Multimanager Lifestyle Servative Fund Market Value
| JTOIX Fund | USD 12.03 0.01 0.08% |
| Symbol | Multimanager |
Multimanager Lifestyle '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 Multimanager Lifestyle'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 Multimanager Lifestyle.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Multimanager Lifestyle on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Multimanager Lifestyle Servative or generate 0.0% return on investment in Multimanager Lifestyle over 30 days. Multimanager Lifestyle is related to or competes with Regional Bank, Regional Bank, Multimanager Lifestyle, Multimanager Lifestyle, Multimanager Lifestyle, Multimanager Lifestyle, and Regional Bank. The fund normally invests approximately 80 percent of its assets in underlying funds that invest primarily in fixed-inco... More
Multimanager Lifestyle 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 Multimanager Lifestyle'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 Multimanager Lifestyle Servative upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2172 | |||
| Information Ratio | (0.57) | |||
| Maximum Drawdown | 0.9188 | |||
| Value At Risk | (0.25) | |||
| Potential Upside | 0.3342 |
Multimanager Lifestyle Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Multimanager Lifestyle's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Multimanager Lifestyle's standard deviation. In reality, there are many statistical measures that can use Multimanager Lifestyle historical prices to predict the future Multimanager Lifestyle's volatility.| Risk Adjusted Performance | 0.016 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.54) | |||
| Treynor Ratio | 0.0118 |
Multimanager Lifestyle Backtested Returns
At this stage we consider Multimanager Mutual Fund to be very steady. Multimanager Lifestyle has Sharpe Ratio of 0.0754, which conveys that the entity had a 0.0754% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Multimanager Lifestyle, which you can use to evaluate the volatility of the fund. Please verify Multimanager Lifestyle's Risk Adjusted Performance of 0.016, mean deviation of 0.1646, and Downside Deviation of 0.2172 to check out if the risk estimate we provide is consistent with the expected return of 0.0159%. The fund secures a Beta (Market Risk) of 0.13, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Multimanager Lifestyle's returns are expected to increase less than the market. However, during the bear market, the loss of holding Multimanager Lifestyle is expected to be smaller as well.
Auto-correlation | 0.71 |
Good predictability
Multimanager Lifestyle Servative has good predictability. Overlapping area represents the amount of predictability between Multimanager Lifestyle time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Multimanager Lifestyle price movement. The serial correlation of 0.71 indicates that around 71.0% of current Multimanager Lifestyle price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.71 | |
| Spearman Rank Test | 0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Multimanager Lifestyle lagged returns against current returns
Autocorrelation, which is Multimanager Lifestyle 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 Multimanager Lifestyle's mutual fund expected returns. We can calculate the autocorrelation of Multimanager Lifestyle returns to help us make a trade decision. For example, suppose you find that Multimanager Lifestyle 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 |
Multimanager Lifestyle 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 Multimanager Lifestyle mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Multimanager Lifestyle mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Multimanager Lifestyle mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Multimanager Lifestyle Lagged Returns
When evaluating Multimanager Lifestyle's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Multimanager Lifestyle mutual fund have on its future price. Multimanager Lifestyle 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, Multimanager Lifestyle autocorrelation shows the relationship between Multimanager Lifestyle mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Multimanager Lifestyle Servative.
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 Multimanager Mutual Fund
Multimanager Lifestyle financial ratios help investors to determine whether Multimanager 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 Multimanager with respect to the benefits of owning Multimanager Lifestyle security.
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