Jhancock Mgd Acct Fund Market Value
| JHFMX Fund | 10.19 0.10 0.97% |
| Symbol | Jhancock |
Jhancock Mgd 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Jhancock Mgd's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Jhancock Mgd.
| 10/27/2023 |
| 12/20/2024 |
If you would invest 0.00 in Jhancock Mgd on October 27, 2023 and sell it all today you would earn a total of 0.00 from holding Jhancock Mgd Acct or generate 0.0% return on investment in Jhancock Mgd over 420 days. Jhancock Mgd is related to or competes with Regional Bank, Regional Bank, Multimanager Lifestyle, Multimanager Lifestyle, Multimanager Lifestyle, Multimanager Lifestyle, and Multimanager Lifestyle. Under normal market conditions, the fund invests at least 80 percent of its net assets, plus amounts borrowed for invest... More
Jhancock Mgd Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Jhancock Mgd's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Jhancock Mgd Acct upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 1.65 | |||
| Value At Risk | (0.48) | |||
| Potential Upside | 0.3891 |
Jhancock Mgd Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jhancock Mgd's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jhancock Mgd's standard deviation. In reality, there are many statistical measures that can use Jhancock Mgd historical prices to predict the future Jhancock Mgd's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | (0.87) |
Jhancock Mgd Acct Backtested Returns
Jhancock Mgd Acct holds Efficiency (Sharpe) Ratio of -0.11, which attests that the entity had a -0.11% return per unit of risk over the last 3 months. Jhancock Mgd Acct exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Jhancock Mgd's Standard Deviation of 0.3033, market risk adjusted performance of (0.86), and Risk Adjusted Performance of (0.11) to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of 0.0533, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Jhancock Mgd's returns are expected to increase less than the market. However, during the bear market, the loss of holding Jhancock Mgd is expected to be smaller as well.
Auto-correlation | 0.88 |
Very good predictability
Jhancock Mgd Acct has very good predictability. Overlapping area represents the amount of predictability between Jhancock Mgd time series from 27th of October 2023 to 24th of May 2024 and 24th of May 2024 to 20th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Jhancock Mgd Acct price movement. The serial correlation of 0.88 indicates that approximately 88.0% of current Jhancock Mgd price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.88 | |
| Spearman Rank Test | 0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Jhancock Mgd Acct lagged returns against current returns
Autocorrelation, which is Jhancock Mgd mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Jhancock Mgd's mutual fund expected returns. We can calculate the autocorrelation of Jhancock Mgd returns to help us make a trade decision. For example, suppose you find that Jhancock Mgd has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Jhancock Mgd regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Jhancock Mgd mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jhancock Mgd mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jhancock Mgd mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Jhancock Mgd Lagged Returns
When evaluating Jhancock Mgd's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jhancock Mgd mutual fund have on its future price. Jhancock Mgd autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Jhancock Mgd autocorrelation shows the relationship between Jhancock Mgd mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Jhancock Mgd Acct.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Jhancock Mutual Fund
Jhancock Mgd financial ratios help investors to determine whether Jhancock 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 Jhancock with respect to the benefits of owning Jhancock Mgd security.
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