Johnson International Fund Market Value
| JINTX Fund | USD 30.47 0.19 0.63% |
| Symbol | Johnson |
Johnson International '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 International'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 International.
| 12/26/2024 |
| 01/25/2025 |
If you would invest 0.00 in Johnson International on December 26, 2024 and sell it all today you would earn a total of 0.00 from holding Johnson International Fund or generate 0.0% return on investment in Johnson International over 30 days. Johnson International is related to or competes with Johnson Core, Johnson Enhanced, Johnson Equity, Johnson Equity, Johnson Mutual, Johnson Institutional, and Johnson Institutional. The fund invests primarily in equity securities of foreign companies that the adviser believes offer opportunities for c... More
Johnson International 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 International'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 International Fund upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 5.05 | |||
| Value At Risk | (1.75) | |||
| Potential Upside | 0.9706 |
Johnson International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Johnson International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Johnson International's standard deviation. In reality, there are many statistical measures that can use Johnson International historical prices to predict the future Johnson International's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | (0.37) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Johnson International'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.
Johnson International Backtested Returns
Johnson International holds Efficiency (Sharpe) Ratio of -0.12, which attests that the entity had a -0.12 % return per unit of risk over the last 3 months. Johnson International exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Johnson International's Risk Adjusted Performance of (0.12), market risk adjusted performance of (0.36), and Standard Deviation of 0.8607 to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of 0.36, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Johnson International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Johnson International is expected to be smaller as well.
Auto-correlation | -0.55 |
Good reverse predictability
Johnson International Fund has good reverse predictability. Overlapping area represents the amount of predictability between Johnson International time series from 26th of December 2024 to 10th of January 2025 and 10th of January 2025 to 25th 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 International price movement. The serial correlation of -0.55 indicates that about 55.0% of current Johnson International price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.55 | |
| Spearman Rank Test | -0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 0.2 |
Johnson International lagged returns against current returns
Autocorrelation, which is Johnson International 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 International's mutual fund expected returns. We can calculate the autocorrelation of Johnson International returns to help us make a trade decision. For example, suppose you find that Johnson International 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 International 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 International mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Johnson International 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 International mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Johnson International Lagged Returns
When evaluating Johnson International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Johnson International mutual fund have on its future price. Johnson International 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 International autocorrelation shows the relationship between Johnson International mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Johnson International Fund.
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 Johnson Mutual Fund
Johnson International 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 International security.
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