JPM BetaBuilders (UK) Market Value
| JCAG Etf | 92.97 0.10 0.11% |
| Symbol | JPM |
JPM BetaBuilders 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to JPM BetaBuilders' etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of JPM BetaBuilders.
| 06/10/2023 |
| 12/01/2024 |
If you would invest 0.00 in JPM BetaBuilders on June 10, 2023 and sell it all today you would earn a total of 0.00 from holding JPM BetaBuilders China or generate 0.0% return on investment in JPM BetaBuilders over 540 days. JPM BetaBuilders is related to or competes with Leverage Shares, WisdomTree Natural, GraniteShares, Leverage Shares, WisdomTree Natural, Leverage Shares, and WisdomTree Short. JPM BetaBuilders is entity of United Kingdom More
JPM BetaBuilders Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure JPM BetaBuilders' etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess JPM BetaBuilders China upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.63) | |||
| Maximum Drawdown | 1.32 | |||
| Value At Risk | (0.44) | |||
| Potential Upside | 0.3833 |
JPM BetaBuilders Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for JPM BetaBuilders' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as JPM BetaBuilders' standard deviation. In reality, there are many statistical measures that can use JPM BetaBuilders historical prices to predict the future JPM BetaBuilders' volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | 0.3655 |
JPM BetaBuilders China Backtested Returns
JPM BetaBuilders China holds Efficiency (Sharpe) Ratio of -0.0459, which attests that the entity had a -0.0459% return per unit of volatility over the last 3 months. JPM BetaBuilders China exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out JPM BetaBuilders' risk adjusted performance of (0.06), and Market Risk Adjusted Performance of 0.3755 to validate the risk estimate we provide. The etf retains a Market Volatility (i.e., Beta) of -0.0643, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning JPM BetaBuilders are expected to decrease at a much lower rate. During the bear market, JPM BetaBuilders is likely to outperform the market.
Auto-correlation | 0.17 |
Very weak predictability
JPM BetaBuilders China has very weak predictability. Overlapping area represents the amount of predictability between JPM BetaBuilders time series from 10th of June 2023 to 6th of March 2024 and 6th of March 2024 to 1st of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of JPM BetaBuilders China price movement. The serial correlation of 0.17 indicates that over 17.0% of current JPM BetaBuilders price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.17 | |
| Spearman Rank Test | 0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 1.16 |
JPM BetaBuilders China lagged returns against current returns
Autocorrelation, which is JPM BetaBuilders etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting JPM BetaBuilders' etf expected returns. We can calculate the autocorrelation of JPM BetaBuilders returns to help us make a trade decision. For example, suppose you find that JPM BetaBuilders has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
JPM BetaBuilders regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If JPM BetaBuilders etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if JPM BetaBuilders etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in JPM BetaBuilders etf over time.
Current vs Lagged Prices |
| Timeline |
JPM BetaBuilders Lagged Returns
When evaluating JPM BetaBuilders' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of JPM BetaBuilders etf have on its future price. JPM BetaBuilders autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, JPM BetaBuilders autocorrelation shows the relationship between JPM BetaBuilders etf current value and its past values and can show if there is a momentum factor associated with investing in JPM BetaBuilders China.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in JPM Etf
JPM BetaBuilders financial ratios help investors to determine whether JPM Etf 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 JPM with respect to the benefits of owning JPM BetaBuilders security.