Johnson Core Plus Fund Market Value
| JCPLX Fund | USD 12.51 0.01 0.08% |
| Symbol | Johnson |
Johnson Core '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 Core'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 Core.
| 01/20/2023 |
| 01/09/2025 |
If you would invest 0.00 in Johnson Core on January 20, 2023 and sell it all today you would earn a total of 0.00 from holding Johnson Core Plus or generate 0.0% return on investment in Johnson Core over 720 days. Johnson Core is related to or competes with Eic Value, Qs Us, Ab E, Victory Rs, Rational Dividend, and Rbb Fund. Under normal market conditions, the fund invests at least 80 percent of its net assets, plus any amounts for borrowing, ... More
Johnson Core 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 Core'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 Core Plus upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 1.65 | |||
| Value At Risk | (0.63) | |||
| Potential Upside | 0.4789 |
Johnson Core Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Johnson Core's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Johnson Core's standard deviation. In reality, there are many statistical measures that can use Johnson Core historical prices to predict the future Johnson Core's volatility.| Risk Adjusted Performance | (0.14) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | (1.13) |
Johnson Core Plus Backtested Returns
Johnson Core Plus holds Efficiency (Sharpe) Ratio of -0.13, which attests that the entity had a -0.13% return per unit of risk over the last 3 months. Johnson Core Plus exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Johnson Core's Standard Deviation of 0.3374, risk adjusted performance of (0.14), and Market Risk Adjusted Performance of (1.12) to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of 0.0549, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Johnson Core's returns are expected to increase less than the market. However, during the bear market, the loss of holding Johnson Core is expected to be smaller as well.
Auto-correlation | -0.53 |
Good reverse predictability
Johnson Core Plus has good reverse predictability. Overlapping area represents the amount of predictability between Johnson Core time series from 20th of January 2023 to 15th of January 2024 and 15th of January 2024 to 9th of January 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 Johnson Core Plus price movement. The serial correlation of -0.53 indicates that about 53.0% of current Johnson Core price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.53 | |
| Spearman Rank Test | -0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
Johnson Core Plus lagged returns against current returns
Autocorrelation, which is Johnson Core 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 Core's mutual fund expected returns. We can calculate the autocorrelation of Johnson Core returns to help us make a trade decision. For example, suppose you find that Johnson Core 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 Core 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 Core mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Johnson Core 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 Core mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Johnson Core Lagged Returns
When evaluating Johnson Core's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Johnson Core mutual fund have on its future price. Johnson Core 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 Core autocorrelation shows the relationship between Johnson Core mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Johnson Core Plus.
Regressed Prices |
| Timeline |
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Other Information on Investing in Johnson Mutual Fund
Johnson Core 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 Core security.
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