Jpmorgan Research Equity Fund Market Value
| JEPCX Fund | USD 15.03 0.03 0.20% |
| Symbol | Jpmorgan |
Jpmorgan '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'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.
| 09/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Jpmorgan on September 28, 2024 and sell it all today you would earn a total of 0.00 from holding Jpmorgan Research Equity or generate 0.0% return on investment in Jpmorgan over 60 days. Jpmorgan is related to or competes with Pgim Conservative, Lord Abbett, Adams Diversified, Massmutual Premier, and Prudential Core. The investment objective of the fund is to seek current income while maintaining prospects for capital appreciation More
Jpmorgan 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'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 Research Equity upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.3648 | |||
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 1.96 | |||
| Value At Risk | (0.61) | |||
| Potential Upside | 0.8242 |
Jpmorgan Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jpmorgan's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jpmorgan's standard deviation. In reality, there are many statistical measures that can use Jpmorgan historical prices to predict the future Jpmorgan's volatility.| Risk Adjusted Performance | 0.1536 | |||
| Jensen Alpha | 0.023 | |||
| Total Risk Alpha | 0.0124 | |||
| Sortino Ratio | (0.12) | |||
| Treynor Ratio | 0.1716 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Jpmorgan's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Jpmorgan Research Equity Backtested Returns
At this stage we consider Jpmorgan Mutual Fund to be very steady. Jpmorgan Research Equity holds Efficiency (Sharpe) Ratio of 0.2, which attests that the entity had a 0.2% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Jpmorgan Research Equity, which you can use to evaluate the volatility of the entity. Please check out Jpmorgan's Market Risk Adjusted Performance of 0.1816, downside deviation of 0.3648, and Risk Adjusted Performance of 0.1536 to validate if the risk estimate we provide is consistent with the expected return of 0.0841%. The fund retains a Market Volatility (i.e., Beta) of 0.45, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Jpmorgan's returns are expected to increase less than the market. However, during the bear market, the loss of holding Jpmorgan is expected to be smaller as well.
Auto-correlation | 0.39 |
Below average predictability
Jpmorgan Research Equity has below average predictability. Overlapping area represents the amount of predictability between Jpmorgan time series from 28th of September 2024 to 28th of October 2024 and 28th of October 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 Research Equity price movement. The serial correlation of 0.39 indicates that just about 39.0% of current Jpmorgan price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Jpmorgan Research Equity lagged returns against current returns
Autocorrelation, which is Jpmorgan 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's mutual fund expected returns. We can calculate the autocorrelation of Jpmorgan returns to help us make a trade decision. For example, suppose you find that Jpmorgan 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 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 mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jpmorgan 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 mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Jpmorgan Lagged Returns
When evaluating Jpmorgan's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jpmorgan mutual fund have on its future price. Jpmorgan 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 autocorrelation shows the relationship between Jpmorgan mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Jpmorgan Research Equity.
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 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 security.
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