Jpmorgan Realty Income Etf Price on April 24, 2024
JPRE Etf | USD 47.46 0.11 0.23% |
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 Realty stands at 47.46, as last reported on the 26th of December, with the highest price reaching 47.46 and the lowest price hitting 47.02 during the day. JPMorgan Realty Income holds Efficiency (Sharpe) Ratio of -0.11, which attests that the entity had a -0.11% return per unit of volatility over the last 3 months. JPMorgan Realty Income exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out JPMorgan Realty's market risk adjusted performance of (0.37), and Risk Adjusted Performance of (0.10) to validate the risk estimate we provide.
JPMorgan Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
JPMorgan |
Sharpe Ratio = -0.1104
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Estimated Market Risk
0.93 actual daily | 8 92% of assets are more volatile |
Expected Return
-0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average JPMorgan Realty 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 Realty by adding JPMorgan Realty to a well-diversified portfolio.
Average Mkt Cap Mil 28.5 K |
JPMorgan Realty Valuation on April 24, 2024
It is possible to determine the worth of JPMorgan Realty on a given historical date. On April 24, 2024 JPMorgan was worth 40.81 at the beginning of the trading date compared to the closed value of 41.03. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of JPMorgan Realty etf. Still, in general, we apply an absolute valuation method to find JPMorgan Realty'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 Realty where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against JPMorgan Realty's related companies.
Open | High | Low | Close | Volume | |
40.64 | 41.03 | 40.62 | 40.94 | 6,500 | |
04/24/2024 | 40.81 | 41.06 | 40.59 | 41.03 | 7,700 |
40.63 | 40.84 | 40.43 | 40.80 | 18,300 |
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JPMorgan Realty Trading Date Momentum on April 24, 2024
On April 25 2024 JPMorgan Realty Income was traded for 40.80 at the closing time. The top price for the day was 40.84 and the lowest listed price was 40.43 . The trading volume for the day was 18.3 K. The trading history from April 25, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.56% . The trading delta at closing time against the current closing price is 1.75% . |
JPMorgan Realty Income Fundamentals Correlations and Trends
By evaluating JPMorgan Realty'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 Realty'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 Realty Etf history
JPMorgan Realty 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 Realty Income 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 Realty stock prices may prove useful in developing a viable investing in JPMorgan Realty
The fund seeks to achieve its objective by investing substantially all of its assets, and in any event under normal circumstances at least 80 percent of its net assets , in equity securities of real estate investment trusts , including REITs with relatively small market capitalizations. JPM Realty is traded on NYSEARCA Exchange in the United States.
JPMorgan Realty Etf Technical Analysis
JPMorgan Realty 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 Realty Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
JPMorgan Realty Income 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 Realty December 26, 2024 Market Strength
Market strength indicators help investors to evaluate how JPMorgan Realty 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 Realty shares will generate the highest return on investment. By undertsting and applying JPMorgan Realty etf market strength indicators, traders can identify JPMorgan Realty Income entry and exit signals to maximize returns
JPMorgan Realty Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for JPMorgan Realty'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 | (0.10) | |||
Jensen Alpha | (0.14) | |||
Total Risk Alpha | (0.17) | |||
Treynor Ratio | (0.38) |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JPMorgan Realty Income. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
The market value of JPMorgan Realty Income 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 Realty's value that differs from its market value or its book value, called intrinsic value, which is JPMorgan Realty'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 Realty's market value can be influenced by many factors that don't directly affect JPMorgan Realty'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 Realty's value and its price as these two are different measures arrived at by different means. Investors typically determine if JPMorgan Realty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JPMorgan Realty'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.