Multi Index 2045 Lifetime Fund Market Value
| JRLUX Fund | USD 14.94 0.08 0.54% |
| Symbol | Multi-index |
Multi-index 2045 '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 Multi-index 2045'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 Multi-index 2045.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Multi-index 2045 on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Multi Index 2045 Lifetime or generate 0.0% return on investment in Multi-index 2045 over 720 days. Multi-index 2045 is related to or competes with Goldman Sachs, Calvert High, Gmo High, Fidelity Capital, Ppm High, Alpine High, and Pace High. The fund invests substantially all of its assets in underlying funds using an asset allocation strategy designed for inv... More
Multi-index 2045 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 Multi-index 2045'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 Multi Index 2045 Lifetime upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6982 | |||
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 2.92 | |||
| Value At Risk | (0.89) | |||
| Potential Upside | 1.01 |
Multi-index 2045 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Multi-index 2045's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Multi-index 2045's standard deviation. In reality, there are many statistical measures that can use Multi-index 2045 historical prices to predict the future Multi-index 2045's volatility.| Risk Adjusted Performance | 0.0881 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | 0.0963 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Multi-index 2045'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.
Multi Index 2045 Backtested Returns
At this stage we consider Multi-index Mutual Fund to be very steady. Multi Index 2045 has Sharpe Ratio of 0.15, which conveys that the entity had a 0.15% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Multi-index 2045, which you can use to evaluate the volatility of the fund. Please verify Multi-index 2045's Downside Deviation of 0.6982, risk adjusted performance of 0.0881, and Mean Deviation of 0.4815 to check out if the risk estimate we provide is consistent with the expected return of 0.0922%. The fund secures a Beta (Market Risk) of 0.67, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Multi-index 2045's returns are expected to increase less than the market. However, during the bear market, the loss of holding Multi-index 2045 is expected to be smaller as well.
Auto-correlation | 0.46 |
Average predictability
Multi Index 2045 Lifetime has average predictability. Overlapping area represents the amount of predictability between Multi-index 2045 time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd 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 Multi Index 2045 price movement. The serial correlation of 0.46 indicates that about 46.0% of current Multi-index 2045 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.46 | |
| Spearman Rank Test | 0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 0.53 |
Multi Index 2045 lagged returns against current returns
Autocorrelation, which is Multi-index 2045 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 Multi-index 2045's mutual fund expected returns. We can calculate the autocorrelation of Multi-index 2045 returns to help us make a trade decision. For example, suppose you find that Multi-index 2045 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 |
Multi-index 2045 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 Multi-index 2045 mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Multi-index 2045 mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Multi-index 2045 mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Multi-index 2045 Lagged Returns
When evaluating Multi-index 2045's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Multi-index 2045 mutual fund have on its future price. Multi-index 2045 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, Multi-index 2045 autocorrelation shows the relationship between Multi-index 2045 mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Multi Index 2045 Lifetime.
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 Multi-index Mutual Fund
Multi-index 2045 financial ratios help investors to determine whether Multi-index 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 Multi-index with respect to the benefits of owning Multi-index 2045 security.
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