Jhancock Multi Index 2065 Fund Market Value

JAAFX Fund  USD 14.01  0.27  1.97%   
Jhancock Multi's market value is the price at which a share of Jhancock Multi trades on a public exchange. It measures the collective expectations of Jhancock Multi Index 2065 investors about its performance. Jhancock Multi is trading at 14.01 as of the 16th of March 2025; that is 1.97% up since the beginning of the trading day. The fund's open price was 13.74.
With this module, you can estimate the performance of a buy and hold strategy of Jhancock Multi Index 2065 and determine expected loss or profit from investing in Jhancock Multi over a given investment horizon. Check out Jhancock Multi Correlation, Jhancock Multi Volatility and Jhancock Multi Alpha and Beta module to complement your research on Jhancock Multi.
Symbol

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

Jhancock Multi '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 Multi'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 Multi.
0.00
12/16/2024
No Change 0.00  0.0 
In 2 months and 31 days
03/16/2025
0.00
If you would invest  0.00  in Jhancock Multi on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Jhancock Multi Index 2065 or generate 0.0% return on investment in Jhancock Multi over 90 days. Jhancock Multi is related to or competes with Upright Growth, Massmutual Retiresmart, Needham Aggressive, T Rowe, Qs Defensive, Ab International, and Morningstar Growth. Under normal market conditions, the fund invests substantially all of its assets in underlying funds using an asset allo... More

Jhancock Multi 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 Multi'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 Multi Index 2065 upside and downside potential and time the market with a certain degree of confidence.

Jhancock Multi Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Jhancock Multi's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jhancock Multi's standard deviation. In reality, there are many statistical measures that can use Jhancock Multi historical prices to predict the future Jhancock Multi's volatility.
Hype
Prediction
LowEstimatedHigh
13.0414.0114.98
Details
Intrinsic
Valuation
LowRealHigh
13.1114.0815.05
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Jhancock Multi. Your research has to be compared to or analyzed against Jhancock Multi's peers to derive any actionable benefits. When done correctly, Jhancock Multi's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Jhancock Multi Index.

Jhancock Multi Index Backtested Returns

Jhancock Multi Index holds Efficiency (Sharpe) Ratio of -0.0912, which attests that the entity had a -0.0912 % return per unit of risk over the last 3 months. Jhancock Multi Index exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Jhancock Multi's Risk Adjusted Performance of (0.09), standard deviation of 0.94, and Market Risk Adjusted Performance of (0.13) to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of 0.75, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Jhancock Multi's returns are expected to increase less than the market. However, during the bear market, the loss of holding Jhancock Multi is expected to be smaller as well.

Auto-correlation

    
  -0.35  

Poor reverse predictability

Jhancock Multi Index 2065 has poor reverse predictability. Overlapping area represents the amount of predictability between Jhancock Multi time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th of March 2025. 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 Multi Index price movement. The serial correlation of -0.35 indicates that nearly 35.0% of current Jhancock Multi price fluctuation can be explain by its past prices.
Correlation Coefficient-0.35
Spearman Rank Test-0.21
Residual Average0.0
Price Variance0.08

Jhancock Multi Index lagged returns against current returns

Autocorrelation, which is Jhancock Multi 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 Multi's mutual fund expected returns. We can calculate the autocorrelation of Jhancock Multi returns to help us make a trade decision. For example, suppose you find that Jhancock Multi 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 Multi 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 Multi mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jhancock Multi 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 Multi mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Jhancock Multi Lagged Returns

When evaluating Jhancock Multi's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jhancock Multi mutual fund have on its future price. Jhancock Multi 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 Multi autocorrelation shows the relationship between Jhancock Multi mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Jhancock Multi Index 2065.
   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 Multi 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 Multi security.
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges