Multi Index 2030 Lifetime Fund Technical Analysis

JRTIX Fund  USD 11.66  0.02  0.17%   
As of the 18th of March 2024, Multi Index secures the Risk Adjusted Performance of 0.1114, mean deviation of 0.4154, and Downside Deviation of 0.5149. Multi Index 2030 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 collect and analyze data for nineteen technical drivers for Multi Index, which can be compared to its peers in the industry. Please verify Multi-index 2030 Lifetime coefficient of variation, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness to decide if Multi Index 2030 Lifetime is priced some-what accurately, providing market reflects its recent price of 11.66 per share.

Multi Index 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, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Multi
  
Multi Index's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Multi Index 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.
A focus of Multi Index technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Multi Index trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Multi-index 2030 Lifetime Technical Analysis

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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 2030 Lifetime volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Multi-index 2030 Lifetime Trend Analysis

Use this graph to draw trend lines for Multi Index 2030 Lifetime. You can use it to identify possible trend reversals for Multi Index 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 price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Multi Index Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Multi Index 2030 Lifetime applied against its price change over selected period. The best fit line has a slop of   0.01  , which means Multi Index 2030 Lifetime will continue generating value for investors. It has 122 observation points and a regression sum of squares at 2.66, which is the sum of squared deviations for the predicted Multi Index price change compared to its average price change.

About Multi Index 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 2030 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 2030 Lifetime based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Multi-index 2030 Lifetime price pattern first instead of the macroeconomic environment surrounding Multi-index 2030 Lifetime. By analyzing Multi Index'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'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 specific price patterns or momentum indicators. Please read more on our technical analysis page.

Multi Index March 18, 2024 Technical Indicators

Most technical analysis of Multi 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 from various momentum indicators to cycle indicators. When you analyze Multi 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.

Multi-index 2030 Lifetime One Year Return

Based on the recorded statements, Multi Index 2030 Lifetime has an One Year Return of 15.4573%. This is 3.63% lower than that of the John Hancock family and significantly higher than that of the Target-Date 2030 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.

Multi Index March 18, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Multi stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Multi Index 2030 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 gross domestic product.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Complementary Tools for Multi Mutual Fund analysis

When running Multi Index's price analysis, check to measure Multi Index'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 is operating at the current time. Most of Multi Index's value examination focuses on studying past and present price action to predict the probability of Multi Index'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's price. Additionally, you may evaluate how the addition of Multi Index to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Multi Index's value and its price as these two are different measures arrived at by different means. Investors typically determine if Multi Index is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Multi Index's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.