Jpmorgan Floating Rate Fund Price on November 24, 2024
| JPHCX Fund | USD 8.53 0.01 0.12% |
Below is the normalized historical share price chart for Jpmorgan Floating Rate extending back to June 03, 2011. 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 Floating stands at 8.53, as last reported on the 24th of November, with the highest price reaching 8.53 and the lowest price hitting 8.53 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 Floating Rate holds Efficiency (Sharpe) Ratio of 0.42, which attests that the entity had a 0.42% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Jpmorgan Floating Rate, which you can use to evaluate the volatility of the entity. Please check out Jpmorgan Floating's Standard Deviation of 0.0736, market risk adjusted performance of (1.59), and Risk Adjusted Performance of 0.2428 to validate if the risk estimate we provide is consistent with the expected return of 0.031%.
Jpmorgan Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Jpmorgan |
Sharpe Ratio = 0.4226
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Based on monthly moving average Jpmorgan Floating is performing at about 33% 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 Floating by adding it to a well-diversified portfolio.
Jpmorgan Floating Valuation on November 24, 2024
It is possible to determine the worth of Jpmorgan Floating on a given historical date. On November 24, 2024 Jpmorgan was worth 8.53 at the beginning of the trading date compared to the closed value of 8.53. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Jpmorgan Floating mutual fund. Still, in general, we apply an absolute valuation method to find Jpmorgan Floating'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 Floating where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Jpmorgan Floating's related companies.
| Open | High | Low | Close | Volume | |
| 8.53 | 8.53 | 8.53 | 8.53 | 1.00 | |
11/24/2024 | 8.53 | 8.53 | 8.53 | 8.53 | 0.00 |
| Backtest Jpmorgan Floating | | | Jpmorgan Floating History | | | Jpmorgan Floating Valuation | Previous |
Jpmorgan Floating Trading Date Momentum on November 24, 2024
| On November 24 2024 Jpmorgan Floating Rate was traded for 8.53 at the closing time. The highest daily price throughout the period was 8.53 and the lowest price was 8.53 . There was no trading activity during the period 0.0. Lack of trading volume on 11/24/2024 did not cause price change. The trading delta at closing time to current closing price is 0.00% . |
Jpmorgan Floating Rate Fundamentals Correlations and Trends
By evaluating Jpmorgan Floating'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 Floating'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 Floating Mutual Fund history
Jpmorgan Floating 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 Floating Rate 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 Floating stock prices may prove useful in developing a viable investing in Jpmorgan Floating
The fund invests mainly in floating rate debt instruments issued by corporations. It normally invests at least 80 percent of its assets in floating rate instruments including Loans, convertible securities, corporate bonds, preferred shares and other floating rate debt instruments. The fund may invest up to 100 percent of its total assets in below investment grade securities or unrated securities that the adviser deems to be of equivalent quality. Up to 20 percent of the funds total assets may be invested in non-U.S. dollar denominated securities in foreign and emerging markets.
Jpmorgan Floating Mutual Fund Technical Analysis
Jpmorgan Floating 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 Floating Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Jpmorgan Floating Rate 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 Floating November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Jpmorgan Floating 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 Floating shares will generate the highest return on investment. By undertsting and applying Jpmorgan Floating mutual fund market strength indicators, traders can identify Jpmorgan Floating Rate entry and exit signals to maximize returns
Jpmorgan Floating Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Jpmorgan Floating'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 | 0.2428 | |||
| Jensen Alpha | 0.024 | |||
| Total Risk Alpha | 0.0108 | |||
| Treynor Ratio | (1.60) |
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Other Information on Investing in Jpmorgan Mutual Fund
Jpmorgan Floating 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 Floating security.
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