Jpmorgan Short Duration Etf Price on September 19, 2024
| JSCP Etf | USD 46.88 0.04 0.09% |
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 Short stands at 46.88, as last reported on the 30th of November, with the highest price reaching 46.91 and the lowest price hitting 46.86 during the day. Currently, JPMorgan Short Duration is very steady. JPMorgan Short Duration holds Efficiency (Sharpe) Ratio of 0.0423, which attests that the entity had a 0.0423% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for JPMorgan Short Duration, which you can use to evaluate the volatility of the entity. Please check out JPMorgan Short's market risk adjusted performance of (0.05), and Risk Adjusted Performance of 0.0018 to validate if the risk estimate we provide is consistent with the expected return of 0.0059%.
JPMorgan Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
JPMorgan |
Sharpe Ratio = 0.0423
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| Negative Returns | JSCP |
Estimated Market Risk
| 0.14 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average JPMorgan Short is performing at about 3% 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 Short by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 11.7 K |
JPMorgan Short Valuation on September 19, 2024
It is possible to determine the worth of JPMorgan Short on a given historical date. On September 19, 2024 JPMorgan was worth 47.15 at the beginning of the trading date compared to the closed value of 47.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of JPMorgan Short etf. Still, in general, we apply an absolute valuation method to find JPMorgan Short'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 Short where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against JPMorgan Short's related companies.
| Open | High | Low | Close | Volume | |
| 47.12 | 47.20 | 47.09 | 47.09 | 32,700 | |
09/19/2024 | 47.15 | 47.20 | 47.12 | 47.20 | 59,000 |
| 47.12 | 47.20 | 47.12 | 47.19 | 26,100 |
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JPMorgan Short Trading Date Momentum on September 19, 2024
| On September 20 2024 JPMorgan Short Duration was traded for 47.19 at the closing time. The top price for the day was 47.20 and the lowest listed price was 47.12 . The trading volume for the day was 26.1 K. The trading history from September 20, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.02% . The trading delta at closing time against the current closing price is 0.06% . |
JPMorgan Short Duration Fundamentals Correlations and Trends
By evaluating JPMorgan Short'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 Short'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 Short Etf history
JPMorgan Short 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 Short Duration 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 Short stock prices may prove useful in developing a viable investing in JPMorgan Short
Under normal conditions, at least 70 percent of the funds net assets must be invested in securities that, at the time of purchase, are rated investment grade by a nationally recognized statistical rating organization or in securities that are unrated but are deemed by the adviser to be of comparable quality. Jpmorgan Short is traded on NYSEARCA Exchange in the United States.
JPMorgan Short Etf Technical Analysis
JPMorgan Short 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 Short Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
JPMorgan Short Duration 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 Short November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how JPMorgan Short 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 Short shares will generate the highest return on investment. By undertsting and applying JPMorgan Short etf market strength indicators, traders can identify JPMorgan Short Duration entry and exit signals to maximize returns
JPMorgan Short Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for JPMorgan Short'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 | 0.0018 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.94) | |||
| Treynor Ratio | (0.06) |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JPMorgan Short Duration. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
The market value of JPMorgan Short Duration 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 Short's value that differs from its market value or its book value, called intrinsic value, which is JPMorgan Short'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 Short's market value can be influenced by many factors that don't directly affect JPMorgan Short'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 Short's value and its price as these two are different measures arrived at by different means. Investors typically determine if JPMorgan Short is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JPMorgan Short'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.