Jpmorgan Income Fund Price on August 30, 2024
| JMSFX Fund | USD 8.51 0.01 0.12% |
Below is the normalized historical share price chart for Jpmorgan Income Fund extending back to November 07, 2014. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Jpmorgan Income stands at 8.51, as last reported on the 27th of November, with the highest price reaching 8.51 and the lowest price hitting 8.51 during the day.
If you're considering investing in Jpmorgan Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Jpmorgan Mutual Fund to be very steady. Jpmorgan Income holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had a 0.12% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Jpmorgan Income, which you can use to evaluate the volatility of the entity. Please check out Jpmorgan Income's Coefficient Of Variation of 771.69, market risk adjusted performance of 1.97, and Risk Adjusted Performance of 0.0541 to validate if the risk estimate we provide is consistent with the expected return of 0.0167%.
Jpmorgan Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Jpmorgan |
Sharpe Ratio = 0.1189
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Estimated Market Risk
| 0.14 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Jpmorgan Income is performing at about 9% of its full potential. 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 Income by adding it to a well-diversified portfolio.
Jpmorgan Income Valuation on August 30, 2024
It is possible to determine the worth of Jpmorgan Income on a given historical date. On August 30, 2024 Jpmorgan was worth 8.45 at the beginning of the trading date compared to the closed value of 8.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Jpmorgan Income mutual fund. Still, in general, we apply an absolute valuation method to find Jpmorgan Income'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 Income where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Jpmorgan Income's related companies.
| Open | High | Low | Close | Volume | |
| 8.41 | 8.41 | 8.41 | 8.41 | 1.00 | |
08/30/2024 | 8.45 | 8.45 | 8.45 | 8.45 | 1.00 |
| 8.45 | 8.45 | 8.45 | 8.45 | 1.00 |
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Jpmorgan Income Trading Date Momentum on August 30, 2024
| On September 03 2024 Jpmorgan Income Fund was traded for 8.45 at the closing time. The highest daily price throughout the period was 8.45 and the lowest price was 8.45 . There was no trading activity during the period 1.0. Lack of trading volume on 09/03/2024 did not cause price change. The trading delta at closing time to current closing price is 0.24% . |
Jpmorgan Income Fundamentals Correlations and Trends
By evaluating Jpmorgan Income'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 Income'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 Income Mutual Fund history
Jpmorgan Income 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 Income 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 Income stock prices may prove useful in developing a viable investing in Jpmorgan Income
The fund invests primarily in U.S. dollar denominated securities, although the fund may also invest in non-dollar denominated securities. Although it has the flexibility to invest above 65 percent of its total assets in investments that are rated below investment grade or the unrated equivalent to take advantage of market opportunities, under normal market conditions the fund invests at least 35 percent of its total assets in investments that, at the time of purchase, are rated investment grade or the unrated equivalent.
Jpmorgan Income Mutual Fund Technical Analysis
Jpmorgan Income 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 Income Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Jpmorgan Income Fund 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 Income November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Jpmorgan Income 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 Income shares will generate the highest return on investment. By undertsting and applying Jpmorgan Income mutual fund market strength indicators, traders can identify Jpmorgan Income Fund entry and exit signals to maximize returns
Jpmorgan Income Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Jpmorgan Income'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 | 0.0541 | |||
| Jensen Alpha | 0.0075 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.78) | |||
| Treynor Ratio | 1.96 |
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Other Information on Investing in Jpmorgan Mutual Fund
Jpmorgan Income 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 Income security.
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated |