ETF -
JDOC Etf | 57.49 0.26 0.45% |
About 54% of JPMorgan Healthcare's investor base is interested to short. The current sentiment regarding investing in JPMorgan Healthcare Leaders etf implies that many traders are impartial. The current market sentiment, together with JPMorgan Healthcare's historical and current headlines, can help investors time the market. In addition, many technical investors use JPMorgan Healthcare etf news signals to limit their universe of possible portfolio assets.
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JPMorgan Healthcare Fundamental Analysis
We analyze JPMorgan Healthcare's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of JPMorgan Healthcare using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of JPMorgan Healthcare based on its fundamental data. In general, a quantitative approach, as applied to this etf, 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.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
JPMorgan Healthcare is currently under evaluation in probability of bankruptcy as compared to similar ETFs. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
JPMorgan Healthcare Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with JPMorgan Healthcare etf to make a market-neutral strategy. Peer analysis of JPMorgan Healthcare could also be used in its relative valuation, which is a method of valuing JPMorgan Healthcare by comparing valuation metrics with similar companies.
Peers
JPMorgan Healthcare Related Equities
MDST | Ultimus Managers | 1.37 | ||||
MGNR | American Beacon | 0.93 | ||||
MISL | First Trust | 0.90 | ||||
MDEV | First Trust | 0.33 | ||||
DRLL | EA Series | 0.26 | ||||
MEDX | Horizon Kinetics | 0.21 | ||||
MEDI | Harbor Health | 0.07 | ||||
DRIP | Direxion Daily | 0.43 | ||||
DPST | Direxion Daily | 1.11 |
Check out JPMorgan Healthcare Hype Analysis, JPMorgan Healthcare Correlation and JPMorgan Healthcare Performance. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
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.