Jpmorgan Chase Co Stock Cash Per Share
| JPM Stock | 33.32 0.21 0.63% |
JPMorgan Chase Co fundamentals help investors to digest information that contributes to JPMorgan Chase's financial success or failures. It also enables traders to predict the movement of JPMorgan Stock. The fundamental analysis module provides a way to measure JPMorgan Chase's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to JPMorgan Chase stock.
JPMorgan |
JPMorgan Chase Co Company Cash Per Share Analysis
JPMorgan Chase's Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
| Competition |
In accordance with the recently published financial statements, JPMorgan Chase Co has a Cash Per Share of 0.0 times. This is 100.0% lower than that of the Banks sector and about the same as Financials (which currently averages 0.0) industry. The cash per share for all Canada stocks is 100.0% higher than that of the company.
JPMorgan Cash Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses JPMorgan Chase's direct or indirect competition against its Cash Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of JPMorgan Chase could also be used in its relative valuation, which is a method of valuing JPMorgan Chase by comparing valuation metrics of similar companies.JPMorgan Chase is currently under evaluation in cash per share category among its peers.
JPMorgan Fundamentals
| Return On Equity | 0.16 | ||||
| Return On Asset | 0.0133 | ||||
| Profit Margin | 0.33 % | ||||
| Operating Margin | 0.44 % | ||||
| Current Valuation | (379.98 B) | ||||
| Shares Outstanding | 28.96 B | ||||
| Price To Book | 2.12 X | ||||
| Price To Sales | 5.94 X | ||||
| Revenue | 154.95 B | ||||
| Gross Profit | 122.31 B | ||||
| Net Income | 49.55 B | ||||
| Total Debt | 44.71 B | ||||
| Book Value Per Share | 115.15 X | ||||
| Cash Flow From Operations | 53.97 B | ||||
| Earnings Per Share | 2.44 X | ||||
| Price To Earnings To Growth | 4.85 X | ||||
| Number Of Employees | 316.04 K | ||||
| Beta | 1.09 | ||||
| Market Capitalization | 962.94 B | ||||
| Total Asset | 3.88 T | ||||
| Retained Earnings | 332.9 B | ||||
| Annual Yield | 0.02 % | ||||
| Net Asset | 3.88 T | ||||
| Last Dividend Paid | 4.6 |
About JPMorgan Chase Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze JPMorgan Chase Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of JPMorgan Chase using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of JPMorgan Chase Co based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with JPMorgan Chase
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if JPMorgan Chase position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in JPMorgan Chase will appreciate offsetting losses from the drop in the long position's value.Moving together with JPMorgan Stock
Moving against JPMorgan Stock
The ability to find closely correlated positions to JPMorgan Chase could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace JPMorgan Chase when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back JPMorgan Chase - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling JPMorgan Chase Co to buy it.
The correlation of JPMorgan Chase is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as JPMorgan Chase moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if JPMorgan Chase moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for JPMorgan Chase can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JPMorgan Chase Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the CEOs Directory module to screen CEOs from public companies around the world.