Jpmorgan Hedged Equity Fund Market Value
| JHTGX Fund | USD 19.02 0.14 0.73% |
| Symbol | Jpmorgan |
Jpmorgan Hedged '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 Hedged'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 Hedged.
| 02/04/2025 |
| 03/06/2025 |
If you would invest 0.00 in Jpmorgan Hedged on February 4, 2025 and sell it all today you would earn a total of 0.00 from holding Jpmorgan Hedged Equity or generate 0.0% return on investment in Jpmorgan Hedged over 30 days. Jpmorgan Hedged is related to or competes with Fidelity Flex, Metropolitan West, Transam Short-term, Cmg Ultra, Blackrock Global, and Alpine Ultra. Under normal circumstances, the fund invests at least 80 percent of its assets in equity securities More
Jpmorgan Hedged 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 Hedged'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 Hedged Equity upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0101 | |||
| Maximum Drawdown | 3.01 | |||
| Value At Risk | (1.13) | |||
| Potential Upside | 0.8678 |
Jpmorgan Hedged Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jpmorgan Hedged's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jpmorgan Hedged's standard deviation. In reality, there are many statistical measures that can use Jpmorgan Hedged historical prices to predict the future Jpmorgan Hedged's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0) | |||
| Treynor Ratio | 0.3155 |
Jpmorgan Hedged Equity Backtested Returns
Jpmorgan Hedged Equity holds Efficiency (Sharpe) Ratio of -0.0803, which attests that the entity had a -0.0803 % return per unit of risk over the last 3 months. Jpmorgan Hedged Equity exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Jpmorgan Hedged's Risk Adjusted Performance of (0.06), standard deviation of 0.6634, and Market Risk Adjusted Performance of 0.3255 to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of -0.19, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Jpmorgan Hedged are expected to decrease at a much lower rate. During the bear market, Jpmorgan Hedged is likely to outperform the market.
Auto-correlation | -0.61 |
Very good reverse predictability
Jpmorgan Hedged Equity has very good reverse predictability. Overlapping area represents the amount of predictability between Jpmorgan Hedged time series from 4th of February 2025 to 19th of February 2025 and 19th of February 2025 to 6th of March 2025. 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 Hedged Equity price movement. The serial correlation of -0.61 indicates that roughly 61.0% of current Jpmorgan Hedged price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.61 | |
| Spearman Rank Test | -0.95 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
Jpmorgan Hedged Equity lagged returns against current returns
Autocorrelation, which is Jpmorgan Hedged 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 Hedged's mutual fund expected returns. We can calculate the autocorrelation of Jpmorgan Hedged returns to help us make a trade decision. For example, suppose you find that Jpmorgan Hedged 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 Hedged 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 Hedged mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jpmorgan Hedged 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 Hedged mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Jpmorgan Hedged Lagged Returns
When evaluating Jpmorgan Hedged's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jpmorgan Hedged mutual fund have on its future price. Jpmorgan Hedged 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 Hedged autocorrelation shows the relationship between Jpmorgan Hedged mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Jpmorgan Hedged 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 Hedged 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 Hedged security.
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