Jpmorgan Investor Correlations

JFQUX Fund

USD 16.84 0.01 0.06%

The current 90-days correlation between Jpmorgan Investor and Jpmorgan Smartretirement 2035 is 0.98 (i.e., Almost no diversification). The correlation of Jpmorgan Investor 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 correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Jpmorgan Investor Correlation With Market

Very poor diversification

The correlation between Jpmorgan Investor Balanced and DJI is 0.8 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Jpmorgan Investor Balanced and DJI in the same portfolio, assuming nothing else is changed.

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jpmorgan Investor Balanced. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in employment.

Moving together with Jpmorgan Mutual Fund

0.98	SRJIX	Jpmorgan Smartretirement	Pair Corr
0.98	SRJQX	Jpmorgan Smartretirement	Pair Corr
0.97	SRJPX	Jpmorgan Smartretirement	Pair Corr
0.98	SRJSX	Jpmorgan Smartretirement	Pair Corr
0.98	SRJYX	Jpmorgan Smartretirement	Pair Corr
0.97	SRJZX	Jpmorgan Smartretirement	Pair Corr
0.97	SRJCX	Jpmorgan Smartretirement	Pair Corr
0.97	SRJAX	Jpmorgan Smartretirement	Pair Corr
0.81	OSGCX	Jpmorgan Small Cap	Pair Corr
0.83	OSGIX	Jpmorgan Mid Cap	Pair Corr
0.98	JPBRX	Jpmorgan Smartretirement*	Pair Corr
0.71	JPDAX	Jpmorgan Preferred And	Pair Corr
0.74	JPDIX	Jpmorgan Preferred And	Pair Corr
0.75	JPDRX	Jpmorgan Preferred And	Pair Corr
0.96	JPDVX	Jpmorgan Diversified	Pair Corr
0.87	JPGSX	Jpmorgan Intrepid Growth	Pair Corr
0.66	JPHAX	Jpmorgan Floating Rate	Pair Corr
0.67	JPHCX	Jpmorgan Floating Rate	Pair Corr
0.86	JPIVX	Jpmorgan Intrepid Value	Pair Corr
0.82	OSVCX	Jpmorgan Small Cap	Pair Corr
0.66	JPHSX	Jpmorgan Floating Rate	Pair Corr
0.68	JPHRX	Jpmorgan Floating Rate	Pair Corr
0.85	JPPEX	Jpmorgan Mid Cap	Pair Corr
0.87	JPRRX	Jpmorgan Smartretirement	Pair Corr
0.97	JPTBX	Jpmorgan Smartretirement*	Pair Corr
0.97	JPTKX	Jpmorgan Smartretirement*	Pair Corr
0.97	JPTLX	Jpmorgan Smartretirement*	Pair Corr
0.97	JPSRX	Jpmorgan Smartretirement*	Pair Corr
0.88	JPYRX	Jpmorgan Smartretirement*	Pair Corr

Moving against Jpmorgan Mutual Fund

0.36	OBBCX	Jpmorgan Mortgage-backed	Pair Corr
0.34	OBDCX	Jpmorgan E Plus	Pair Corr
0.38	OBOCX	Jpmorgan E Bond	Pair Corr
0.36	PGBOX	Jpmorgan E Bond	Pair Corr

Related Correlations Analysis

	SRJIX	SRJQX	SRJPX	SRJSX	SRJYX	SRJZX	SRJCX	SRJAX	OSGCX	OSGIX
SRJIX		1.0	1.0	1.0	1.0	1.0	1.0	1.0	0.72	0.74	SRJIX
SRJQX	1.0		1.0	1.0	1.0	1.0	1.0	1.0	0.71	0.73	SRJQX
SRJPX	1.0	1.0		1.0	1.0	1.0	1.0	1.0	0.71	0.73	SRJPX
SRJSX	1.0	1.0	1.0		1.0	1.0	1.0	1.0	0.71	0.73	SRJSX
SRJYX	1.0	1.0	1.0	1.0		1.0	1.0	1.0	0.72	0.74	SRJYX
SRJZX	1.0	1.0	1.0	1.0	1.0		1.0	1.0	0.7	0.72	SRJZX
SRJCX	1.0	1.0	1.0	1.0	1.0	1.0		1.0	0.69	0.71	SRJCX
SRJAX	1.0	1.0	1.0	1.0	1.0	1.0	1.0		0.71	0.72	SRJAX
OSGCX	0.72	0.71	0.71	0.71	0.72	0.7	0.69	0.71		0.96	OSGCX
OSGIX	0.74	0.73	0.73	0.73	0.74	0.72	0.71	0.72	0.96		OSGIX
	SRJIX	SRJQX	SRJPX	SRJSX	SRJYX	SRJZX	SRJCX	SRJAX	OSGCX	OSGIX

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Please upgrade your account to get full access to Macroaxis premium features

Risk-Adjusted Indicators

There is a big difference between Jpmorgan Mutual Fund performing well and Jpmorgan Investor Mutual Fund 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 Investor'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
SRJIX	0.39	(0.02)	(0.14)	0.08	0.44	(0.42)	0.86	(0.80)	2.35
SRJQX	0.39	(0.02)	(0.14)	0.08	0.43	(0.41)	0.90	(0.80)	2.40
SRJPX	0.39	(0.02)	(0.14)	0.07	0.46	(0.40)	0.87	(0.81)	2.39
SRJSX	0.39	(0.02)	(0.14)	0.07	0.45	(0.40)	0.86	(0.80)	2.35
SRJYX	0.39	(0.02)	(0.13)	0.08	0.45	(0.42)	0.86	(0.80)	2.39
SRJZX	0.39	(0.02)	(0.14)	0.07	0.46	(0.41)	0.87	(0.77)	2.44
SRJCX	0.39	(0.02)	(0.14)	0.07	0.47	(0.43)	0.88	(0.82)	2.42
SRJAX	0.39	(0.02)	(0.14)	0.07	0.44	(0.41)	0.86	(0.81)	2.38
OSGCX	0.88	(0.02)	0.02	0.10	1.04	(0.96)	1.96	(1.81)	6.63
OSGIX	0.73	0.08	0.09	0.19	0.75	(0.80)	1.58	(1.74)	5.03

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC