Jpmorgan High Yield Fund Price on November 22, 2024
OHYAX Fund | USD 6.54 0.01 0.15% |
Below is the normalized historical share price chart for Jpmorgan High Yield extending back to July 22, 1999. 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 High stands at 6.54, as last reported on the 30th of November, with the highest price reaching 6.54 and the lowest price hitting 6.54 during the day.
If you're considering investing in Jpmorgan Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Jpmorgan Mutual Fund to be very steady. Jpmorgan High Yield holds Efficiency (Sharpe) Ratio of 0.23, which attests that the entity had a 0.23% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Jpmorgan High Yield, which you can use to evaluate the volatility of the entity. Please check out Jpmorgan High's Coefficient Of Variation of 444.25, risk adjusted performance of 0.1333, and Market Risk Adjusted Performance of 0.4075 to validate if the risk estimate we provide is consistent with the expected return of 0.0364%.
Jpmorgan Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Jpmorgan |
Sharpe Ratio = 0.2323
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Estimated Market Risk
0.16 actual daily | 1 99% of assets are more volatile |
Expected Return
0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.23 actual daily | 18 82% of assets perform better |
Based on monthly moving average Jpmorgan High is performing at about 18% 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 High by adding it to a well-diversified portfolio.
Jpmorgan High Valuation on November 22, 2024
It is possible to determine the worth of Jpmorgan High on a given historical date. On November 22, 2024 Jpmorgan was worth 6.54 at the beginning of the trading date compared to the closed value of 6.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Jpmorgan High mutual fund. Still, in general, we apply an absolute valuation method to find Jpmorgan High'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 High where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Jpmorgan High's related companies.
Open | High | Low | Close | Volume | |
6.54 | 6.54 | 6.54 | 6.54 | 1.00 | |
11/22/2024 | 6.54 | 6.54 | 6.54 | 6.54 | 1.00 |
6.56 | 6.56 | 6.56 | 6.56 | 1.00 |
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Jpmorgan High Trading Date Momentum on November 22, 2024
On November 25 2024 Jpmorgan High Yield was traded for 6.56 at the closing time. The highest daily price throughout the period was 6.56 and the lowest price was 6.56 . There was no trading activity during the period 1.0. Lack of trading volume on 11/25/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.31% . The trading delta at closing time to current closing price is 0.00% . |
Jpmorgan High Yield Fundamentals Correlations and Trends
By evaluating Jpmorgan High'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 High'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 High Mutual Fund history
Jpmorgan High 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 High Yield 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 High stock prices may prove useful in developing a viable investing in Jpmorgan High
The fund normally invests at least 80 percent of its assets in bonds, other debt securities, loan assignments and participations , commitments to purchase loan assignments and preferred stocks that are rated below investment grade or unrated. It may invest no more than 30 percent of its net assets in Loans and Unfunded Commitments. The funds average weighted maturity ordinarily will range between three and ten years.
Jpmorgan High Mutual Fund Technical Analysis
Jpmorgan High technical mutual fund 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, fund market cycles, or different charting patterns.
Price Boundaries
Jpmorgan High Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Jpmorgan High Yield cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS 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 High November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Jpmorgan High mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Jpmorgan High shares will generate the highest return on investment. By undertsting and applying Jpmorgan High mutual fund market strength indicators, traders can identify Jpmorgan High Yield entry and exit signals to maximize returns
Jpmorgan High Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Jpmorgan High's price direction in advance. Along with the technical and fundamental analysis of Jpmorgan Mutual Fund 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 | 0.1333 | |||
Jensen Alpha | 0.0172 | |||
Total Risk Alpha | (0.0009) | |||
Sortino Ratio | (0.39) | |||
Treynor Ratio | 0.3975 |
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Other Information on Investing in Jpmorgan Mutual Fund
Jpmorgan High financial ratios help investors to determine whether Jpmorgan Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Jpmorgan with respect to the benefits of owning Jpmorgan High security.
Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing |