Jhancock Blue Chip Fund Probability of Future Mutual Fund Price Finishing Over 59.03
| JHBCX Fund | 61.72 0.86 1.41% |
Jhancock |
Jhancock Blue Target Price Odds to finish over 59.03
The tendency of Jhancock 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 stay above 59.03 in 90 days |
| 61.72 | 90 days | 59.03 | close to 99 |
Based on a normal probability distribution, the odds of Jhancock Blue to stay above 59.03 in 90 days from now is close to 99 (This Jhancock Blue Chip probability density function shows the probability of Jhancock Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Jhancock Blue Chip price to stay between 59.03 and its current price of 61.72 at the end of the 90-day period is about 12.16 .
Assuming the 90 days horizon Jhancock Blue has a beta of 0.53. This indicates as returns on the market go up, Jhancock Blue average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Jhancock Blue Chip will be expected to be much smaller as well. Additionally Jhancock Blue Chip 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. Jhancock Blue Price Density |
| Price |
Predictive Modules for Jhancock Blue
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Jhancock Blue Chip. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Jhancock Blue'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.
Jhancock Blue Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Jhancock Blue is not an exception. The market had few large corrections towards the Jhancock Blue'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 Jhancock Blue Chip, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Jhancock Blue within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.009 | |
β | Beta against Dow Jones | 0.53 | |
σ | Overall volatility | 1.98 | |
Ir | Information ratio | -0.01 |
Jhancock Blue 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 Jhancock Blue for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Jhancock Blue Chip can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The fund retains 99.46% of its assets under management (AUM) in equities |
Jhancock Blue Technical Analysis
Jhancock Blue's future price can be derived by breaking down and analyzing its technical indicators over time. Jhancock Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Jhancock Blue Chip. In general, you should focus on analyzing Jhancock Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Jhancock Blue Predictive Forecast Models
Jhancock Blue's time-series forecasting models is one of many Jhancock Blue'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 Jhancock Blue'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 Jhancock Blue Chip
Checking the ongoing alerts about Jhancock Blue for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Jhancock Blue Chip help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The fund retains 99.46% of its assets under management (AUM) in equities |
Other Information on Investing in Jhancock Mutual Fund
Jhancock Blue 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 Blue security.
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