Jpmorgan Healthcare Leaders Etf Performance
| JDOC Etf | 54.17 0.20 0.37% |
The etf retains a Market Volatility (i.e., Beta) of 0.43, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, JPMorgan Healthcare's returns are expected to increase less than the market. However, during the bear market, the loss of holding JPMorgan Healthcare is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days JPMorgan Healthcare Leaders has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound basic indicators, JPMorgan Healthcare is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
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JPMorgan |
JPMorgan Healthcare Relative Risk vs. Return Landscape
If you would invest 5,430 in JPMorgan Healthcare Leaders on November 27, 2024 and sell it today you would lose (12.70) from holding JPMorgan Healthcare Leaders or give up 0.23% of portfolio value over 90 days. JPMorgan Healthcare Leaders is currently does not generate positive expected returns and assumes 0.7678% risk (volatility on return distribution) over the 90 days horizon. In different words, 6% of etfs are less volatile than JPMorgan, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
JPMorgan Healthcare Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for JPMorgan Healthcare's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as JPMorgan Healthcare Leaders, and traders can use it to determine the average amount a JPMorgan Healthcare's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0015
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| Negative Returns | JDOC |
Estimated Market Risk
| 0.77 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average JPMorgan Healthcare 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 Healthcare by adding JPMorgan Healthcare to a well-diversified portfolio.
About JPMorgan Healthcare Performance
By analyzing JPMorgan Healthcare's fundamental ratios, stakeholders can gain valuable insights into JPMorgan Healthcare's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if JPMorgan Healthcare has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if JPMorgan Healthcare has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
JPMorgan Healthcare is entity of United States. It is traded as Etf on NASDAQ exchange.| JPMorgan Healthcare generated a negative expected return over the last 90 days | |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JPMorgan Healthcare Leaders. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
The market value of JPMorgan Healthcare 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 Healthcare's value that differs from its market value or its book value, called intrinsic value, which is JPMorgan Healthcare'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 Healthcare's market value can be influenced by many factors that don't directly affect JPMorgan Healthcare'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 Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if JPMorgan Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JPMorgan Healthcare'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.