Jhancock Real Estate Fund Market Value
| JABFX Fund | USD 13.60 0.07 0.51% |
| Symbol | Jhancock |
Jhancock Real 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Jhancock Real's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Jhancock Real.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Jhancock Real on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Jhancock Real Estate or generate 0.0% return on investment in Jhancock Real over 30 days. Jhancock Real is related to or competes with Realty Income, Dynex Capital, First Industrial, Healthcare Realty, Kennedy Wilson, Belpointe PREP, and Park Hotels. The fund invests at least 80 percent of its net assets in equity securities of REITs and real estate companies More
Jhancock Real Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Jhancock Real's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Jhancock Real Estate upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8682 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 3.5 | |||
| Value At Risk | (1.15) | |||
| Potential Upside | 1.22 |
Jhancock Real Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jhancock Real's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jhancock Real's standard deviation. In reality, there are many statistical measures that can use Jhancock Real historical prices to predict the future Jhancock Real's volatility.| Risk Adjusted Performance | 0.0954 | |||
| Jensen Alpha | 0.0552 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.3309 |
Jhancock Real Estate Backtested Returns
At this stage we consider Jhancock Mutual Fund to be very steady. Jhancock Real Estate holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had a 0.12% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Jhancock Real Estate, which you can use to evaluate the volatility of the entity. Please check out Jhancock Real's Risk Adjusted Performance of 0.0954, downside deviation of 0.8682, and Market Risk Adjusted Performance of 0.3409 to validate if the risk estimate we provide is consistent with the expected return of 0.0955%. The fund retains a Market Volatility (i.e., Beta) of 0.27, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Jhancock Real's returns are expected to increase less than the market. However, during the bear market, the loss of holding Jhancock Real is expected to be smaller as well.
Auto-correlation | 0.65 |
Good predictability
Jhancock Real Estate has good predictability. Overlapping area represents the amount of predictability between Jhancock Real time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Jhancock Real Estate price movement. The serial correlation of 0.65 indicates that roughly 65.0% of current Jhancock Real price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.65 | |
| Spearman Rank Test | 0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Jhancock Real Estate lagged returns against current returns
Autocorrelation, which is Jhancock Real mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Jhancock Real's mutual fund expected returns. We can calculate the autocorrelation of Jhancock Real returns to help us make a trade decision. For example, suppose you find that Jhancock Real has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Jhancock Real regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Jhancock Real mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jhancock Real mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jhancock Real mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Jhancock Real Lagged Returns
When evaluating Jhancock Real's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jhancock Real mutual fund have on its future price. Jhancock Real autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Jhancock Real autocorrelation shows the relationship between Jhancock Real mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Jhancock Real Estate.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Jhancock Mutual Fund
Jhancock Real 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 Real security.
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