Jpmorgan Chase Co Stock Price on December 2, 2024
JPM Stock | USD 238.36 1.22 0.51% |
Below is the normalized historical share price chart for JPMorgan Chase Co extending back to November 05, 1984. 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 Chase stands at 238.36, as last reported on the 17th of December 2024, with the highest price reaching 238.36 and the lowest price hitting 237.56 during the day.
If you're considering investing in JPMorgan Stock, it is important to understand the factors that can impact its price. JPMorgan Chase appears to be very steady, given 3 months investment horizon. JPMorgan Chase holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for JPMorgan Chase, which you can use to evaluate the volatility of the firm. Please utilize JPMorgan Chase's market risk adjusted performance of 0.1476, and Risk Adjusted Performance of 0.1102 to validate if our risk estimates are consistent with your expectations.
At this time, JPMorgan Chase's Total Stockholder Equity is very stable compared to the past year. As of the 17th of December 2024, Liabilities And Stockholders Equity is likely to grow to about 4.1 T, though Other Stockholder Equity is likely to grow to (24.8 B). . At this time, JPMorgan Chase's Price To Operating Cash Flows Ratio is very stable compared to the past year. As of the 17th of December 2024, Price To Free Cash Flows Ratio is likely to grow to 40.45, while Price Earnings Ratio is likely to drop 9.50. JPMorgan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 6th of October 1978 | 200 Day MA 209.6171 | 50 Day MA 233.2816 | Beta 1.091 |
JPMorgan |
Sharpe Ratio = 0.1299
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Estimated Market Risk
1.87 actual daily | 16 84% of assets are more volatile |
Expected Return
0.24 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average JPMorgan Chase 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 JPMorgan Chase by adding it to a well-diversified portfolio.
Price Book 2.0837 | Price Sales 4.1598 | Shares Float 2.8 B | Dividend Share 4.6 | Wall Street Target Price 246.556 |
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JPMorgan Chase Valuation on December 2, 2024
It is possible to determine the worth of JPMorgan Chase on a given historical date. On December 2, 2024 JPMorgan was worth 249.55 at the beginning of the trading date compared to the closed value of 246.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of JPMorgan Chase stock. Still, in general, we apply an absolute valuation method to find JPMorgan Chase'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 Chase where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against JPMorgan Chase's related companies.
Open | High | Low | Close | Volume | |
249.86 | 251.77 | 249.45 | 249.72 | 5,494,825 | |
12/02/2024 | 249.55 | 250.25 | 245.03 | 246.25 | 8,898,009 |
248.23 | 249.04 | 244.63 | 244.82 | 6,651,578 |
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JPMorgan Chase Trading Date Momentum on December 2, 2024
On December 03 2024 JPMorgan Chase Co was traded for 244.82 at the closing time. Highest JPMorgan Chase's price during the trading hours was 249.04 and the lowest price during the day was 244.63 . The net volume was 6.7 M. The overall trading history on the 3rd of December contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 0.58% . The trading delta at closing time to current price is 1.32% . |
JPMorgan Chase Fundamentals Correlations and Trends
By evaluating JPMorgan Chase'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 Chase'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 Chase Stock history
JPMorgan Chase 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 Chase 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 Chase stock prices may prove useful in developing a viable investing in JPMorgan Chase
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 2.9 B | 2.5 B | |
Net Income Applicable To Common Shares | 41.3 B | 43.3 B |
JPMorgan Chase Stock Technical Analysis
JPMorgan Chase technical stock 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, stock market cycles, or different charting patterns.
Price Boundaries
JPMorgan Chase Period Price Range
Low | December 17, 2024
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0.00 | 0.00 |
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JPMorgan Chase December 17, 2024 Market Strength
Market strength indicators help investors to evaluate how JPMorgan Chase stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading JPMorgan Chase shares will generate the highest return on investment. By undertsting and applying JPMorgan Chase stock market strength indicators, traders can identify JPMorgan Chase Co entry and exit signals to maximize returns
JPMorgan Chase Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for JPMorgan Chase's price direction in advance. Along with the technical and fundamental analysis of JPMorgan Stock 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 | 0.1102 | |||
Jensen Alpha | 0.1162 | |||
Total Risk Alpha | 0.0638 | |||
Sortino Ratio | 0.1565 | |||
Treynor Ratio | 0.1376 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JPMorgan Chase Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Diversified Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of JPMorgan Chase. If investors know JPMorgan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about JPMorgan Chase listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.009 | Dividend Share 4.6 | Earnings Share 17.99 | Revenue Per Share 56.043 | Quarterly Revenue Growth 0.03 |
The market value of JPMorgan Chase 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 Chase's value that differs from its market value or its book value, called intrinsic value, which is JPMorgan Chase'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 Chase's market value can be influenced by many factors that don't directly affect JPMorgan Chase'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 Chase's value and its price as these two are different measures arrived at by different means. Investors typically determine if JPMorgan Chase is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JPMorgan Chase'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.