JPMorgan USD Competition
| JPMB Etf | USD 40.31 0.05 0.12% |
JPMorgan USD vs Northern Lights Correlation
Poor diversification
The correlation between JPMorgan USD Emerging and IBD is 0.77 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding JPMorgan USD Emerging and IBD in the same portfolio, assuming nothing else is changed.
Moving together with JPMorgan Etf
JPMorgan USD Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between JPMorgan USD and its competitors represents the degree of relationship between the price movements of corresponding etfs. A correlation of about +1.0 implies that the price of JPMorgan and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of JPMorgan USD Emerging does not affect the price movement of the other competitor.
JPMorgan USD Constituents Risk-Adjusted Indicators
There is a big difference between JPMorgan Etf performing well and JPMorgan USD ETF doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze JPMorgan USD's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| XBB | 0.15 | (0.01) | (0.22) | 0.00 | 0.18 | 0.32 | 0.76 | |||
| XCCC | 0.18 | (0.02) | (0.21) | (0.04) | 0.27 | 0.37 | 1.20 | |||
| HYEM | 0.19 | 0.02 | (0.10) | 0.62 | 0.20 | 0.46 | 1.37 | |||
| NUBD | 0.13 | (0.01) | (0.34) | (0.07) | 0.13 | 0.27 | 0.76 | |||
| HYGH | 0.16 | 0.02 | (0.19) | 0.64 | 0.00 | 0.33 | 0.77 | |||
| XFIV | 0.13 | (0.01) | (0.34) | (0.08) | 0.14 | 0.22 | 0.75 | |||
| BGRN | 0.10 | (0.01) | (0.43) | (0.03) | 0.08 | 0.23 | 0.57 | |||
| XTRE | 0.07 | 0.00 | (0.59) | 0.26 | 0.00 | 0.14 | 0.41 | |||
| IBTL | 0.13 | (0.01) | (0.32) | (0.09) | 0.13 | 0.25 | 0.78 | |||
| IBD | 0.21 | 0.00 | (0.20) | (0.21) | 0.23 | 0.38 | 1.09 |
JPMorgan USD Competitive Analysis
The better you understand JPMorgan USD competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, JPMorgan USD's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across JPMorgan USD's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
JPMorgan USD Competition Performance Charts
Five steps to successful analysis of JPMorgan USD Competition
JPMorgan USD's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by JPMorgan USD Emerging in relation to its competition. JPMorgan USD's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of JPMorgan USD in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact JPMorgan USD's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to JPMorgan USD Emerging, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Complement your JPMorgan USD position
In addition to having JPMorgan USD 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 Latest Gainers Thematic Idea Now
Latest Gainers
Dynamically computed list of top equities currently sorted across major exchanges. The Latest Gainers theme has 210 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 Latest Gainers Theme or any other thematic opportunities.
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Check out JPMorgan USD Correlation with its peers. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
JPMorgan USD Emerging's market price often diverges from its book value, the accounting figure shown on JPMorgan's balance sheet. Smart investors calculate JPMorgan USD's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Since JPMorgan USD's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Understanding that JPMorgan USD's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether JPMorgan USD represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. However, JPMorgan USD'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.