Jhancock 2070 Lifetime Fund Market Value
| JHOAX Fund | 11.22 0.02 0.18% |
| Symbol | Jhancock |
Jhancock 2070 '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 2070'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 2070.
| 04/23/2025 |
| 07/22/2025 |
If you would invest 0.00 in Jhancock 2070 on April 23, 2025 and sell it all today you would earn a total of 0.00 from holding Jhancock 2070 Lifetime or generate 0.0% return on investment in Jhancock 2070 over 90 days.
Jhancock 2070 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 2070'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 2070 Lifetime upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6712 | |||
| Information Ratio | 0.0797 | |||
| Maximum Drawdown | 3.84 | |||
| Value At Risk | (0.98) | |||
| Potential Upside | 1.58 |
Jhancock 2070 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jhancock 2070's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jhancock 2070's standard deviation. In reality, there are many statistical measures that can use Jhancock 2070 historical prices to predict the future Jhancock 2070's volatility.| Risk Adjusted Performance | 0.2807 | |||
| Jensen Alpha | 0.127 | |||
| Total Risk Alpha | 0.0933 | |||
| Sortino Ratio | 0.0766 | |||
| Treynor Ratio | 0.422 |
Jhancock 2070 Lifetime Backtested Returns
At this stage we consider Jhancock Mutual Fund to be very steady. Jhancock 2070 Lifetime holds Efficiency (Sharpe) Ratio of 0.3, which attests that the entity had a 0.3 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Jhancock 2070 Lifetime, which you can use to evaluate the volatility of the entity. Please check out Jhancock 2070's Risk Adjusted Performance of 0.2807, downside deviation of 0.6712, and Market Risk Adjusted Performance of 0.432 to validate if the risk estimate we provide is consistent with the expected return of 0.19%. The fund retains a Market Volatility (i.e., Beta) of 0.44, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Jhancock 2070's returns are expected to increase less than the market. However, during the bear market, the loss of holding Jhancock 2070 is expected to be smaller as well.
Auto-correlation | 0.90 |
Excellent predictability
Jhancock 2070 Lifetime has excellent predictability. Overlapping area represents the amount of predictability between Jhancock 2070 time series from 23rd of April 2025 to 7th of June 2025 and 7th of June 2025 to 22nd of July 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 2070 Lifetime price movement. The serial correlation of 0.9 indicates that approximately 90.0% of current Jhancock 2070 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.9 | |
| Spearman Rank Test | 0.85 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Jhancock 2070 Lifetime lagged returns against current returns
Autocorrelation, which is Jhancock 2070 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 2070's mutual fund expected returns. We can calculate the autocorrelation of Jhancock 2070 returns to help us make a trade decision. For example, suppose you find that Jhancock 2070 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 2070 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 2070 mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jhancock 2070 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 2070 mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Jhancock 2070 Lagged Returns
When evaluating Jhancock 2070's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jhancock 2070 mutual fund have on its future price. Jhancock 2070 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 2070 autocorrelation shows the relationship between Jhancock 2070 mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Jhancock 2070 Lifetime.
Regressed Prices |
| Timeline |
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