JPMorgan Ultra Financial Statements From 2010 to 2024
| JPST Etf | USD 50.53 0.01 0.02% |
Market Capitalisation {Big=0, Small=0, Mega=0, Medium=0.00154, Micro=0} |
Check JPMorgan Ultra financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among JPMorgan Ultra's main balance sheet or income statement drivers, such as , as well as many indicators such as . JPMorgan financial statements analysis is a perfect complement when working with JPMorgan Ultra Valuation or Volatility modules.
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JPMorgan Ultra Short Income ETF Price To Book Analysis
JPMorgan Ultra's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current JPMorgan Ultra Price To Book | 0.39 X |
Most of JPMorgan Ultra's fundamental indicators, such as Price To Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, JPMorgan Ultra Short Income is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
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Based on the latest financial disclosure, JPMorgan Ultra Short Income has a Price To Book of 0.39 times. This is much higher than that of the JPMorgan family and significantly higher than that of the Ultrashort Bond category. This indicator is about the same for all United States etfs average (which is currently at 0.39).
JPMorgan Ultra Short Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining JPMorgan Ultra's current stock value. Our valuation model uses many indicators to compare JPMorgan Ultra value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across JPMorgan Ultra competition to find correlations between indicators driving JPMorgan Ultra's intrinsic value. More Info.JPMorgan Ultra Short Income is considered the top ETF in price to earning as compared to similar ETFs. It also is considered the top ETF in price to book as compared to similar ETFs fabricating about 0.03 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for JPMorgan Ultra Short Income is roughly 33.31 . Comparative valuation analysis is a catch-all technique that is used if you cannot value JPMorgan Ultra by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.About JPMorgan Ultra Financial Statements
JPMorgan Ultra shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although JPMorgan Ultra investors may analyze each financial statement separately, they are all interrelated. The changes in JPMorgan Ultra's assets and liabilities, for example, are also reflected in the revenues and expenses on on JPMorgan Ultra's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80 percent of its assets in investment grade, U.S. dollar denominated short-term fixed, variable and floating rate debt. JPM Ultra-Short is traded on NYSEARCA Exchange in the United States.
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Check out the analysis of JPMorgan Ultra Correlation against competitors. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
The market value of JPMorgan Ultra Short 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 Ultra's value that differs from its market value or its book value, called intrinsic value, which is JPMorgan Ultra'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 Ultra's market value can be influenced by many factors that don't directly affect JPMorgan Ultra'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 Ultra's value and its price as these two are different measures arrived at by different means. Investors typically determine if JPMorgan Ultra is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JPMorgan Ultra'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.