Jpmorgan Porate Bond Fund Price on October 20, 2023
CBRAX Fund | USD 8.40 0.05 0.59% |
If you're considering investing in Jpmorgan Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Jpmorgan Porate stands at 8.40, as last reported on the 27th of November, with the highest price reaching 8.40 and the lowest price hitting 8.40 during the day. Jpmorgan Porate Bond holds Efficiency (Sharpe) Ratio of -0.0317, which attests that the entity had a -0.0317% return per unit of risk over the last 3 months. Jpmorgan Porate Bond exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Jpmorgan Porate's Standard Deviation of 0.3338, market risk adjusted performance of 1.17, and Risk Adjusted Performance of (0.04) to validate the risk estimate we provide.
Jpmorgan Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Jpmorgan |
Sharpe Ratio = -0.0317
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Estimated Market Risk
0.33 actual daily | 2 98% of assets are more volatile |
Expected Return
-0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Jpmorgan Porate is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Jpmorgan Porate by adding Jpmorgan Porate to a well-diversified portfolio.
Jpmorgan Porate Valuation on October 20, 2023
It is possible to determine the worth of Jpmorgan Porate on a given historical date. On October 20, 2023 Jpmorgan was worth 7.29 at the beginning of the trading date compared to the closed value of 7.29. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Jpmorgan Porate mutual fund. Still, in general, we apply an absolute valuation method to find Jpmorgan Porate's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Jpmorgan Porate where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Jpmorgan Porate's related companies.
Open | High | Low | Close | Volume | |
7.27 | 7.27 | 7.27 | 7.27 | 1.00 | |
10/20/2023 | 7.29 | 7.29 | 7.29 | 7.29 | 1.00 |
7.33 | 7.33 | 7.33 | 7.33 | 1.00 |
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Jpmorgan Porate Trading Date Momentum on October 20, 2023
On October 23 2023 Jpmorgan Porate Bond was traded for 7.33 at the closing time. The highest daily price throughout the period was 7.33 and the lowest price was 7.33 . There was no trading activity during the period 1.0. Lack of trading volume on 10/23/2023 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.55% . The trading delta at closing time to current closing price is 0.55% . |
Jpmorgan Porate Bond Fundamentals Correlations and Trends
By evaluating Jpmorgan Porate's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Jpmorgan Porate's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Jpmorgan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Jpmorgan Porate Mutual Fund history
Jpmorgan Porate investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Jpmorgan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Jpmorgan Porate Bond will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Jpmorgan Porate stock prices may prove useful in developing a viable investing in Jpmorgan Porate
Jpmorgan Porate Mutual Fund Technical Analysis
Jpmorgan Porate technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Jpmorgan Porate Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Jpmorgan Porate Bond cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Jpmorgan Porate November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Jpmorgan Porate mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Jpmorgan Porate shares will generate the highest return on investment. By undertsting and applying Jpmorgan Porate mutual fund market strength indicators, traders can identify Jpmorgan Porate Bond entry and exit signals to maximize returns
Jpmorgan Porate Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Jpmorgan Porate's price direction in advance. Along with the technical and fundamental analysis of Jpmorgan Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Jpmorgan to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.04) | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.07) | |||
Treynor Ratio | 1.16 |
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Other Information on Investing in Jpmorgan Mutual Fund
Jpmorgan Porate 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 Porate security.
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