Jhancock Diversified Macro Fund Probability of Future Mutual Fund Price Finishing Over 9.32
| JDJAX Fund | USD 10.12 0.02 0.20% |
Jhancock |
Jhancock Diversified Target Price Odds to finish over 9.32
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 stay above $ 9.32 in 90 days |
| 10.12 | 90 days | 9.32 | about 81.53 |
Based on a normal probability distribution, the odds of Jhancock Diversified to stay above $ 9.32 in 90 days from now is about 81.53 (This Jhancock Diversified Macro probability density function shows the probability of Jhancock Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Jhancock Diversified price to stay between $ 9.32 and its current price of $10.12 at the end of the 90-day period is about 69.09 .
Assuming the 90 days horizon Jhancock Diversified has a beta of 0.17. This indicates as returns on the market go up, Jhancock Diversified average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Jhancock Diversified Macro will be expected to be much smaller as well. Additionally Jhancock Diversified Macro has an alpha of 0.1686, implying that it can generate a 0.17 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Jhancock Diversified Price Density |
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Predictive Modules for Jhancock Diversified
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 Diversified. 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 Diversified'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 Diversified Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Jhancock Diversified is not an exception. The market had few large corrections towards the Jhancock Diversified'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 Diversified Macro, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Jhancock Diversified within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.17 | |
β | Beta against NYSE Composite | 0.17 | |
σ | Overall volatility | 0.39 | |
Ir | Information ratio | 0.22 |
Jhancock Diversified 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 Diversified for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Jhancock Diversified 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 56.27% of its assets under management (AUM) in cash |
Jhancock Diversified Technical Analysis
Jhancock Diversified'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 Diversified Macro. In general, you should focus on analyzing Jhancock Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Jhancock Diversified Predictive Forecast Models
Jhancock Diversified's time-series forecasting models is one of many Jhancock Diversified'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 Diversified'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 Diversified
Checking the ongoing alerts about Jhancock Diversified for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Jhancock Diversified 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 56.27% of its assets under management (AUM) in cash |
Check out Jhancock Diversified Backtesting, Portfolio Optimization, Jhancock Diversified Correlation, Jhancock Diversified Hype Analysis, Jhancock Diversified Volatility, Jhancock Diversified History as well as Jhancock Diversified Performance. Note that the Jhancock Diversified information on this page should be used as a complementary analysis to other Jhancock Diversified's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.