Jpmorgan Healthcare Leaders Etf Price on September 24, 2024
| JDOC Etf | 57.49 0.26 0.45% |
If you're considering investing in JPMorgan Etf, it is important to understand the factors that can impact its price. As of today, the current price of JPMorgan Healthcare stands at 57.49, as last reported on the 30th of November, with the highest price reaching 57.49 and the lowest price hitting 57.49 during the day. JPMorgan Healthcare holds Efficiency (Sharpe) Ratio of -0.19, which attests that the entity had a -0.19% return per unit of volatility over the last 3 months. JPMorgan Healthcare exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out JPMorgan Healthcare's market risk adjusted performance of (0.27), and Risk Adjusted Performance of (0.14) to validate the risk estimate we provide.
JPMorgan Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
JPMorgan |
Sharpe Ratio = -0.1864
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| Negative Returns | JDOC |
Estimated Market Risk
| 0.75 actual daily | 6 94% of assets are more volatile |
Expected Return
| -0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.19 actual daily | 0 Most of other assets perform better |
Based on monthly moving average JPMorgan Healthcare 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 Healthcare by adding JPMorgan Healthcare to a well-diversified portfolio.
Average Mkt Cap Mil 130.6 K |
JPMorgan Healthcare Valuation on September 24, 2024
It is possible to determine the worth of JPMorgan Healthcare on a given historical date. On September 24, 2024 JPMorgan was worth 60.96 at the beginning of the trading date compared to the closed value of 60.96. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of JPMorgan Healthcare etf. Still, in general, we apply an absolute valuation method to find JPMorgan Healthcare'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 Healthcare where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against JPMorgan Healthcare's related companies.
| Open | High | Low | Close | Volume | |
| 61.09 | 61.09 | 61.09 | 61.09 | 183.00 | |
09/24/2024 | 60.96 | 60.96 | 60.96 | 60.96 | 251.00 |
| 60.66 | 60.66 | 60.63 | 60.63 | 201.00 |
| Backtest JPMorgan Healthcare | | | JPMorgan Healthcare History | | | JPMorgan Healthcare Valuation | Previous | Next |
JPMorgan Healthcare Trading Date Momentum on September 24, 2024
| On September 25 2024 JPMorgan Healthcare Leaders was traded for 60.63 at the closing time. The top price for the day was 60.66 and the lowest listed price was 60.63 . The trading volume for the day was 201. The trading history from September 25, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.54% . The trading delta at closing time against the current closing price is 2.28% . |
About JPMorgan Healthcare Etf history
JPMorgan Healthcare 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 Healthcare 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 Healthcare stock prices may prove useful in developing a viable investing in JPMorgan Healthcare
JPMorgan Healthcare Etf Technical Analysis
JPMorgan Healthcare 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
JPMorgan Healthcare Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
JPMorgan Healthcare Leaders cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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 Healthcare November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how JPMorgan Healthcare etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading JPMorgan Healthcare shares will generate the highest return on investment. By undertsting and applying JPMorgan Healthcare etf market strength indicators, traders can identify JPMorgan Healthcare Leaders entry and exit signals to maximize returns
JPMorgan Healthcare Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for JPMorgan Healthcare's price direction in advance. Along with the technical and fundamental analysis of JPMorgan Etf 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 | (0.14) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | (0.28) |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JPMorgan Healthcare Leaders. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
The market value of JPMorgan Healthcare 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 Healthcare's value that differs from its market value or its book value, called intrinsic value, which is JPMorgan Healthcare'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 Healthcare's market value can be influenced by many factors that don't directly affect JPMorgan Healthcare'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 Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if JPMorgan Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JPMorgan Healthcare'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.