JPMorgan Equity (Australia) Market Value

JEPI Etf   56.68  0.45  0.80%   
JPMorgan Equity's market value is the price at which a share of JPMorgan Equity trades on a public exchange. It measures the collective expectations of JPMorgan Equity Premium investors about its performance. JPMorgan Equity is selling for under 56.68 as of the 12th of December 2024; that is 0.80% up since the beginning of the trading day. The etf's last reported lowest price was 56.39.
With this module, you can estimate the performance of a buy and hold strategy of JPMorgan Equity Premium and determine expected loss or profit from investing in JPMorgan Equity over a given investment horizon. Check out JPMorgan Equity Correlation, JPMorgan Equity Volatility and JPMorgan Equity Alpha and Beta module to complement your research on JPMorgan Equity.
Symbol

Please note, there is a significant difference between JPMorgan Equity's value and its price as these two are different measures arrived at by different means. Investors typically determine if JPMorgan Equity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JPMorgan Equity'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 Equity '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 Equity'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 Equity.
0.00
12/18/2023
No Change 0.00  0.0 
In 11 months and 26 days
12/12/2024
0.00
If you would invest  0.00  in JPMorgan Equity on December 18, 2023 and sell it all today you would earn a total of 0.00 from holding JPMorgan Equity Premium or generate 0.0% return on investment in JPMorgan Equity over 360 days. JPMorgan Equity is related to or competes with Betashares Asia, BetaShares Australia, Australian High, and Vanguard Australian. JPMorgan Equity is entity of Australia. It is traded as Etf on AU exchange. More

JPMorgan Equity 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 Equity'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 Equity Premium upside and downside potential and time the market with a certain degree of confidence.

JPMorgan Equity Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for JPMorgan Equity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as JPMorgan Equity's standard deviation. In reality, there are many statistical measures that can use JPMorgan Equity historical prices to predict the future JPMorgan Equity's volatility.
Hype
Prediction
LowEstimatedHigh
55.0656.2357.40
Details
Intrinsic
Valuation
LowRealHigh
54.4355.6056.77
Details
Naive
Forecast
LowNextHigh
54.6355.8056.96
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
54.9755.9756.96
Details

JPMorgan Equity Premium Backtested Returns

Currently, JPMorgan Equity Premium is very steady. JPMorgan Equity Premium holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had a 0.12% return per unit of volatility over the last 3 months. We have found thirty technical indicators for JPMorgan Equity Premium, which you can use to evaluate the volatility of the entity. Please check out JPMorgan Equity's risk adjusted performance of 0.0942, and Market Risk Adjusted Performance of 0.2049 to validate if the risk estimate we provide is consistent with the expected return of 0.14%. The etf retains a Market Volatility (i.e., Beta) of 0.69, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, JPMorgan Equity's returns are expected to increase less than the market. However, during the bear market, the loss of holding JPMorgan Equity is expected to be smaller as well.

Auto-correlation

    
  0.53  

Modest predictability

JPMorgan Equity Premium has modest predictability. Overlapping area represents the amount of predictability between JPMorgan Equity time series from 18th of December 2023 to 15th of June 2024 and 15th of June 2024 to 12th 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 Equity Premium price movement. The serial correlation of 0.53 indicates that about 53.0% of current JPMorgan Equity price fluctuation can be explain by its past prices.
Correlation Coefficient0.53
Spearman Rank Test0.56
Residual Average0.0
Price Variance3.6

JPMorgan Equity Premium lagged returns against current returns

Autocorrelation, which is JPMorgan Equity 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 Equity's etf expected returns. We can calculate the autocorrelation of JPMorgan Equity returns to help us make a trade decision. For example, suppose you find that JPMorgan Equity 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 Equity 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 Equity etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if JPMorgan Equity etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in JPMorgan Equity etf over time.
   Current vs Lagged Prices   
       Timeline  

JPMorgan Equity Lagged Returns

When evaluating JPMorgan Equity's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of JPMorgan Equity etf have on its future price. JPMorgan Equity 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 Equity autocorrelation shows the relationship between JPMorgan Equity etf current value and its past values and can show if there is a momentum factor associated with investing in JPMorgan Equity Premium.
   Regressed Prices   
       Timeline  

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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When determining whether JPMorgan Equity Premium offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of JPMorgan Equity'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 Equity Premium Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Jpmorgan Equity Premium Etf:
Check out JPMorgan Equity Correlation, JPMorgan Equity Volatility and JPMorgan Equity Alpha and Beta module to complement your research on JPMorgan Equity.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
JPMorgan Equity 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.
A focus of JPMorgan Equity technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of JPMorgan Equity trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...