Jpmorgan Usd Emerging Etf Price on September 6, 2024
JPMB Etf | USD 38.97 0.06 0.15% |
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 USD stands at 38.97, as last reported on the 24th of November, with the highest price reaching 39.05 and the lowest price hitting 38.93 during the day. JPMorgan USD Emerging holds Efficiency (Sharpe) Ratio of -0.0712, which attests that the entity had a -0.0712% return per unit of volatility over the last 3 months. JPMorgan USD Emerging exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out JPMorgan USD's market risk adjusted performance of (0.49), and Risk Adjusted Performance of (0.07) 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 = -0.0712
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Estimated Market Risk
0.34 actual daily | 3 97% of assets are more volatile |
Expected Return
-0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average JPMorgan USD 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 USD by adding JPMorgan USD to a well-diversified portfolio.
JPMorgan USD Valuation on September 6, 2024
It is possible to determine the worth of JPMorgan USD on a given historical date. On September 6, 2024 JPMorgan was worth 39.62 at the beginning of the trading date compared to the closed value of 39.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of JPMorgan USD etf. Still, in general, we apply an absolute valuation method to find JPMorgan USD'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 USD where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against JPMorgan USD's related companies.
Open | High | Low | Close | Volume | |
39.58 | 39.66 | 39.49 | 39.60 | 8,419 | |
09/06/2024 | 39.62 | 39.69 | 39.52 | 39.55 | 9,910 |
39.59 | 39.70 | 39.59 | 39.63 | 6,197 |
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JPMorgan USD Trading Date Momentum on September 6, 2024
On September 09 2024 JPMorgan USD Emerging was traded for 39.63 at the closing time. The top price for the day was 39.70 and the lowest listed price was 39.59 . The trading volume for the day was 6.2 K. The trading history from September 9, 2024 was a factor to the next trading day price jump. The trading delta at closing time against the next closing price was 0.20% . The trading delta at closing time against the current closing price is 1.26% . |
JPMorgan USD Emerging Fundamentals Correlations and Trends
By evaluating JPMorgan USD'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 USD'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 USD Etf history
JPMorgan USD 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 USD Emerging 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 USD stock prices may prove useful in developing a viable investing in JPMorgan USD
JPMorgan USD Etf Technical Analysis
JPMorgan USD 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 USD Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
JPMorgan USD Emerging cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA 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 USD November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how JPMorgan USD 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 USD shares will generate the highest return on investment. By undertsting and applying JPMorgan USD etf market strength indicators, traders can identify JPMorgan USD Emerging entry and exit signals to maximize returns
JPMorgan USD Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for JPMorgan USD'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 | (0.07) | |||
Jensen Alpha | (0.04) | |||
Total Risk Alpha | (0.09) | |||
Treynor Ratio | (0.50) |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JPMorgan USD Emerging. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
The market value of JPMorgan USD Emerging 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 USD's value that differs from its market value or its book value, called intrinsic value, which is JPMorgan USD'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 USD's market value can be influenced by many factors that don't directly affect JPMorgan USD'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 USD's value and its price as these two are different measures arrived at by different means. Investors typically determine if JPMorgan USD is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JPMorgan USD'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.