Jp Morgan Exchange Traded Etf Price on September 27, 2024
JBND Etf | 53.19 0.13 0.25% |
If you're considering investing in JBND Etf, it is important to understand the factors that can impact its price. As of today, the current price of JP Morgan stands at 53.19, as last reported on the 27th of November, with the highest price reaching 53.28 and the lowest price hitting 53.15 during the day. JP Morgan Exchange retains Efficiency (Sharpe Ratio) of -0.0339, which attests that the entity had a -0.0339% return per unit of price deviation over the last 3 months. JP Morgan exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out JP Morgan's Information Ratio of (0.50), coefficient of variation of (1,819), and Market Risk Adjusted Performance of 0.6273 to validate the risk estimate we provide.
JBND Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
JBND |
Sharpe Ratio = -0.0339
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Estimated Market Risk
0.3 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 JP Morgan 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 JP Morgan by adding JP Morgan to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
JP Morgan Valuation on September 27, 2024
It is possible to determine the worth of JP Morgan on a given historical date. On September 27, 2024 JBND was worth 54.25 at the beginning of the trading date compared to the closed value of 54.29. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of JP Morgan etf. Still, in general, we apply an absolute valuation method to find JP Morgan'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 JP Morgan where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against JP Morgan's related companies.
Open | High | Low | Close | Volume | |
54.23 | 54.23 | 54.05 | 54.18 | 426,600 | |
09/27/2024 | 54.25 | 54.31 | 54.19 | 54.29 | 271,600 |
54.28 | 54.29 | 54.11 | 54.24 | 103,000 |
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JP Morgan Trading Date Momentum on September 27, 2024
On September 30 2024 JP Morgan Exchange Traded was traded for 54.24 at the closing time. The top price for the day was 54.29 and the lowest listed price was 54.11 . The trading volume for the day was 103 K. The trading history from September 30, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.09% . The trading delta at closing time against the current closing price is 1.58% . |
About JP Morgan Etf history
JP Morgan 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 JBND is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in JP Morgan Exchange 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 JP Morgan stock prices may prove useful in developing a viable investing in JP Morgan
JP Morgan Etf Technical Analysis
JP Morgan technical etf 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, etf market cycles, or different charting patterns.
Price Boundaries
JP Morgan Period Price Range
Low | November 27, 2024
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0.00 | 0.00 |
JP Morgan Exchange Traded cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA 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.
JP Morgan November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how JP Morgan etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading JP Morgan shares will generate the highest return on investment. By undertsting and applying JP Morgan etf market strength indicators, traders can identify JP Morgan Exchange Traded entry and exit signals to maximize returns
JP Morgan Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for JP Morgan's price direction in advance. Along with the technical and fundamental analysis of JBND Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of JBND 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 | (0.06) | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.07) | |||
Treynor Ratio | 0.6173 |
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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 board of governors. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
The market value of JP Morgan Exchange is measured differently than its book value, which is the value of JBND 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.