Multi Index 2020 Lifetime Fund Technical Analysis
JRLPX Fund | USD 10.48 0.01 0.1% |
As of the 18th of March 2024, Multi-index 2020 secures the Downside Deviation of 0.4442, mean deviation of 0.3316, and Risk Adjusted Performance of 0.1011. Multi Index 2020 Lifetime 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 interpolate data for nineteen technical drivers for Multi-index 2020, which can be compared to its peers in the industry. Please verify Multi-index 2020 Lifetime coefficient of variation, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness to decide if Multi Index 2020 Lifetime is priced some-what accurately, providing market reflects its recent price of 10.48 per share.
Multi-index 2020 Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Multi-index, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Multi-indexMulti-index |
Multi-index 2020 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.
Multi-index 2020 Lifetime 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 Multi-index 2020 Lifetime volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Multi-index 2020 Lifetime Trend Analysis
Use this graph to draw trend lines for Multi Index 2020 Lifetime. You can use it to identify possible trend reversals for Multi-index 2020 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 Multi-index 2020 price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Multi-index 2020 Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Multi Index 2020 Lifetime applied against its price change over selected period. The best fit line has a slop of 0 , which means Multi Index 2020 Lifetime will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.74, which is the sum of squared deviations for the predicted Multi-index 2020 price change compared to its average price change.About Multi-index 2020 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 Multi Index 2020 Lifetime 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 Multi Index 2020 Lifetime based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Multi-index 2020 Lifetime price pattern first instead of the macroeconomic environment surrounding Multi-index 2020 Lifetime. By analyzing Multi-index 2020'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 Multi-index 2020'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 Multi-index 2020 specific price patterns or momentum indicators. Please read more on our technical analysis page.
Multi-index 2020 March 18, 2024 Technical Indicators
Most technical analysis of Multi-index 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 Multi-index from various momentum indicators to cycle indicators. When you analyze Multi-index 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 | 0.1011 | |||
Market Risk Adjusted Performance | 0.113 | |||
Mean Deviation | 0.3316 | |||
Semi Deviation | 0.2568 | |||
Downside Deviation | 0.4442 | |||
Coefficient Of Variation | 599.59 | |||
Standard Deviation | 0.4409 | |||
Variance | 0.1944 | |||
Information Ratio | (0.16) | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.03) | |||
Sortino Ratio | (0.15) | |||
Treynor Ratio | 0.103 | |||
Maximum Drawdown | 2.66 | |||
Value At Risk | (0.57) | |||
Potential Upside | 0.6863 | |||
Downside Variance | 0.1973 | |||
Semi Variance | 0.066 | |||
Expected Short fall | (0.41) | |||
Skewness | 0.2892 | |||
Kurtosis | 1.45 |
Multi-index 2020 Lifetime One Year Return
Based on the recorded statements, Multi Index 2020 Lifetime has an One Year Return of 11.3553%. This is 29.21% lower than that of the John Hancock family and significantly higher than that of the Target-Date 2020 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 Multi Index 2020 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 american community survey. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Complementary Tools for Multi-index Mutual Fund analysis
When running Multi-index 2020's price analysis, check to measure Multi-index 2020'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 2020 is operating at the current time. Most of Multi-index 2020's value examination focuses on studying past and present price action to predict the probability of Multi-index 2020'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 2020's price. Additionally, you may evaluate how the addition of Multi-index 2020 to your portfolios can decrease your overall portfolio volatility.
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