Multi Index 2030 Lifetime Fund Quote
JRTIX Fund | USD 11.66 0.02 0.17% |
Performance8 of 100
| Odds Of DistressLess than 39
|
Multi Index is trading at 11.66 as of the 19th of March 2024; that is 0.17 percent increase since the beginning of the trading day. The fund's open price was 11.64. Multi Index has about a 39 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Multi Index 2030 Lifetime are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2023 and ending today, the 19th of March 2024. Click here to learn more.
The fund invests substantially all of its assets in underlying funds using an asset allocation strategy designed for investors expected to retire around the year 2030. The managers of the fund allocate assets among the underlying funds according to an asset allocation strategy that becomes increasingly conservative over time.. More on Multi Index 2030 Lifetime
Moving together with Multi Mutual Fund
0.79 | STFGX | State Farm Growth | PairCorr |
1.0 | JQLMX | Multimanager Lifestyle | PairCorr |
1.0 | JQLBX | Multimanager Lifestyle | PairCorr |
0.91 | JQLAX | Multimanager Lifestyle | PairCorr |
0.88 | JQLCX | Multimanager Lifestyle | PairCorr |
Moving against Multi Mutual Fund
0.42 | FRBCX | Regional Bank Fund | PairCorr |
0.41 | FRBAX | Regional Bank Fund | PairCorr |
Multi Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Multi Index's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Multi Index or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fund Concentration | John Hancock Funds, Large Blend Funds, Target-Date 2030 Funds, Target-Date 2030, John Hancock (View all Sectors) |
Update Date | 31st of March 2024 |
Multi Index 2030 Lifetime [JRTIX] is traded in USA and was established 19th of March 2024. Multi Index is listed under John Hancock category by Fama And French industry classification. The fund is listed under Target-Date 2030 category and is part of John Hancock family. This fund currently has accumulated 243.78 M in assets under management (AUM) with no minimum investment requirementsMulti-index 2030 Lifetime is currently producing year-to-date (YTD) return of 2.56% with the current yeild of 0.02%, while the total return for the last 3 years was 2.02%.
Check Multi Index Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Multi Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Multi Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Multi Index 2030 Lifetime Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Multi Index 2030 Lifetime Mutual Fund Constituents
VCSH | Vanguard Short Term Corporate | Etf | Short-Term Bond |
ACWV | IShares MSCI Global | Etf | Global Large-Stock Blend |
BND | Vanguard Total Bond | Etf | Intermediate Core Bond |
EMB | IShares JP Morgan | Etf | Emerging Markets Bond |
HYLB | Xtrackers USD High | Etf | High Yield Bond |
USMV | IShares MSCI USA | Etf | Large Blend |
VCIT | Vanguard Intermediate Term Corporate | Etf | Corporate Bond |
Multi Index Target Price Odds Analysis
Based on a normal probability distribution, the odds of Multi Index jumping above the current price in 90 days from now is about 5.99%. The Multi Index 2030 Lifetime probability density function shows the probability of Multi Index mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Multi Index has a beta of 0.7945. This indicates as returns on the market go up, Multi Index average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Multi Index 2030 Lifetime will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Multi-index 2030 Lifetime is significantly underperforming NYSE Composite.
Based on a normal probability distribution, the odds of Multi Index to move above the current price in 90 days from now is about 5.99 (This Multi Index 2030 Lifetime probability density function shows the probability of Multi Mutual Fund to fall within a particular range of prices over 90 days) .
Multi-index 2030 Lifetime Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Multi Index market risk premium is the additional return an investor will receive from holding Multi Index long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Multi Index. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Multi Index's alpha and beta are two of the key measurements used to evaluate Multi Index's performance over the market, the standard measures of volatility play an important role as well.
Mean Deviation | 0.4152 | |||
Semi Deviation | 0.2952 | |||
Standard Deviation | 0.5329 | |||
Variance | 0.2839 |
Multi Index Against Markets
Picking the right benchmark for Multi Index mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Multi Index mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Multi Index is critical whether you are bullish or bearish towards Multi Index 2030 Lifetime at a given time. Please also check how Multi Index's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Multi Index without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Multi Mutual Fund?
Before investing in Multi Index, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Multi Index. To buy Multi Index fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Multi Index. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Multi Index fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Multi Index 2030 Lifetime fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Multi Index 2030 Lifetime fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Multi Index 2030 Lifetime, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Multi Index 2030 Lifetime?
The danger of trading Multi Index 2030 Lifetime is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Multi Index is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Multi Index. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Multi-index 2030 Lifetime is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Multi Index 2030 Lifetime. Also, note that the market value of any Mutual Fund could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Complementary Tools for Multi Mutual Fund analysis
When running Multi Index's price analysis, check to measure Multi Index's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Multi Index is operating at the current time. Most of Multi Index's value examination focuses on studying past and present price action to predict the probability of Multi Index's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Multi Index's price. Additionally, you may evaluate how the addition of Multi Index to your portfolios can decrease your overall portfolio volatility.
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