JP Morgan Three Year Return vs. Beta
| JIRE Etf | USD 58.77 0.36 0.61% |
For JP Morgan profitability analysis, we use financial ratios and fundamental drivers that measure the ability of JP Morgan to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well JP Morgan Exchange Traded utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between JP Morgan's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of JP Morgan Exchange Traded over time as well as its relative position and ranking within its peers.
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The market value of JP Morgan Exchange is measured differently than its book value, which is the value of JIRE that is recorded on the company's balance sheet. Investors also form their own opinion of JP Morgan's value that differs from its market value or its book value, called intrinsic value, which is JP Morgan'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 JP Morgan's market value can be influenced by many factors that don't directly affect JP Morgan'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 JP Morgan's value and its price as these two are different measures arrived at by different means. Investors typically determine if JP Morgan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JP Morgan'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.
JP Morgan Exchange Beta vs. Three Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining JP Morgan's current stock value. Our valuation model uses many indicators to compare JP Morgan value to that of its competitors to determine the firm's financial worth. JP Morgan Exchange Traded is considered the top ETF in three year return as compared to similar ETFs. It also is considered the top ETF in beta as compared to similar ETFs totaling about 0.46 of Beta per Three Year Return. The ratio of Three Year Return to Beta for JP Morgan Exchange Traded is roughly 2.19 . Comparative valuation analysis is a catch-all technique that is used if you cannot value JP Morgan by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.JIRE Beta vs. Three Year Return
Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
JP Morgan |
| = | 2.30 % |
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
JP Morgan |
| = | 1.05 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
JIRE Beta Comparison
JP Morgan is currently under evaluation in beta as compared to similar ETFs.
Beta Analysis
JP Morgan returns are very sensitive to returns on the market. As the market goes up or down, JP Morgan is expected to follow.
JP Morgan Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in JP Morgan, profitability is also one of the essential criteria for including it into their portfolios because, without profit, JP Morgan will eventually generate negative long term returns. The profitability progress is the general direction of JP Morgan's change in net profit over the period of time. It can combine multiple indicators of JP Morgan, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Under normal circumstances, the fund invests at least 80 percent of its assets in equity securities. JP Intl is traded on NYSEARCA Exchange in the United States.
JIRE Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on JP Morgan. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of JP Morgan position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the JP Morgan's important profitability drivers and their relationship over time.
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| Three Year Return vs Equity Positions Weight |
Use JP Morgan in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if JP Morgan position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in JP Morgan will appreciate offsetting losses from the drop in the long position's value.JP Morgan Pair Trading
JP Morgan Exchange Traded Pair Trading Analysis
The ability to find closely correlated positions to JP Morgan could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace JP Morgan when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back JP Morgan - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling JP Morgan Exchange Traded to buy it.
The correlation of JP Morgan is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as JP Morgan moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if JP Morgan Exchange moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for JP Morgan can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your JP Morgan position
In addition to having JP Morgan in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Machinery Thematic Idea Now
Machinery
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Machinery theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Machinery Theme or any other thematic opportunities.
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Check out Risk vs Return Analysis. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
To fully project JP Morgan's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of JP Morgan Exchange at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include JP Morgan's income statement, its balance sheet, and the statement of cash flows.