Jpmorgan Strategic Correlations

JSOSX Fund

USD 11.45 0.01 0.09%

The current 90-days correlation between Jpmorgan Strategic Income and Mfs Mid Cap is 0.03 (i.e., Significant diversification). The correlation of Jpmorgan Strategic 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 Strategic Correlation With Market

Very poor diversification

The correlation between Jpmorgan Strategic Income and DJI is 0.88 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Jpmorgan Strategic Income 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 Strategic Income. 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 main economic indicators.

Moving together with Jpmorgan Mutual Fund

0.92	SRJIX	Jpmorgan Smartretirement	Pair Corr
0.92	SRJQX	Jpmorgan Smartretirement	Pair Corr
0.92	SRJPX	Jpmorgan Smartretirement	Pair Corr
0.92	SRJSX	Jpmorgan Smartretirement	Pair Corr
0.92	SRJYX	Jpmorgan Smartretirement	Pair Corr
0.92	SRJZX	Jpmorgan Smartretirement	Pair Corr
0.92	SRJCX	Jpmorgan Smartretirement	Pair Corr
0.92	SRJAX	Jpmorgan Smartretirement	Pair Corr
0.95	JPBRX	Jpmorgan Smartretirement*	Pair Corr
0.97	JPDAX	Jpmorgan Preferred And	Pair Corr
0.97	JPDCX	Jpmorgan Preferred And	Pair Corr
0.97	JPDIX	Jpmorgan Preferred And	Pair Corr
0.97	JPDRX	Jpmorgan Preferred And	Pair Corr
0.83	JPDVX	Jpmorgan Diversified	Pair Corr
0.97	OSTAX	Jpmorgan Short Inter	Pair Corr
0.96	OSTCX	Jpmorgan Short Duration	Pair Corr
0.9	OSVCX	Jpmorgan Small Cap	Pair Corr
0.97	OSTSX	Jpmorgan Short Inter	Pair Corr
0.91	JPICX	Jpmorgan California Tax	Pair Corr
0.81	OBDCX	Jpmorgan E Plus	Pair Corr
0.92	JPPEX	Jpmorgan Mid Cap	Pair Corr
0.95	JPRRX	Jpmorgan Smartretirement	Pair Corr
0.94	JPTBX	Jpmorgan Smartretirement*	Pair Corr
0.95	JPTKX	Jpmorgan Smartretirement*	Pair Corr
0.95	JPTLX	Jpmorgan Smartretirement*	Pair Corr
0.95	JPSRX	Jpmorgan Smartretirement*	Pair Corr
0.98	JPVRX	Jpmorgan International	Pair Corr
0.98	JPVZX	Jpmorgan International	Pair Corr
0.68	OBOCX	Jpmorgan E Bond	Pair Corr
0.95	JPYRX	Jpmorgan Smartretirement*	Pair Corr
0.94	EMREX	Jpmorgan Trust Iv	Pair Corr
0.94	EMRSX	Jpmorgan Emerging Markets	Pair Corr
0.75	PGBOX	Jpmorgan E Bond	Pair Corr

Related Correlations Analysis

	TSIIX	CLREX	CBDYX	TLYIX	PRVIX	CBALX	FZAHX	SFLNX	MQGIX	MVCKX
TSIIX		0.57	0.57	0.87	0.43	0.57	-0.18	0.91	0.51	0.92	TSIIX
CLREX	0.57		1.0	0.8	0.43	1.0	0.51	0.73	0.23	0.71	CLREX
CBDYX	0.57	1.0		0.8	0.43	1.0	0.51	0.73	0.24	0.71	CBDYX
TLYIX	0.87	0.8	0.8		0.51	0.8	0.18	0.96	0.55	0.93	TLYIX
PRVIX	0.43	0.43	0.43	0.51		0.43	-0.26	0.47	0.75	0.48	PRVIX
CBALX	0.57	1.0	1.0	0.8	0.43		0.51	0.73	0.23	0.71	CBALX
FZAHX	-0.18	0.51	0.51	0.18	-0.26	0.51		0.0	-0.32	-0.06	FZAHX
SFLNX	0.91	0.73	0.73	0.96	0.47	0.73	0.0		0.52	0.99	SFLNX
MQGIX	0.51	0.23	0.24	0.55	0.75	0.23	-0.32	0.52		0.5	MQGIX
MVCKX	0.92	0.71	0.71	0.93	0.48	0.71	-0.06	0.99	0.5		MVCKX
	TSIIX	CLREX	CBDYX	TLYIX	PRVIX	CBALX	FZAHX	SFLNX	MQGIX	MVCKX

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

Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

CBDYX	+ 1.0	CLREX
CBALX	+ 1.0	CLREX
CBALX	+ 1.0	CBDYX
MVCKX	+ 0.99	SFLNX
SFLNX	+ 0.96	TLYIX
MVCKX	+ 0.93	TLYIX

High negative correlations

MQGIX	- 0.32	FZAHX
FZAHX	- 0.26	PRVIX
FZAHX	- 0.18	TSIIX
MVCKX	- 0.06	FZAHX
SFLNX	- 0.0	FZAHX

Risk-Adjusted Indicators

There is a big difference between Jpmorgan Mutual Fund performing well and Jpmorgan Strategic 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 Strategic'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
TSIIX	0.10	0.01	(0.39)	0.31	0.00	(0.14)	0.26	(0.17)	0.52
CLREX	0.43	0.10	0.05	(0.76)	0.32	(0.49)	0.72	(0.77)	5.91
CBDYX	0.42	0.09	0.04	(0.77)	0.33	(0.49)	0.74	(0.76)	5.85
TLYIX	0.38	0.08	0.03	(2.01)	0.30	(0.43)	0.80	(0.71)	2.68
PRVIX	1.15	0.46	0.57	0.49	0.00	(1.51)	2.22	(1.41)	14.46
CBALX	0.43	0.09	0.05	(0.79)	0.32	(0.49)	0.74	(0.76)	5.94
FZAHX	0.84	(0.01)	0.00	0.11	0.00	0.00	1.66	(2.33)	5.36
SFLNX	0.54	0.14	0.11	(3.97)	0.43	(0.65)	1.38	(1.03)	3.20
MQGIX	0.49	0.10	0.08	0.76	0.39	(0.58)	1.19	(0.79)	2.98
MVCKX	0.65	0.17	0.13	(48.49)	0.50	(0.75)	1.74	(1.10)	3.98

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

2026 Macroaxis LLC