Jpmorgan Mortgage Backed Securities Fund Probability of Future Mutual Fund Price Finishing Under 9.81
| OBBCX Fund | USD 10.20 0.03 0.29% |
Jpmorgan |
Jpmorgan Mortgage Target Price Odds to finish below 9.81
The tendency of Jpmorgan Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 9.81 or more in 90 days |
| 10.20 | 90 days | 9.81 | near 1 |
Based on a normal probability distribution, the odds of Jpmorgan Mortgage to drop to $ 9.81 or more in 90 days from now is near 1 (This Jpmorgan Mortgage Backed Securities probability density function shows the probability of Jpmorgan Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Jpmorgan Mortgage price to stay between $ 9.81 and its current price of $10.2 at the end of the 90-day period is about 34.98 .
Assuming the 90 days horizon Jpmorgan Mortgage Backed Securities has a beta of -0.0655. This indicates as returns on the benchmark increase, returns on holding Jpmorgan Mortgage are expected to decrease at a much lower rate. During a bear market, however, Jpmorgan Mortgage Backed Securities is likely to outperform the market. Additionally Jpmorgan Mortgage Backed Securities has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Jpmorgan Mortgage Price Density |
| Price |
Predictive Modules for Jpmorgan Mortgage
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Jpmorgan Mortgage. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Jpmorgan Mortgage's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Jpmorgan Mortgage Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Jpmorgan Mortgage is not an exception. The market had few large corrections towards the Jpmorgan Mortgage's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Jpmorgan Mortgage Backed Securities, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Jpmorgan Mortgage within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | -0.07 | |
σ | Overall volatility | 0.13 | |
Ir | Information ratio | -0.5 |
Jpmorgan Mortgage Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Jpmorgan Mortgage for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Jpmorgan Mortgage can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Jpmorgan Mortgage generated a negative expected return over the last 90 days | |
| Jpmorgan Mortgage generated five year return of 0.0% | |
| This fund maintains most of the assets in different exotic instruments. |
Jpmorgan Mortgage Technical Analysis
Jpmorgan Mortgage's future price can be derived by breaking down and analyzing its technical indicators over time. Jpmorgan Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Jpmorgan Mortgage Backed Securities. In general, you should focus on analyzing Jpmorgan Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Jpmorgan Mortgage Predictive Forecast Models
Jpmorgan Mortgage's time-series forecasting models is one of many Jpmorgan Mortgage's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Jpmorgan Mortgage's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.
Things to note about Jpmorgan Mortgage
Checking the ongoing alerts about Jpmorgan Mortgage for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Jpmorgan Mortgage help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Jpmorgan Mortgage generated a negative expected return over the last 90 days | |
| Jpmorgan Mortgage generated five year return of 0.0% | |
| This fund maintains most of the assets in different exotic instruments. |
Other Information on Investing in Jpmorgan Mutual Fund
Jpmorgan Mortgage financial ratios help investors to determine whether Jpmorgan Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Jpmorgan with respect to the benefits of owning Jpmorgan Mortgage security.
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