Multi Index 2045 Lifetime Fund Quote
| JRLUX Fund | USD 13.35 0.11 0.83% |
Performance7 of 100
| Odds Of DistressLess than 19
|
Multi Index is trading at 13.35 as of the 8th of May 2024; that is 0.83 percent up since the beginning of the trading day. The fund's open price was 13.24. Multi Index has less than a 19 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Multi Index 2045 Lifetime are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of April 2024 and ending today, the 8th of May 2024. Click here to learn more.
The fund invests substantially all of its assets in underlying funds using an asset allocation strategy designed for investors expected to retire around the year 2045. The managers of the fund allocate assets among the underlying funds according to an asset allocation strategy that becomes increasingly conservative over time.. More on Multi Index 2045 Lifetime
Moving together with Multi Mutual Fund
| 0.66 | FRBAX | Regional Bank | PairCorr |
| 0.66 | FRBCX | Regional Bank | PairCorr |
| 0.98 | JQLMX | Multimanager Lifestyle | PairCorr |
| 0.99 | JQLBX | Multimanager Lifestyle | PairCorr |
| 0.98 | JQLAX | Multimanager Lifestyle | PairCorr |
| 0.84 | JQLCX | Multimanager Lifestyle | PairCorr |
| 0.99 | JQLGX | Multimanager Lifestyle | PairCorr |
Multi Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Multi Index's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Multi Index or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | John Hancock Funds, Large Blend Funds, Target-Date 2045 Funds, Target-Date 2045, John Hancock (View all Sectors) |
Multi Index 2045 Lifetime [JRLUX] is traded in USA and was established 8th of May 2024. Multi Index is listed under John Hancock category by Fama And French industry classification. The fund is listed under Target-Date 2045 category and is part of John Hancock family. This fund currently has accumulated 168.53 M in assets under management (AUM) with no minimum investment requirementsMulti Index 2045 is currently producing year-to-date (YTD) return of 4.75% with the current yeild of 0.02%, while the total return for the last 3 years was 2.75%.
Check Multi Index Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Multi Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Multi Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Multi Index 2045 Lifetime Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Multi Index 2045 Lifetime Mutual Fund Constituents
| VCIT | Vanguard Intermediate Term Corporate | Etf | Corporate Bond |
| ACWV | iShares MSCI Global | Etf | Global Large-Stock Blend |
| SCHG | Schwab Large Cap Growth | Etf | Large Growth |
| USMV | iShares MSCI USA | Etf | Large Blend |
| VB | Vanguard Small Cap Index | Etf | Small Blend |
| VEA | Vanguard FTSE Developed | Etf | Foreign Large Blend |
| VGT | Vanguard Information Technology | Etf | Technology |
Multi Index Target Price Odds Analysis
Based on a normal probability distribution, the odds of Multi Index jumping above the current price in 90 days from now is about 16.94%. The Multi Index 2045 Lifetime probability density function shows the probability of Multi Index mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon the mutual fund has a beta coefficient of 1.006. This indicates Multi Index 2045 Lifetime market returns are sensitive to returns on the market. As the market goes up or down, Multi Index is expected to follow. Additionally, multi Index 2045 Lifetime has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Multi Index to move above the current price in 90 days from now is about 16.94 (This Multi Index 2045 Lifetime probability density function shows the probability of Multi Mutual Fund to fall within a particular range of prices over 90 days) .
Multi Index 2045 Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Multi Index market risk premium is the additional return an investor will receive from holding Multi Index long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Multi Index. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Multi Index's alpha and beta are two of the key measurements used to evaluate Multi Index's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.5373 | |||
| Semi Deviation | 0.5951 | |||
| Standard Deviation | 0.6698 | |||
| Variance | 0.4487 |
Multi Index Against Markets
Picking the right benchmark for Multi Index mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Multi Index mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Multi Index is critical whether you are bullish or bearish towards Multi Index 2045 Lifetime at a given time. Please also check how Multi Index's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Multi Index without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Options AnalysisAnalyze and evaluate options and option chains as a potential hedge for your portfolios |
| All Next | Launch Module |
How to buy Multi Mutual Fund?
Before investing in Multi Index, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Multi Index. To buy Multi Index fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Multi Index. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Multi Index fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Multi Index 2045 Lifetime fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Multi Index 2045 Lifetime fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Multi Index 2045 Lifetime, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Multi Index 2045 Lifetime?
The danger of trading Multi Index 2045 Lifetime is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Multi Index is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Multi Index. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Multi Index 2045 is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Multi Index 2045 Lifetime. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in employment. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.