Jpmorgan Equity Fund Market Value

JUEPX Fund  USD 27.15  0.07  0.26%   
Jpmorgan's market value is the price at which a share of Jpmorgan trades on a public exchange. It measures the collective expectations of Jpmorgan Equity Fund investors about its performance. Jpmorgan is trading at 27.15 as of the 10th of December 2024; that is 0.26% down since the beginning of the trading day. The fund's open price was 27.22.
With this module, you can estimate the performance of a buy and hold strategy of Jpmorgan Equity Fund and determine expected loss or profit from investing in Jpmorgan over a given investment horizon. Check out Jpmorgan Correlation, Jpmorgan Volatility and Jpmorgan Alpha and Beta module to complement your research on Jpmorgan.
Symbol

Please note, there is a significant difference between Jpmorgan's value and its price as these two are different measures arrived at by different means. Investors typically determine if Jpmorgan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jpmorgan'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 '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'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.
0.00
09/11/2024
No Change 0.00  0.0 
In 3 months and 1 day
12/10/2024
0.00
If you would invest  0.00  in Jpmorgan on September 11, 2024 and sell it all today you would earn a total of 0.00 from holding Jpmorgan Equity Fund or generate 0.0% return on investment in Jpmorgan over 90 days. Jpmorgan is related to or competes with Jpmorgan, Jpmorgan, Jpmorgan, Jpmorgan, and Jpmorgan. Under normal circumstances, the fund invests at least 80 percent of its assets in equity securities of U.S More

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

Jpmorgan Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Jpmorgan's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jpmorgan's standard deviation. In reality, there are many statistical measures that can use Jpmorgan historical prices to predict the future Jpmorgan's volatility.
Hype
Prediction
LowEstimatedHigh
26.4127.1527.89
Details
Intrinsic
Valuation
LowRealHigh
24.4428.3629.10
Details
Naive
Forecast
LowNextHigh
26.4927.2327.97
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
26.8127.0527.29
Details

Jpmorgan Equity Backtested Returns

At this stage we consider Jpmorgan Mutual Fund to be very steady. Jpmorgan Equity holds Efficiency (Sharpe) Ratio of 0.2, which attests that the entity had a 0.2% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Jpmorgan Equity, which you can use to evaluate the volatility of the entity. Please check out Jpmorgan's Market Risk Adjusted Performance of (15.41), risk adjusted performance of 0.1533, and Downside Deviation of 0.8092 to validate if the risk estimate we provide is consistent with the expected return of 0.15%. The fund retains a Market Volatility (i.e., Beta) of -0.0098, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Jpmorgan are expected to decrease at a much lower rate. During the bear market, Jpmorgan is likely to outperform the market.

Auto-correlation

    
  0.79  

Good predictability

Jpmorgan Equity Fund has good predictability. Overlapping area represents the amount of predictability between Jpmorgan time series from 11th of September 2024 to 26th of October 2024 and 26th of October 2024 to 10th 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 price movement. The serial correlation of 0.79 indicates that around 79.0% of current Jpmorgan price fluctuation can be explain by its past prices.
Correlation Coefficient0.79
Spearman Rank Test0.71
Residual Average0.0
Price Variance0.23

Jpmorgan Equity lagged returns against current returns

Autocorrelation, which is Jpmorgan 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's mutual fund expected returns. We can calculate the autocorrelation of Jpmorgan returns to help us make a trade decision. For example, suppose you find that Jpmorgan 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 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 mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jpmorgan 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 mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Jpmorgan Lagged Returns

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