Jhancock Diversified Macro Fund Price on December 18, 2020
| JDJAX Fund | USD 10.12 0.02 0.20% |
Below is the normalized historical share price chart for Jhancock Diversified Macro extending back to July 29, 2019. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Jhancock Diversified stands at 10.12, as last reported on the 24th of April, with the highest price reaching 10.12 and the lowest price hitting 10.12 during the day.
If you're considering investing in Jhancock Mutual Fund, it is important to understand the factors that can impact its price. We consider Jhancock Diversified very steady. Jhancock Diversified holds Efficiency (Sharpe) Ratio of 0.35, which attests that the entity had a 0.35% return per unit of risk over the last 3 months. We have found twenty-six technical indicators for Jhancock Diversified, which you can use to evaluate the volatility of the entity. Please check out Jhancock Diversified's Risk Adjusted Performance of 0.2361, coefficient of variation of 260.78, and Market Risk Adjusted Performance of 1.19 to validate if the risk estimate we provide is consistent with the expected return of 0.16%.
Jhancock Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Jhancock |
Sharpe Ratio = 0.3461
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Estimated Market Risk
| 0.48 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.35 actual daily | 27 73% of assets perform better |
Based on monthly moving average Jhancock Diversified is performing at about 27% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Jhancock Diversified by adding it to a well-diversified portfolio.
Jhancock Diversified Valuation on December 18, 2020
It is possible to determine the worth of Jhancock Diversified on a given historical date. On December 18, 2020 Jhancock was worth 9.94 at the beginning of the trading date compared to the closed value of 8.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Jhancock Diversified mutual fund. Still, in general, we apply an absolute valuation method to find Jhancock Diversified's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Jhancock Diversified where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Jhancock Diversified's related companies.
| Open | High | Low | Close | Volume | |
04/11/2022 | 9.94 | 9.94 | 8.65 | 8.65 | 1.00 |
| 9.96 | 9.96 | 8.66 | 8.66 | 1.00 |
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Jhancock Diversified Trading Date Momentum on December 18, 2020
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Jhancock Diversified Fundamentals Correlations and Trends
By evaluating Jhancock Diversified's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Jhancock Diversified's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Jhancock financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Jhancock Diversified Mutual Fund history
Jhancock Diversified investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Jhancock is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Jhancock Diversified will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Jhancock Diversified stock prices may prove useful in developing a viable investing in Jhancock Diversified
The fund pursues its investment objective by utilizing a multi-asset, quantitatively-driven investment strategy that seeks to provide exposure to diversified sources of return. The manager will allocate the funds assets across a range of asset classes comprising equities, fixed income, foreign currencies, and commodities. The fund is generally intended to have a low correlation to the equity and bond markets.
Jhancock Diversified Mutual Fund Technical Analysis
Jhancock Diversified technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Jhancock Diversified Period Price Range
Low | April 11, 2022
| High |
9.94 | 8.65 |
Jhancock Diversified April 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Jhancock Diversified mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Jhancock Diversified shares will generate the highest return on investment. By undertsting and applying Jhancock Diversified mutual fund market strength indicators, traders can identify Jhancock Diversified Macro entry and exit signals to maximize returns
Jhancock Diversified Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Jhancock Diversified's price direction in advance. Along with the technical and fundamental analysis of Jhancock Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Jhancock to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.2361 | |||
| Jensen Alpha | 0.1615 | |||
| Total Risk Alpha | 0.1084 | |||
| Sortino Ratio | 0.1841 | |||
| Treynor Ratio | 1.18 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jhancock Diversified Macro. 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 nation. 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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.