Jpmorgan Market Expansion Etf Price on March 22, 2023
JMEE Etf | USD 60.89 0.70 1.14% |
If you're considering investing in JPMorgan Etf, it is important to understand the factors that can impact its price. As of today, the current price of JPMorgan Market stands at 60.89, as last reported on the 29th of December, with the highest price reaching 61.36 and the lowest price hitting 60.34 during the day. At this point, JPMorgan Market is very steady. JPMorgan Market Expansion holds Efficiency (Sharpe) Ratio of 0.0037, which attests that the entity had a 0.0037% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for JPMorgan Market Expansion, which you can use to evaluate the volatility of the entity. Please check out JPMorgan Market's risk adjusted performance of 0.0181, and Market Risk Adjusted Performance of 0.0461 to validate if the risk estimate we provide is consistent with the expected return of 0.004%.
JPMorgan Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
JPMorgan |
Sharpe Ratio = 0.0037
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Estimated Market Risk
1.09 actual daily | 9 91% of assets are more volatile |
Expected Return
0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average JPMorgan Market is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of JPMorgan Market by adding JPMorgan Market to a well-diversified portfolio.
Average Mkt Cap Mil 7 K |
JPMorgan Market Valuation on March 22, 2023
It is possible to determine the worth of JPMorgan Market on a given historical date. On March 22, 2023 JPMorgan was worth 46.36 at the beginning of the trading date compared to the closed value of 45.38. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of JPMorgan Market etf. Still, in general, we apply an absolute valuation method to find JPMorgan Market's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of JPMorgan Market where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against JPMorgan Market's related companies.
Open | High | Low | Close | Volume | |
46.67 | 46.67 | 46.24 | 46.39 | 14,400 | |
03/22/2023 | 46.36 | 46.47 | 45.38 | 45.38 | 10,000 |
45.70 | 45.93 | 44.64 | 45.03 | 6,000 |
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JPMorgan Market Trading Date Momentum on March 22, 2023
On March 23 2023 JPMorgan Market Expansion was traded for 45.03 at the closing time. The top price for the day was 45.93 and the lowest listed price was 44.64 . The trading volume for the day was 6 K. The trading history from March 23, 2023 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.77% . The trading delta at closing time against the current closing price is 4.45% . |
JPMorgan Market Expansion Fundamentals Correlations and Trends
By evaluating JPMorgan Market's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among JPMorgan Market's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. JPMorgan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About JPMorgan Market Etf history
JPMorgan Market investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for JPMorgan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in JPMorgan Market Expansion will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing JPMorgan Market stock prices may prove useful in developing a viable investing in JPMorgan Market
JPMorgan Market Etf Technical Analysis
JPMorgan Market technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
JPMorgan Market Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
JPMorgan Market Expansion cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
JPMorgan Market December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how JPMorgan Market etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading JPMorgan Market shares will generate the highest return on investment. By undertsting and applying JPMorgan Market etf market strength indicators, traders can identify JPMorgan Market Expansion entry and exit signals to maximize returns
JPMorgan Market Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for JPMorgan Market's price direction in advance. Along with the technical and fundamental analysis of JPMorgan Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of JPMorgan to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0181 | |||
Jensen Alpha | 0.0042 | |||
Total Risk Alpha | (0.02) | |||
Sortino Ratio | (0.01) | |||
Treynor Ratio | 0.0361 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JPMorgan Market Expansion. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
The market value of JPMorgan Market Expansion is measured differently than its book value, which is the value of JPMorgan that is recorded on the company's balance sheet. Investors also form their own opinion of JPMorgan Market's value that differs from its market value or its book value, called intrinsic value, which is JPMorgan Market's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because JPMorgan Market's market value can be influenced by many factors that don't directly affect JPMorgan Market's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between JPMorgan Market's value and its price as these two are different measures arrived at by different means. Investors typically determine if JPMorgan Market is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JPMorgan Market's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.