J P Morgan Etf Price on February 5, 2024
| JPLD Etf | 51.82 0.08 0.15% |
If you're considering investing in JPLD Etf, it is important to understand the factors that can impact its price. As of today, the current price of J P stands at 51.82, as last reported on the 30th of November, with the highest price reaching 51.84 and the lowest price hitting 51.79 during the day. At this point, J P is very steady. J P Morgan holds Efficiency (Sharpe) Ratio of 0.13, which attests that the etf had a 0.13% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for J P Morgan, which you can use to evaluate the volatility of the entity. Please check out J P's market risk adjusted performance of (0.23), and Downside Deviation of 0.1015 to validate if the risk estimate we provide is consistent with the expected return of 0.0131%.
JPLD Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
JPLD |
Sharpe Ratio = 0.1314
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Based on monthly moving average J P is performing at about 10% 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 J P by adding it to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
J P Valuation on February 5, 2024
It is possible to determine the worth of J P on a given historical date. On February 5, 2024 JPLD was worth 48.94 at the beginning of the trading date compared to the closed value of 48.96. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of J P etf. Still, in general, we apply an absolute valuation method to find J P'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 J P where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against J P's related companies.
| Open | High | Low | Close | Volume | |
| 49.11 | 49.11 | 49.00 | 49.04 | 5,900 | |
02/05/2024 | 48.94 | 48.99 | 48.92 | 48.96 | 18,700 |
| 49.07 | 49.07 | 48.96 | 49.01 | 26,500 |
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J P Trading Date Momentum on February 5, 2024
| On February 06 2024 J P Morgan was traded for 49.01 at the closing time. The top price for the day was 49.07 and the lowest listed price was 48.96 . The trading volume for the day was 26.5 K. The trading history from February 6, 2024 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 0.10% . The trading delta at closing time against the current closing price is 0.29% . |
J P Morgan Fundamentals Correlations and Trends
By evaluating J P'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 J P's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. JPLD financial account trend analysis is a perfect complement when working with valuation or volatility modules.About J P Etf history
J P 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 JPLD is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in J P Morgan 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 J P stock prices may prove useful in developing a viable investing in J P
J P Etf Technical Analysis
J P 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
J P Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
J P Morgan cannot be verified against its exchange. Please verify the symbol is currently traded on BATS 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.
J P November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how J P etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading J P shares will generate the highest return on investment. By undertsting and applying J P etf market strength indicators, traders can identify J P Morgan entry and exit signals to maximize returns
J P Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for J P's price direction in advance. Along with the technical and fundamental analysis of JPLD Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of JPLD 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 | 0.0397 | |||
| Jensen Alpha | 0.0059 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (1.22) | |||
| Treynor Ratio | (0.24) |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in J P Morgan. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
The market value of J P Morgan is measured differently than its book value, which is the value of JPLD that is recorded on the company's balance sheet. Investors also form their own opinion of J P's value that differs from its market value or its book value, called intrinsic value, which is J P'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 J P's market value can be influenced by many factors that don't directly affect J P'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 J P's value and its price as these two are different measures arrived at by different means. Investors typically determine if J P is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, J P'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.