Jpmorgan Tech Leaders Etf Price on September 25, 2024
JTEK Etf | 76.06 0.80 1.04% |
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 Tech stands at 76.06, as last reported on the 28th of November, with the highest price reaching 76.97 and the lowest price hitting 75.48 during the day. JPMorgan Tech appears to be very steady, given 3 months investment horizon. JPMorgan Tech Leaders holds Efficiency (Sharpe) Ratio of 0.16, which attests that the entity had a 0.16% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for JPMorgan Tech Leaders, which you can use to evaluate the volatility of the entity. Please utilize JPMorgan Tech's market risk adjusted performance of 0.1692, and Risk Adjusted Performance of 0.1204 to validate if our risk estimates are consistent with your expectations.
JPMorgan Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
JPMorgan |
Sharpe Ratio = 0.1558
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Estimated Market Risk
1.42 actual daily | 12 88% of assets are more volatile |
Expected Return
0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average JPMorgan Tech is performing at about 12% of its full potential. 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 Tech by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 136.9 K |
JPMorgan Tech Main Headline on 25th of September 2024
Nvidia, XPeng Join Alibabas Apsara Conference to Showcase AI... by benzinga.com
Alibabas Apsara Conference showcases Chinas AI start-ups and partnerships with foreign companies like Nvidia for its AI ambitions.
JPMorgan Tech Valuation on September 25, 2024
It is possible to determine the worth of JPMorgan Tech on a given historical date. On September 25, 2024 JPMorgan was worth 68.53 at the beginning of the trading date compared to the closed value of 68.47. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of JPMorgan Tech etf. Still, in general, we apply an absolute valuation method to find JPMorgan Tech'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 Tech where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against JPMorgan Tech's related companies.
Open | High | Low | Close | Volume | |
68.45 | 68.61 | 67.55 | 68.61 | 37,342 | |
09/25/2024 | 68.53 | 68.97 | 68.43 | 68.47 | 108,082 |
69.92 | 69.92 | 68.44 | 69.25 | 38,700 |
Backtest JPMorgan Tech | | | JPMorgan Tech History | | | JPMorgan Tech Valuation | Previous | Next |
JPMorgan Tech Trading Date Momentum on September 25, 2024
On September 26 2024 JPMorgan Tech Leaders was traded for 69.25 at the closing time. The top price for the day was 69.92 and the lowest listed price was 68.44 . The trading volume for the day was 38.7 K. The trading history from September 26, 2024 was a factor to the next trading day price upswing. The trading delta at closing time against the next closing price was 1.14% . The trading delta at closing time against the current closing price is 0.41% . |
About JPMorgan Tech Etf history
JPMorgan Tech 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 Tech Leaders 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 Tech stock prices may prove useful in developing a viable investing in JPMorgan Tech
JPMorgan Tech Etf Technical Analysis
JPMorgan Tech 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 Tech Period Price Range
Low | November 28, 2024
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0.00 | 0.00 |
JPMorgan Tech Leaders cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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 Tech November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how JPMorgan Tech 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 Tech shares will generate the highest return on investment. By undertsting and applying JPMorgan Tech etf market strength indicators, traders can identify JPMorgan Tech Leaders entry and exit signals to maximize returns
JPMorgan Tech Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for JPMorgan Tech'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 | 0.1204 | |||
Jensen Alpha | 0.0561 | |||
Total Risk Alpha | (0.01) | |||
Sortino Ratio | 0.0542 | |||
Treynor Ratio | 0.1592 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JPMorgan Tech Leaders. 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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
The market value of JPMorgan Tech Leaders 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 Tech's value that differs from its market value or its book value, called intrinsic value, which is JPMorgan Tech'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 Tech's market value can be influenced by many factors that don't directly affect JPMorgan Tech'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 Tech's value and its price as these two are different measures arrived at by different means. Investors typically determine if JPMorgan Tech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JPMorgan Tech'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.