Jpmorgan Quality Factor Etf Price on July 19, 2024
| JQUA Etf | USD 59.52 0.18 0.30% |
Below is the normalized historical share price chart for JPMorgan Quality Factor extending back to November 09, 2017. 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 Quality stands at 59.52, as last reported on the 27th of November, with the highest price reaching 59.76 and the lowest price hitting 59.40 during the day.
If you're considering investing in JPMorgan Etf, it is important to understand the factors that can impact its price. At this point, JPMorgan Quality is very steady. JPMorgan Quality Factor holds Efficiency (Sharpe) Ratio of 0.17, which attests that the entity had a 0.17% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for JPMorgan Quality Factor, which you can use to evaluate the volatility of the entity. Please check out JPMorgan Quality's market risk adjusted performance of 0.158, and Risk Adjusted Performance of 0.1381 to validate if the risk estimate we provide is consistent with the expected return of 0.12%.
JPMorgan Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 16.28 | 200 Day MA 53.7158 | 1 y Volatility 11.69 | 50 Day MA 57.124 | Inception Date 2017-11-08 |
JPMorgan |
Sharpe Ratio = 0.1744
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Estimated Market Risk
| 0.7 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average JPMorgan Quality is performing at about 13% 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 Quality by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 103.5 K |
JPMorgan Quality Valuation on July 19, 2024
It is possible to determine the worth of JPMorgan Quality on a given historical date. On July 19, 2024 JPMorgan was worth 53.59 at the beginning of the trading date compared to the closed value of 53.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of JPMorgan Quality etf. Still, in general, we apply an absolute valuation method to find JPMorgan Quality'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 Quality where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against JPMorgan Quality's related companies.
| Open | High | Low | Close | Volume | |
| 54.07 | 54.30 | 53.44 | 53.63 | 360,201 | |
07/19/2024 | 53.59 | 53.67 | 53.14 | 53.23 | 339,343 |
| 53.55 | 53.79 | 53.31 | 53.79 | 430,760 |
| Backtest JPMorgan Quality | | | JPMorgan Quality History | | | JPMorgan Quality Valuation | Previous | Next |
JPMorgan Quality Trading Date Momentum on July 19, 2024
| On July 22 2024 JPMorgan Quality Factor was traded for 53.79 at the closing time. The top price for the day was 53.79 and the lowest listed price was 53.31 . The trading volume for the day was 430.8 K. The trading history from July 22, 2024 was a factor to the next trading day price jump. The trading delta at closing time against the next closing price was 1.05% . The trading delta at closing time against the current closing price is 0.64% . |
JPMorgan Quality Factor Fundamentals Correlations and Trends
By evaluating JPMorgan Quality'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 Quality'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 Quality Etf history
JPMorgan Quality 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 Quality Factor 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 Quality stock prices may prove useful in developing a viable investing in JPMorgan Quality
JPMorgan Quality Etf Technical Analysis
JPMorgan Quality 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 Quality Period Price Range
Low | November 27, 2024
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0.00 | 0.00 |
JPMorgan Quality Factor 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 Quality November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how JPMorgan Quality 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 Quality shares will generate the highest return on investment. By undertsting and applying JPMorgan Quality etf market strength indicators, traders can identify JPMorgan Quality Factor entry and exit signals to maximize returns
JPMorgan Quality Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for JPMorgan Quality'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 | 0.1381 | |||
| Jensen Alpha | 0.0216 | |||
| Total Risk Alpha | 0.0069 | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.148 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JPMorgan Quality Factor. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in employment. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
The market value of JPMorgan Quality Factor 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 Quality's value that differs from its market value or its book value, called intrinsic value, which is JPMorgan Quality'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 Quality's market value can be influenced by many factors that don't directly affect JPMorgan Quality'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 Quality's value and its price as these two are different measures arrived at by different means. Investors typically determine if JPMorgan Quality is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JPMorgan Quality'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.