Jpmorgan E Bond Fund Market Value
| JCBRX Fund | USD 10.24 0.03 0.29% |
| Symbol | Jpmorgan |
Jpmorgan E '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 Jpmorgan E's mutual fund 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 Jpmorgan E.
| 05/31/2024 |
| 11/27/2024 |
If you would invest 0.00 in Jpmorgan E on May 31, 2024 and sell it all today you would earn a total of 0.00 from holding Jpmorgan E Bond or generate 0.0% return on investment in Jpmorgan E over 180 days. Jpmorgan E is related to or competes with Jpmorgan Small, Jpmorgan Growth, Jpmorgan Mid, Jpmorgan Value, Jpmorgan Government, and Jpmorgan Income. The fund is designed to maximize total return by investing in a portfolio of investment grade intermediate- and long-ter... More
Jpmorgan E 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 Jpmorgan E's mutual fund 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 Jpmorgan E Bond upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.49) | |||
| Maximum Drawdown | 1.28 | |||
| Value At Risk | (0.59) | |||
| Potential Upside | 0.4845 |
Jpmorgan E Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jpmorgan E's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jpmorgan E's standard deviation. In reality, there are many statistical measures that can use Jpmorgan E historical prices to predict the future Jpmorgan E's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | 0.5327 |
Jpmorgan E Bond Backtested Returns
Jpmorgan E Bond holds Efficiency (Sharpe) Ratio of -0.051, which attests that the entity had a -0.051% return per unit of risk over the last 3 months. Jpmorgan E Bond exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Jpmorgan E's Market Risk Adjusted Performance of 0.5427, standard deviation of 0.3104, and Risk Adjusted Performance of (0.07) to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of -0.0621, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Jpmorgan E are expected to decrease at a much lower rate. During the bear market, Jpmorgan E is likely to outperform the market.
Auto-correlation | -0.84 |
Excellent reverse predictability
Jpmorgan E Bond has excellent reverse predictability. Overlapping area represents the amount of predictability between Jpmorgan E time series from 31st of May 2024 to 29th of August 2024 and 29th of August 2024 to 27th of November 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 Jpmorgan E Bond price movement. The serial correlation of -0.84 indicates that around 84.0% of current Jpmorgan E price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.84 | |
| Spearman Rank Test | -0.82 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Jpmorgan E Bond lagged returns against current returns
Autocorrelation, which is Jpmorgan E mutual fund'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 Jpmorgan E's mutual fund expected returns. We can calculate the autocorrelation of Jpmorgan E returns to help us make a trade decision. For example, suppose you find that Jpmorgan E has exhibited high autocorrelation historically, and you observe that the mutual fund 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 |
Jpmorgan E 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 Jpmorgan E mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jpmorgan E mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jpmorgan E mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Jpmorgan E Lagged Returns
When evaluating Jpmorgan E's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jpmorgan E mutual fund have on its future price. Jpmorgan E 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, Jpmorgan E autocorrelation shows the relationship between Jpmorgan E mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Jpmorgan E Bond.
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 Jpmorgan Mutual Fund
Jpmorgan E 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 E security.
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