Jhancock Diversified Macro Fund Price on October 17, 2024
| JDJIX Fund | USD 9.00 0.11 1.24% |
Below is the normalized historical share price chart for Jhancock Diversified Macro extending back to July 29, 2019. 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 Diversified stands at 9.00, as last reported on the 23rd of November, with the highest price reaching 9.00 and the lowest price hitting 9.00 during the day.
If you're considering investing in Jhancock Mutual Fund, it is important to understand the factors that can impact its price. Jhancock Diversified holds Efficiency (Sharpe) Ratio of -0.058, which attests that the entity had a -0.058% return per unit of risk over the last 3 months. Jhancock Diversified exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Jhancock Diversified's Market Risk Adjusted Performance of 0.3254, risk adjusted performance of (0.02), and Standard Deviation of 0.5513 to validate the risk estimate we provide.
Jhancock Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Jhancock |
Sharpe Ratio = -0.058
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Estimated Market Risk
| 0.54 actual daily | 4 96% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Jhancock Diversified is not performing at its full potential. However, 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 Diversified by adding Jhancock Diversified to a well-diversified portfolio.
Jhancock Diversified Valuation on October 17, 2024
It is possible to determine the worth of Jhancock Diversified on a given historical date. On October 17, 2024 Jhancock was worth 9.04 at the beginning of the trading date compared to the closed value of 9.04. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Jhancock Diversified mutual fund. Still, in general, we apply an absolute valuation method to find Jhancock Diversified'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 Diversified where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Jhancock Diversified's related companies.
| Open | High | Low | Close | Volume | |
| 9.03 | 9.03 | 9.03 | 9.03 | 1.00 | |
10/17/2024 | 9.04 | 9.04 | 9.04 | 9.04 | 1.00 |
| 9.11 | 9.11 | 9.11 | 9.11 | 1.00 |
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Jhancock Diversified Trading Date Momentum on October 17, 2024
| On October 18 2024 Jhancock Diversified Macro was traded for 9.11 at the closing time. The highest daily price throughout the period was 9.11 and the lowest price was 9.11 . There was no trading activity during the period 1.0. Lack of trading volume on 10/18/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.77% . The trading delta at closing time to current closing price is 0.11% . |
Jhancock Diversified Fundamentals Correlations and Trends
By evaluating Jhancock Diversified'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 Diversified'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 Diversified Mutual Fund history
Jhancock Diversified 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 Diversified 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 Diversified stock prices may prove useful in developing a viable investing in Jhancock Diversified
The fund pursues its investment objective by utilizing a multi-asset, quantitatively-driven investment strategy that seeks to provide exposure to diversified sources of return. The manager will allocate the funds assets across a range of asset classes comprising equities, fixed income, foreign currencies, and commodities. The fund is generally intended to have a low correlation to the equity and bond markets.
Jhancock Diversified Mutual Fund Technical Analysis
Jhancock Diversified 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 Diversified Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Jhancock Diversified Macro 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 Diversified November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Jhancock Diversified 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 Diversified shares will generate the highest return on investment. By undertsting and applying Jhancock Diversified mutual fund market strength indicators, traders can identify Jhancock Diversified Macro entry and exit signals to maximize returns
Jhancock Diversified Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Jhancock Diversified'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 | (0.02) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | 0.3154 |
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Other Information on Investing in Jhancock Mutual Fund
Jhancock Diversified 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 Diversified security.
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