Jpmorgan Emerging Markets Etf Market Value
| JEMA Etf | USD 38.53 0.11 0.29% |
| Symbol | JPMorgan |
The market value of JPMorgan Emerging Markets 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 Emerging's value that differs from its market value or its book value, called intrinsic value, which is JPMorgan Emerging'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 Emerging's market value can be influenced by many factors that don't directly affect JPMorgan Emerging'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 Emerging's value and its price as these two are different measures arrived at by different means. Investors typically determine if JPMorgan Emerging is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JPMorgan Emerging'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.
JPMorgan Emerging 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to JPMorgan Emerging's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of JPMorgan Emerging.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in JPMorgan Emerging on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding JPMorgan Emerging Markets or generate 0.0% return on investment in JPMorgan Emerging over 180 days. JPMorgan Emerging is related to or competes with JPMorgan BetaBuilders, JPMorgan Core, JPMorgan BetaBuilders, and JPMorgan BetaBuilders. Under normal circumstances, the fund invests at least 80 percent of its assets in equity securities and equity-related i... More
JPMorgan Emerging Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure JPMorgan Emerging's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess JPMorgan Emerging Markets upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.14 | |||
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 6.85 | |||
| Value At Risk | (1.97) | |||
| Potential Upside | 2.03 |
JPMorgan Emerging Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for JPMorgan Emerging's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as JPMorgan Emerging's standard deviation. In reality, there are many statistical measures that can use JPMorgan Emerging historical prices to predict the future JPMorgan Emerging's volatility.| Risk Adjusted Performance | 0.0087 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | (0.11) | |||
| Treynor Ratio | (0) |
JPMorgan Emerging Markets Backtested Returns
At this point, JPMorgan Emerging is very steady. JPMorgan Emerging Markets holds Efficiency (Sharpe) Ratio of 0.028, which attests that the entity had a 0.028% return per unit of volatility over the last 3 months. We have found thirty technical indicators for JPMorgan Emerging Markets, which you can use to evaluate the volatility of the entity. Please check out JPMorgan Emerging's risk adjusted performance of 0.0087, and Market Risk Adjusted Performance of 0.0051 to validate if the risk estimate we provide is consistent with the expected return of 0.0337%. The etf retains a Market Volatility (i.e., Beta) of 0.41, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, JPMorgan Emerging's returns are expected to increase less than the market. However, during the bear market, the loss of holding JPMorgan Emerging is expected to be smaller as well.
Auto-correlation | 0.29 |
Poor predictability
JPMorgan Emerging Markets has poor predictability. Overlapping area represents the amount of predictability between JPMorgan Emerging time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 2024 to 30th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of JPMorgan Emerging Markets price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current JPMorgan Emerging price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.29 | |
| Spearman Rank Test | -0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 1.55 |
JPMorgan Emerging Markets lagged returns against current returns
Autocorrelation, which is JPMorgan Emerging etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting JPMorgan Emerging's etf expected returns. We can calculate the autocorrelation of JPMorgan Emerging returns to help us make a trade decision. For example, suppose you find that JPMorgan Emerging has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
JPMorgan Emerging regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If JPMorgan Emerging etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if JPMorgan Emerging etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in JPMorgan Emerging etf over time.
Current vs Lagged Prices |
| Timeline |
JPMorgan Emerging Lagged Returns
When evaluating JPMorgan Emerging's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of JPMorgan Emerging etf have on its future price. JPMorgan Emerging autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, JPMorgan Emerging autocorrelation shows the relationship between JPMorgan Emerging etf current value and its past values and can show if there is a momentum factor associated with investing in JPMorgan Emerging Markets.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether JPMorgan Emerging Markets offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of JPMorgan Emerging's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Jpmorgan Emerging Markets Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Jpmorgan Emerging Markets Etf:Check out JPMorgan Emerging Correlation, JPMorgan Emerging Volatility and JPMorgan Emerging Alpha and Beta module to complement your research on JPMorgan Emerging. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
JPMorgan Emerging 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.