Jhancock Short Duration Fund Probability of Future Mutual Fund Price Finishing Under 8.52
| JSNIX Fund | USD 9.26 0.03 0.32% |
Jhancock |
Jhancock Short Target Price Odds to finish below 8.52
The tendency of Jhancock Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 8.52 or more in 90 days |
| 9.26 | 90 days | 8.52 | near 1 |
Based on a normal probability distribution, the odds of Jhancock Short to drop to $ 8.52 or more in 90 days from now is near 1 (This Jhancock Short Duration probability density function shows the probability of Jhancock Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Jhancock Short Duration price to stay between $ 8.52 and its current price of $9.26 at the end of the 90-day period is roughly 96.0 .
Assuming the 90 days horizon Jhancock Short has a beta of 0.0415. This indicates as returns on the market go up, Jhancock Short average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Jhancock Short Duration will be expected to be much smaller as well. Additionally Jhancock Short Duration has an alpha of 0.0095, implying that it can generate a 0.009477 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Jhancock Short Price Density |
| Price |
Predictive Modules for Jhancock Short
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Jhancock Short Duration. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Jhancock Short'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.
Jhancock Short Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Jhancock Short is not an exception. The market had few large corrections towards the Jhancock Short's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Jhancock Short Duration, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Jhancock Short within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.01 | |
β | Beta against NYSE Composite | 0.04 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | 0.02 |
Jhancock Short Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Jhancock Short for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Jhancock Short Duration can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The fund retains about 97.2% of its assets under management (AUM) in fixed income securities |
Jhancock Short Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Jhancock Mutual Fund often depends not only on the future outlook of the current and potential Jhancock Short's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Jhancock Short's indicators that are reflective of the short sentiment are summarized in the table below.
Jhancock Short Technical Analysis
Jhancock Short's future price can be derived by breaking down and analyzing its technical indicators over time. Jhancock Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Jhancock Short Duration. In general, you should focus on analyzing Jhancock Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Jhancock Short Predictive Forecast Models
Jhancock Short's time-series forecasting models is one of many Jhancock Short's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Jhancock Short's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.
Things to note about Jhancock Short Duration
Checking the ongoing alerts about Jhancock Short for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Jhancock Short Duration help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The fund retains about 97.2% of its assets under management (AUM) in fixed income securities |
Other Information on Investing in Jhancock Mutual Fund
Jhancock Short 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 Short security.
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