning of the trading date compared to the closed value of 14.13. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Jhancock Multi mutual fund. Still, in general, we apply an absolute valuation method to find Jhancock Multi's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Jhancock Multi where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Jhancock Multi's related companies.
| Open | High | Low | Close | Volume | |
| 14.16 | 14.16 | 14.16 | 14.16 | 1.00 | |
09/05/2024 | 14.13 | 14.13 | 14.13 | 14.13 | 1.00 |
| 13.90 | 13.90 | 13.90 | 13.90 | 1.00 |
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Jhancock Multi Trading Date Momentum on September 5, 2024
| On September 06 2024 Jhancock Multi Index 2065 was traded for 13.90 at the closing time. The highest daily price throughout the period was 13.90 and the lowest price was 13.90 . There was no trading activity during the period 1.0. Lack of trading volume on 09/06/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 1.63% . The trading delta at closing time to current closing price is 2.05% . |
Jhancock Multi Index Fundamentals Correlations and Trends
By evaluating Jhancock Multi's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Jhancock Multi's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Jhancock financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Jhancock Multi Mutual Fund history
Jhancock Multi investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Jhancock is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Jhancock Multi Index will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Jhancock Multi stock prices may prove useful in developing a viable investing in Jhancock Multi
Under normal market conditions, the fund invests substantially all of its assets in underlying funds using an asset allocation strategy designed for investors expected to retire around the year 2065. The managers of the fund allocate assets among the underlying funds according to an asset allocation strategy that becomes increasingly conservative over time. It has a target asset allocation of 95 percent of its assets in underlying funds that invest primarily in equity securities.
Jhancock Multi Mutual Fund Technical Analysis
Jhancock Multi technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Jhancock Multi Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Jhancock Multi Index 2065 cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Jhancock Multi November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Jhancock Multi mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Jhancock Multi shares will generate the highest return on investment. By undertsting and applying Jhancock Multi mutual fund market strength indicators, traders can identify Jhancock Multi Index 2065 entry and exit signals to maximize returns
Jhancock Multi Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Jhancock Multi's price direction in advance. Along with the technical and fundamental analysis of Jhancock Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Jhancock to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0626 | |||
| Jensen Alpha | 0.0513 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.10) | |||
| Treynor Ratio | (1.44) |
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| Volume Indicators |
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.
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated |