JP Morgan is trading at 45.74 as of the 25th of November 2024, a 0.02 percent down since the beginning of the trading day. The etf's lowest day price was 45.69. JP Morgan has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for JP Morgan Exchange Traded are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of October 2024 and ending today, the 25th of November 2024. Click here to learn more.
The fund seeks to achieve its objective by investing opportunistically among multiple debt markets and sectors that the funds adviser, J.P. JPM Income is traded on NYSEARCA Exchange in the United States. More on JP Morgan Exchange Traded
JP Morgan Exchange Traded [JPIE] is traded in USA and was established 2021-10-28. The fund is listed under Multisector Bond category and is part of JPMorgan family. The entity is thematically classified as Strategy ETFs. JP Morgan Exchange currently have 150.9 M in assets under management (AUM). , while the total return for the last 3 years was 2.1%.
Check JP Morgan Probability Of Bankruptcy
Geographic Allocation (%)
JP Morgan Exchange 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 JP Morgan. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
When determining whether JP Morgan Exchange is a strong investment it is important to analyze JP Morgan's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact JP Morgan's future performance. For an informed investment choice regarding JPIE Etf, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JP Morgan Exchange Traded. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
The market value of JP Morgan Exchange is measured differently than its book value, which is the value of JPIE 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.