Jpmorgan Etf Profile
JPMorgan is trading at 48.27 as of the 30th of November 2024, a No Change since the beginning of the trading day. The etf's open price was 48.27. Equity ratings for JPMorgan are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 31st of October 2024 and ending today, the 30th of November 2024. Click here to learn more.
JPMorgan Etf Highlights
| Old Name | JPMorgan BetaBuilders 1-5 Year U.S. Aggregate Bond ETF |
| Business Concentration | Short-Term Bond, JPMorgan (View all Sectors) |
| Country Name | USA |
| Returns Y T D | 3.81 |
| Name | JPMorgan BetaBuilders 1-5 Year U.S. Aggregate Bond ETF |
| Currency Code | USD |
| Open Figi | BBG00NKWDT35 |
| In Threey Volatility | 3.55 |
| 1y Volatility | 2.92 |
| 200 Day M A | 47.755 |
| 50 Day M A | 48.4822 |
| Code | BBSA |
| Updated At | 22nd of October 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.9) |
| Type | ETF |
JPMorgan [BBSA] is traded in USA and was established 2019-03-12. The fund is listed under Short-Term Bond category and is part of JPMorgan family. JPMorgan currently have 37.43 M in assets under management (AUM). , while the total return for the last 3 years was 0.6%.
Check JPMorgan Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on JPMorgan Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding JPMorgan Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as JPMorgan Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
JPMorgan Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in JPMorgan. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Mean Deviation | 0.1152 | |||
| Standard Deviation | 0.1607 | |||
| Variance | 0.0258 | |||
| Downside Variance | 0.0287 |
JPMorgan Against Markets
JPMorgan Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with JPMorgan etf to make a market-neutral strategy. Peer analysis of JPMorgan could also be used in its relative valuation, which is a method of valuing JPMorgan by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
The market value of JPMorgan is measured differently than its book value, which is the value of JPMorgan that is recorded on the company's balance sheet. Investors also form their own opinion of JPMorgan's value that differs from its market value or its book value, called intrinsic value, which is JPMorgan'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 JPMorgan's market value can be influenced by many factors that don't directly affect JPMorgan'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 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.