Jpmorgan Investor Correlations

Mutual Funds USA . 
Fund . Jpmorgan Investor Growth
JFTUX Fund  USD 26.91  0.22  0.81%   
The current 90-days correlation between Jpmorgan Investor Growth and Jpmorgan Smartretirement 2035 is 0.94 (i.e., Almost no diversification). The correlation of Jpmorgan Investor is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Jpmorgan Investor Correlation With Market

Average diversification

The correlation between Jpmorgan Investor Growth and DJI is 0.15 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Jpmorgan Investor Growth and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jpmorgan Investor Growth. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in employment.

Moving together with Jpmorgan Mutual Fund

  0.82SRJIX Jpmorgan SmartretirementPairCorr
  0.82SRJQX Jpmorgan SmartretirementPairCorr
  0.81SRJPX Jpmorgan SmartretirementPairCorr
  0.82SRJSX Jpmorgan SmartretirementPairCorr
  0.83SRJYX Jpmorgan SmartretirementPairCorr
  0.8SRJZX Jpmorgan SmartretirementPairCorr
  0.79SRJCX Jpmorgan SmartretirementPairCorr
  0.81SRJAX Jpmorgan SmartretirementPairCorr
  0.87OSGCX Jpmorgan Small CapPairCorr
  0.86OSGIX Jpmorgan Mid CapPairCorr
  0.9JPBRX Jpmorgan SmartretirementPairCorr
  0.85JPDVX Jpmorgan DiversifiedPairCorr
  0.91JPGSX Jpmorgan Intrepid GrowthPairCorr
  0.74OSVCX Jpmorgan Small CapPairCorr
  0.87JPPEX Jpmorgan Mid CapPairCorr
  0.89JPRRX Jpmorgan SmartretirementPairCorr
  0.94JPTBX Jpmorgan SmartretirementPairCorr
  0.9JPTKX Jpmorgan SmartretirementPairCorr
  0.89JPTLX Jpmorgan SmartretirementPairCorr
  0.9JPSRX Jpmorgan SmartretirementPairCorr
  0.9JPYRX Jpmorgan SmartretirementPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Jpmorgan Mutual Fund performing well and Jpmorgan Investor Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Jpmorgan Investor's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
SRJIX  0.40 (0.05) 0.00 (0.38) 0.00 
 0.00 
 0.81 
(0.80)
 3.13 
SRJQX  0.40 (0.05) 0.00 (0.38) 0.00 
 0.00 
 0.81 
(0.80)
 3.13 
SRJPX  0.40 (0.05) 0.00 (0.41) 0.00 
 0.00 
 0.83 
(0.81)
 3.09 
SRJSX  0.40 (0.05) 0.00 (0.39) 0.00 
 0.00 
 0.85 
(0.80)
 3.09 
SRJYX  0.40 (0.05) 0.00 (0.42) 0.00 
 0.00 
 0.85 
(0.80)
 3.08 
SRJZX  0.40 (0.05) 0.00 (0.42) 0.00 
 0.00 
 0.83 
(0.77)
 3.09 
SRJCX  0.40 (0.06) 0.00 (0.43) 0.00 
 0.00 
 0.84 
(0.82)
 3.13 
SRJAX  0.40 (0.05) 0.00 (0.39) 0.00 
 0.00 
 0.82 
(0.81)
 3.12 
OSGCX  0.94  0.03  0.01  0.11  1.25 
(0.95)
 1.78 
(1.67)
 8.87 
OSGIX  0.95 (0.03) 0.00 (0.08) 0.00 
 0.00 
 1.55 
(1.75)
 11.84 

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