Multimanager Lifestyle Growth Fund Technical Analysis
| JQLGX Fund | USD 13.09 0.03 0.23% |
As of the 18th of April 2024, Multimanager Lifestyle secures the Mean Deviation of 0.4693, downside deviation of 0.6828, and Risk Adjusted Performance of 0.0489. Multimanager Lifestyle Growth technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the fund's future prices. Strictly speaking, you can use this information to find out if the fund will indeed mirror its model of past prices, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Multimanager Lifestyle, which can be compared to its peers in the industry. Please verify Multimanager Lifestyle coefficient of variation, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness to decide if Multimanager Lifestyle Growth is priced some-what accurately, providing market reflects its recent price of 13.09 per share.
Multimanager Lifestyle Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Multimanager, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MultimanagerMultimanager |
Multimanager Lifestyle 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.
Multimanager Lifestyle Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Multimanager Lifestyle volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Multimanager Lifestyle Trend Analysis
Use this graph to draw trend lines for Multimanager Lifestyle Growth. You can use it to identify possible trend reversals for Multimanager Lifestyle as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Multimanager Lifestyle price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Multimanager Lifestyle Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Multimanager Lifestyle Growth applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Multimanager Lifestyle Growth will continue generating value for investors. It has 122 observation points and a regression sum of squares at 5.6, which is the sum of squared deviations for the predicted Multimanager Lifestyle price change compared to its average price change.About Multimanager Lifestyle Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Multimanager Lifestyle Growth on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Multimanager Lifestyle Growth based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Multimanager Lifestyle price pattern first instead of the macroeconomic environment surrounding Multimanager Lifestyle. By analyzing Multimanager Lifestyle's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Multimanager Lifestyle's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Multimanager Lifestyle specific price patterns or momentum indicators. Please read more on our technical analysis page.
Multimanager Lifestyle April 18, 2024 Technical Indicators
Most technical analysis of Multimanager help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Multimanager from various momentum indicators to cycle indicators. When you analyze Multimanager charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0489 | |||
| Market Risk Adjusted Performance | 0.0506 | |||
| Mean Deviation | 0.4693 | |||
| Semi Deviation | 0.5702 | |||
| Downside Deviation | 0.6828 | |||
| Coefficient Of Variation | 1271.27 | |||
| Standard Deviation | 0.5893 | |||
| Variance | 0.3473 | |||
| Information Ratio | (0.02) | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0406 | |||
| Maximum Drawdown | 2.56 | |||
| Value At Risk | (0.93) | |||
| Potential Upside | 0.8468 | |||
| Downside Variance | 0.4662 | |||
| Semi Variance | 0.3251 | |||
| Expected Short fall | (0.49) | |||
| Skewness | (0.39) | |||
| Kurtosis | (0.15) |
Multimanager Lifestyle One Year Return
Based on the recorded statements, Multimanager Lifestyle Growth has an One Year Return of 13.9099%. This is 13.28% lower than that of the John Hancock family and significantly higher than that of the Allocation--70% to 85% Equity category. The one year return for all United States funds is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Multimanager Lifestyle Growth. 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 price. Note that the Multimanager Lifestyle information on this page should be used as a complementary analysis to other Multimanager Lifestyle'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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.