John Hancock Opportunistic Fund Probability of Future Mutual Fund Price Finishing Over 11.91
JABOX Fund | USD 11.74 0.02 0.17% |
John |
John Hancock Target Price Odds to finish over 11.91
The tendency of John Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current Price | Horizon | Target Price | Odds to move over $ 11.91 or more in 90 days |
11.74 | 90 days | 11.91 | about 73.98 |
Based on a normal probability distribution, the odds of John Hancock to move over $ 11.91 or more in 90 days from now is about 73.98 (This John Hancock Opportunistic probability density function shows the probability of John Mutual Fund to fall within a particular range of prices over 90 days) . Probability of John Hancock Opportu price to stay between its current price of $ 11.74 and $ 11.91 at the end of the 90-day period is about 22.85 .
Assuming the 90 days horizon John Hancock has a beta of 0.0427. This indicates as returns on the market go up, John Hancock average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding John Hancock Opportunistic will be expected to be much smaller as well. Additionally John Hancock Opportunistic has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. John Hancock Price Density |
Price |
Predictive Modules for John Hancock
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as John Hancock Opportu. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.John Hancock Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. John Hancock is not an exception. The market had few large corrections towards the John Hancock's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold John Hancock Opportunistic, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of John Hancock within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.08 | |
β | Beta against Dow Jones | 0.04 | |
σ | Overall volatility | 0.14 | |
Ir | Information ratio | -0.46 |
John Hancock Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of John Hancock for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for John Hancock Opportu can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.John Hancock Opportu generated a negative expected return over the last 90 days | |
The fund retains about 6.86% of its assets under management (AUM) in cash |
John Hancock Technical Analysis
John Hancock's future price can be derived by breaking down and analyzing its technical indicators over time. John Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of John Hancock Opportunistic. In general, you should focus on analyzing John Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
John Hancock Predictive Forecast Models
John Hancock's time-series forecasting models is one of many John Hancock's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary John Hancock's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.
Things to note about John Hancock Opportu
Checking the ongoing alerts about John Hancock for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for John Hancock Opportu help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
John Hancock Opportu generated a negative expected return over the last 90 days | |
The fund retains about 6.86% of its assets under management (AUM) in cash |
Other Information on Investing in John Mutual Fund
John Hancock financial ratios help investors to determine whether John Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in John with respect to the benefits of owning John Hancock security.
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