Johnson Institutional Intermediate Fund Market Value

JIMEX Fund  USD 14.95  0.01  0.07%   
Johnson Institutional's market value is the price at which a share of Johnson Institutional trades on a public exchange. It measures the collective expectations of Johnson Institutional Intermediate investors about its performance. Johnson Institutional is trading at 14.95 as of the 4th of December 2024; that is 0.07 percent decrease since the beginning of the trading day. The fund's open price was 14.96.
With this module, you can estimate the performance of a buy and hold strategy of Johnson Institutional Intermediate and determine expected loss or profit from investing in Johnson Institutional over a given investment horizon. Check out Johnson Institutional Correlation, Johnson Institutional Volatility and Johnson Institutional Alpha and Beta module to complement your research on Johnson Institutional.
Symbol

Please note, there is a significant difference between Johnson Institutional's value and its price as these two are different measures arrived at by different means. Investors typically determine if Johnson Institutional is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Johnson Institutional'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.

Johnson Institutional '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 Johnson Institutional'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 Johnson Institutional.
0.00
11/04/2024
No Change 0.00  0.0 
In 31 days
12/04/2024
0.00
If you would invest  0.00  in Johnson Institutional on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Johnson Institutional Intermediate or generate 0.0% return on investment in Johnson Institutional over 30 days. Johnson Institutional is related to or competes with Blackrock Conservative, Huber Capital, Jhancock Diversified, Fidelity Advisor, Prudential Core, and Massmutual Select. The fund invests at least 80 percent of its net assets, plus any amounts for borrowing, in a broad range of investment g... More

Johnson Institutional 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 Johnson Institutional'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 Johnson Institutional Intermediate upside and downside potential and time the market with a certain degree of confidence.

Johnson Institutional Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Johnson Institutional's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Johnson Institutional's standard deviation. In reality, there are many statistical measures that can use Johnson Institutional historical prices to predict the future Johnson Institutional's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Johnson Institutional's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
14.7314.9515.17
Details
Intrinsic
Valuation
LowRealHigh
14.3714.5916.45
Details
Naive
Forecast
LowNextHigh
14.7815.0015.22
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
14.8714.9214.96
Details

Johnson Institutional Backtested Returns

Johnson Institutional holds Efficiency (Sharpe) Ratio of -0.0797, which attests that the entity had a -0.0797% return per unit of risk over the last 3 months. Johnson Institutional exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Johnson Institutional's Risk Adjusted Performance of (0.04), standard deviation of 0.2243, and Market Risk Adjusted Performance of 0.3436 to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of -0.0444, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Johnson Institutional are expected to decrease at a much lower rate. During the bear market, Johnson Institutional is likely to outperform the market.

Auto-correlation

    
  -0.35  

Poor reverse predictability

Johnson Institutional Intermediate has poor reverse predictability. Overlapping area represents the amount of predictability between Johnson Institutional time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th 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 Johnson Institutional price movement. The serial correlation of -0.35 indicates that nearly 35.0% of current Johnson Institutional price fluctuation can be explain by its past prices.
Correlation Coefficient-0.35
Spearman Rank Test-0.53
Residual Average0.0
Price Variance0.0

Johnson Institutional lagged returns against current returns

Autocorrelation, which is Johnson Institutional 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 Johnson Institutional's mutual fund expected returns. We can calculate the autocorrelation of Johnson Institutional returns to help us make a trade decision. For example, suppose you find that Johnson Institutional 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  

Johnson Institutional 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 Johnson Institutional mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Johnson Institutional mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Johnson Institutional mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Johnson Institutional Lagged Returns

When evaluating Johnson Institutional's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Johnson Institutional mutual fund have on its future price. Johnson Institutional 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, Johnson Institutional autocorrelation shows the relationship between Johnson Institutional mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Johnson Institutional Intermediate.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Johnson Mutual Fund

Johnson Institutional financial ratios help investors to determine whether Johnson 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 Johnson with respect to the benefits of owning Johnson Institutional security.
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