Jhancock Multi Index 2065 Fund Technical Analysis
| JAAJX Fund | USD 13.13 0.14 1.08% |
As of the 24th of April, Jhancock Multi retains the Downside Deviation of 0.6961, market risk adjusted performance of 0.0688, and Risk Adjusted Performance of 0.0653. Jhancock Multi technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the entity's future prices. Simply put, you can use this information to find out if the entity will indeed mirror its model of historical price patterns, or the prices will eventually revert. We are able to break down nineteen technical drivers for Jhancock Multi Index, which can be compared to its competitors. Please check out Jhancock Multi Index standard deviation, as well as the relationship between the maximum drawdown and expected short fall to decide if Jhancock Multi is priced fairly, providing market reflects its last-minute price of 13.13 per share.
Jhancock Multi Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Jhancock, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to JhancockJhancock |
Jhancock Multi 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.
Jhancock Multi Index Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Jhancock Multi Index volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Jhancock Multi Index Trend Analysis
Use this graph to draw trend lines for Jhancock Multi Index 2065. You can use it to identify possible trend reversals for Jhancock Multi 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 Jhancock Multi price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Jhancock Multi Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Jhancock Multi Index 2065 applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Jhancock Multi Index 2065 will continue generating value for investors. It has 122 observation points and a regression sum of squares at 2.57, which is the sum of squared deviations for the predicted Jhancock Multi price change compared to its average price change.About Jhancock Multi 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 Jhancock Multi Index 2065 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 Jhancock Multi Index 2065 based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Jhancock Multi Index price pattern first instead of the macroeconomic environment surrounding Jhancock Multi Index. By analyzing Jhancock Multi'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 Jhancock Multi'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 Jhancock Multi specific price patterns or momentum indicators. Please read more on our technical analysis page.
Jhancock Multi April 24, 2024 Technical Indicators
Most technical analysis of Jhancock 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 Jhancock from various momentum indicators to cycle indicators. When you analyze Jhancock 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 | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0653 | |||
| Market Risk Adjusted Performance | 0.0688 | |||
| Mean Deviation | 0.5162 | |||
| Semi Deviation | 0.6298 | |||
| Downside Deviation | 0.6961 | |||
| Coefficient Of Variation | 962.66 | |||
| Standard Deviation | 0.6564 | |||
| Variance | 0.4309 | |||
| Information Ratio | (0.04) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.0588 | |||
| Maximum Drawdown | 2.96 | |||
| Value At Risk | (1.17) | |||
| Potential Upside | 1.08 | |||
| Downside Variance | 0.4845 | |||
| Semi Variance | 0.3966 | |||
| Expected Short fall | (0.53) | |||
| Skewness | (0.36) | |||
| Kurtosis | 0.0275 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jhancock Multi Index 2065. 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 inflation. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.