James Aggressive Allocation Fund Market Value
| JAVAX Fund | USD 14.68 0.07 0.48% |
| Symbol | James |
James Aggressive '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 James Aggressive'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 James Aggressive.
| 12/12/2022 |
| 12/01/2024 |
If you would invest 0.00 in James Aggressive on December 12, 2022 and sell it all today you would earn a total of 0.00 from holding James Aggressive Allocation or generate 0.0% return on investment in James Aggressive over 720 days. James Aggressive is related to or competes with Qs Us, Principal Lifetime, Legg Mason, T Rowe, Jhancock Disciplined, Alternative Asset, and Tax-managed. Under normal circumstances, the fund invests primarily in equity securities of foreign and domestic companies that the A... More
James Aggressive 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 James Aggressive'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 James Aggressive Allocation upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7303 | |||
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 2.89 | |||
| Value At Risk | (0.90) | |||
| Potential Upside | 0.9326 |
James Aggressive Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for James Aggressive's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as James Aggressive's standard deviation. In reality, there are many statistical measures that can use James Aggressive historical prices to predict the future James Aggressive's volatility.| Risk Adjusted Performance | 0.0936 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 0.096 |
James Aggressive All Backtested Returns
At this stage we consider James Mutual Fund to be very steady. James Aggressive All holds Efficiency (Sharpe) Ratio of 0.17, which attests that the entity had a 0.17% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for James Aggressive All, which you can use to evaluate the volatility of the entity. Please check out James Aggressive's Risk Adjusted Performance of 0.0936, downside deviation of 0.7303, and Market Risk Adjusted Performance of 0.106 to validate if the risk estimate we provide is consistent with the expected return of 0.1%. The fund retains a Market Volatility (i.e., Beta) of 0.73, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, James Aggressive's returns are expected to increase less than the market. However, during the bear market, the loss of holding James Aggressive is expected to be smaller as well.
Auto-correlation | 0.79 |
Good predictability
James Aggressive Allocation has good predictability. Overlapping area represents the amount of predictability between James Aggressive time series from 12th of December 2022 to 7th of December 2023 and 7th of December 2023 to 1st of December 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 James Aggressive All price movement. The serial correlation of 0.79 indicates that around 79.0% of current James Aggressive price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.79 | |
| Spearman Rank Test | 0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 0.62 |
James Aggressive All lagged returns against current returns
Autocorrelation, which is James Aggressive 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 James Aggressive's mutual fund expected returns. We can calculate the autocorrelation of James Aggressive returns to help us make a trade decision. For example, suppose you find that James Aggressive 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 |
James Aggressive 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 James Aggressive mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if James Aggressive mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in James Aggressive mutual fund over time.
Current vs Lagged Prices |
| Timeline |
James Aggressive Lagged Returns
When evaluating James Aggressive's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of James Aggressive mutual fund have on its future price. James Aggressive 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, James Aggressive autocorrelation shows the relationship between James Aggressive mutual fund current value and its past values and can show if there is a momentum factor associated with investing in James Aggressive Allocation.
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 James Mutual Fund
James Aggressive financial ratios help investors to determine whether James 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 James with respect to the benefits of owning James Aggressive security.
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