JPMorgan Japanese (UK) Market Value
| JFJ Stock | 557.00 3.00 0.54% |
| Symbol | JPMorgan |
JPMorgan Japanese '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 Japanese's stock 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 Japanese.
| 08/28/2024 |
| 11/26/2024 |
If you would invest 0.00 in JPMorgan Japanese on August 28, 2024 and sell it all today you would earn a total of 0.00 from holding JPMorgan Japanese Investment or generate 0.0% return on investment in JPMorgan Japanese over 90 days. JPMorgan Japanese is related to or competes with Catalyst Media, Oncimmune Holdings, Invesco Health, Coor Service, Surgical Science, Mereo BioPharma, and SPDR SP. JPMorgan Japanese is entity of United Kingdom More
JPMorgan Japanese 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 Japanese's stock 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 Japanese Investment upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.09 | |||
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 4.87 | |||
| Value At Risk | (1.83) | |||
| Potential Upside | 2.28 |
JPMorgan Japanese Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for JPMorgan Japanese's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as JPMorgan Japanese's standard deviation. In reality, there are many statistical measures that can use JPMorgan Japanese historical prices to predict the future JPMorgan Japanese's volatility.| Risk Adjusted Performance | 0.0148 | |||
| Jensen Alpha | 0.0194 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | (0.10) | |||
| Treynor Ratio | (0.07) |
JPMorgan Japanese Backtested Returns
At this point, JPMorgan Japanese is very steady. JPMorgan Japanese holds Efficiency (Sharpe) Ratio of 0.0257, which attests that the entity had a 0.0257% return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for JPMorgan Japanese, which you can use to evaluate the volatility of the firm. Please check out JPMorgan Japanese's risk adjusted performance of 0.0148, and Market Risk Adjusted Performance of (0.06) to validate if the risk estimate we provide is consistent with the expected return of 0.0289%. JPMorgan Japanese has a performance score of 2 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.1, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning JPMorgan Japanese are expected to decrease at a much lower rate. During the bear market, JPMorgan Japanese is likely to outperform the market. JPMorgan Japanese currently retains a risk of 1.13%. Please check out JPMorgan Japanese maximum drawdown, semi variance, and the relationship between the sortino ratio and potential upside , to decide if JPMorgan Japanese will be following its current trending patterns.
Auto-correlation | 0.80 |
Very good predictability
JPMorgan Japanese Investment has very good predictability. Overlapping area represents the amount of predictability between JPMorgan Japanese time series from 28th of August 2024 to 12th of October 2024 and 12th of October 2024 to 26th 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 Japanese price movement. The serial correlation of 0.8 indicates that around 80.0% of current JPMorgan Japanese price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.8 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 110.3 |
JPMorgan Japanese lagged returns against current returns
Autocorrelation, which is JPMorgan Japanese stock'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 Japanese's stock expected returns. We can calculate the autocorrelation of JPMorgan Japanese returns to help us make a trade decision. For example, suppose you find that JPMorgan Japanese has exhibited high autocorrelation historically, and you observe that the stock 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 Japanese 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 Japanese stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if JPMorgan Japanese stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in JPMorgan Japanese stock over time.
Current vs Lagged Prices |
| Timeline |
JPMorgan Japanese Lagged Returns
When evaluating JPMorgan Japanese's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of JPMorgan Japanese stock have on its future price. JPMorgan Japanese 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 Japanese autocorrelation shows the relationship between JPMorgan Japanese stock current value and its past values and can show if there is a momentum factor associated with investing in JPMorgan Japanese Investment.
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 Stock
JPMorgan Japanese financial ratios help investors to determine whether JPMorgan Stock 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 Japanese security.