Jpmorgan Correlations
JUEPX Fund | USD 27.22 0.14 0.52% |
The current 90-days correlation between Jpmorgan Equity and Jpmorgan Equity Fund is 1.0 (i.e., No risk reduction). The correlation of Jpmorgan 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 |
Moving together with Jpmorgan Mutual Fund
0.84 | SRJIX | Jpmorgan Smartretirement | PairCorr |
0.84 | SRJQX | Jpmorgan Smartretirement | PairCorr |
0.84 | SRJPX | Jpmorgan Smartretirement | PairCorr |
0.84 | SRJSX | Jpmorgan Smartretirement | PairCorr |
0.85 | SRJYX | Jpmorgan Smartretirement | PairCorr |
0.83 | SRJZX | Jpmorgan Smartretirement | PairCorr |
0.82 | SRJCX | Jpmorgan Smartretirement | PairCorr |
0.84 | SRJAX | Jpmorgan Smartretirement | PairCorr |
0.87 | OSGCX | Jpmorgan Small Cap | PairCorr |
0.92 | OSGIX | Jpmorgan Mid Cap | PairCorr |
0.76 | JPBRX | Jpmorgan Smartretirement | PairCorr |
0.62 | JPDAX | Jpmorgan Preferred And | PairCorr |
0.66 | JPDIX | Jpmorgan Preferred And | PairCorr |
0.65 | JPDRX | Jpmorgan Preferred And | PairCorr |
0.71 | JPDVX | Jpmorgan Diversified | PairCorr |
0.96 | JPGSX | Jpmorgan Intrepid Growth | PairCorr |
0.92 | JPHAX | Jpmorgan Floating Rate | PairCorr |
0.92 | JPHCX | Jpmorgan Floating Rate | PairCorr |
0.94 | JPIVX | Jpmorgan Intrepid Value | PairCorr |
0.86 | OSVCX | Jpmorgan Small Cap | PairCorr |
0.91 | JPHSX | Jpmorgan Floating Rate | PairCorr |
0.92 | JPHRX | Jpmorgan Floating Rate | PairCorr |
0.93 | JPPEX | Jpmorgan Mid Cap | PairCorr |
0.74 | JPRRX | Jpmorgan Smartretirement | PairCorr |
0.85 | JPTBX | Jpmorgan Smartretirement* | PairCorr |
0.81 | JPTKX | Jpmorgan Smartretirement* | PairCorr |
0.81 | JPTLX | Jpmorgan Smartretirement* | PairCorr |
0.81 | JPSRX | Jpmorgan Smartretirement* | PairCorr |
0.82 | JPYRX | Jpmorgan Smartretirement* | PairCorr |
0.87 | PGSGX | Jpmorgan Small Cap | PairCorr |
Moving against Jpmorgan Mutual Fund
0.53 | OSTCX | Jpmorgan Short Duration | PairCorr |
0.43 | OSTAX | Jpmorgan Short Inter | PairCorr |
0.33 | OSTSX | Jpmorgan Short-intermedia | PairCorr |
0.77 | OBOCX | Jpmorgan E Bond | PairCorr |
0.76 | PGBOX | Jpmorgan E Bond | PairCorr |
0.52 | STMCX | Jpmorgan Short-intermedia | PairCorr |
0.5 | JPVZX | Jpmorgan International | PairCorr |
0.49 | JPVRX | Jpmorgan International | PairCorr |
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between Jpmorgan Mutual Fund performing well and Jpmorgan 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'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 Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
---|---|---|---|---|---|---|---|---|---|---|
JUEZX | 0.52 | 0.15 | 0.03 | 27.92 | 0.49 | 1.17 | 4.67 | |||
JUSRX | 0.52 | 0.00 | 0.03 | 0.00 | 0.48 | 1.15 | 4.64 | |||
JMUEX | 0.53 | 0.04 | 0.02 | 0.17 | 0.50 | 1.15 | 4.64 | |||
JUESX | 0.53 | 0.04 | 0.02 | 0.17 | 0.50 | 1.19 | 4.66 | |||
JUEAX | 0.52 | 0.04 | 0.02 | 0.17 | 0.50 | 1.16 | 4.68 |