Jpmorgan Research Equity Fund Market Value
| JEPAX Fund | USD 15.05 0.01 0.07% |
| Symbol | Jpmorgan |
Jpmorgan Research '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 Research's mutual fund 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 Research.
| 12/12/2022 |
| 12/01/2024 |
If you would invest 0.00 in Jpmorgan Research on December 12, 2022 and sell it all today you would earn a total of 0.00 from holding Jpmorgan Research Equity or generate 0.0% return on investment in Jpmorgan Research over 720 days. Jpmorgan Research is related to or competes with Dodge Cox, Tax-managed, Qs Us, Touchstone Large, and Large Cap. The investment objective of the fund is to seek current income while maintaining prospects for capital appreciation More
Jpmorgan Research 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 Research's mutual fund 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 Research Equity upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.3745 | |||
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 2.0 | |||
| Value At Risk | (0.61) | |||
| Potential Upside | 0.8242 |
Jpmorgan Research Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jpmorgan Research's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jpmorgan Research's standard deviation. In reality, there are many statistical measures that can use Jpmorgan Research historical prices to predict the future Jpmorgan Research's volatility.| Risk Adjusted Performance | 0.1594 | |||
| Jensen Alpha | 0.0239 | |||
| Total Risk Alpha | 0.0118 | |||
| Sortino Ratio | (0.12) | |||
| Treynor Ratio | 0.1808 |
Jpmorgan Research Equity Backtested Returns
At this stage we consider Jpmorgan Mutual Fund to be very steady. Jpmorgan Research Equity holds Efficiency (Sharpe) Ratio of 0.21, which attests that the entity had a 0.21% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Jpmorgan Research Equity, which you can use to evaluate the volatility of the entity. Please check out Jpmorgan Research's Downside Deviation of 0.3745, market risk adjusted performance of 0.1908, and Risk Adjusted Performance of 0.1594 to validate if the risk estimate we provide is consistent with the expected return of 0.0817%. The fund retains a Market Volatility (i.e., Beta) of 0.45, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Jpmorgan Research's returns are expected to increase less than the market. However, during the bear market, the loss of holding Jpmorgan Research is expected to be smaller as well.
Auto-correlation | 0.59 |
Modest predictability
Jpmorgan Research Equity has modest predictability. Overlapping area represents the amount of predictability between Jpmorgan Research time series from 12th of December 2022 to 7th of December 2023 and 7th of December 2023 to 1st of December 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 Research Equity price movement. The serial correlation of 0.59 indicates that roughly 59.0% of current Jpmorgan Research price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.59 | |
| Spearman Rank Test | 0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 0.36 |
Jpmorgan Research Equity lagged returns against current returns
Autocorrelation, which is Jpmorgan Research mutual fund'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 Research's mutual fund expected returns. We can calculate the autocorrelation of Jpmorgan Research returns to help us make a trade decision. For example, suppose you find that Jpmorgan Research has exhibited high autocorrelation historically, and you observe that the mutual fund 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 Research 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 Research mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jpmorgan Research mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jpmorgan Research mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Jpmorgan Research Lagged Returns
When evaluating Jpmorgan Research's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jpmorgan Research mutual fund have on its future price. Jpmorgan Research 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 Research autocorrelation shows the relationship between Jpmorgan Research mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Jpmorgan Research Equity.
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.Other Information on Investing in Jpmorgan Mutual Fund
Jpmorgan Research financial ratios help investors to determine whether Jpmorgan Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Jpmorgan with respect to the benefits of owning Jpmorgan Research security.
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