Jpmorgan Large Cap Fund Market Value

JLVMX Fund  USD 23.52  0.26  1.12%   
Jpmorgan Large's market value is the price at which a share of Jpmorgan Large trades on a public exchange. It measures the collective expectations of Jpmorgan Large Cap investors about its performance. Jpmorgan Large is trading at 23.52 as of the 25th of November 2024; that is 1.12% up since the beginning of the trading day. The fund's open price was 23.26.
With this module, you can estimate the performance of a buy and hold strategy of Jpmorgan Large Cap and determine expected loss or profit from investing in Jpmorgan Large over a given investment horizon. Check out Jpmorgan Large Correlation, Jpmorgan Large Volatility and Jpmorgan Large Alpha and Beta module to complement your research on Jpmorgan Large.
Symbol

Please note, there is a significant difference between Jpmorgan Large's value and its price as these two are different measures arrived at by different means. Investors typically determine if Jpmorgan Large is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jpmorgan Large's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Jpmorgan Large '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 Large'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 Large.
0.00
10/26/2024
No Change 0.00  0.0 
In 31 days
11/25/2024
0.00
If you would invest  0.00  in Jpmorgan Large on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Jpmorgan Large Cap or generate 0.0% return on investment in Jpmorgan Large over 30 days. Jpmorgan Large is related to or competes with Jpmorgan Smartretirement, Jpmorgan Smartretirement, Jpmorgan Smartretirement, Jpmorgan Smartretirement, Jpmorgan Smartretirement, Jpmorgan Smartretirement, and Jpmorgan Smartretirement. Under normal circumstances, at least 80 percent of the funds assets will be invested in equity securities of large compa... More

Jpmorgan Large 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 Large'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 Large Cap upside and downside potential and time the market with a certain degree of confidence.

Jpmorgan Large Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Jpmorgan Large's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jpmorgan Large's standard deviation. In reality, there are many statistical measures that can use Jpmorgan Large historical prices to predict the future Jpmorgan Large's volatility.
Hype
Prediction
LowEstimatedHigh
22.5123.2624.01
Details
Intrinsic
Valuation
LowRealHigh
20.9324.9625.71
Details
Naive
Forecast
LowNextHigh
22.4023.1523.90
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
22.3822.8423.30
Details

Jpmorgan Large Cap Backtested Returns

At this stage we consider Jpmorgan Mutual Fund to be very steady. Jpmorgan Large Cap holds Efficiency (Sharpe) Ratio of 0.22, which attests that the entity had a 0.22% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Jpmorgan Large Cap, which you can use to evaluate the volatility of the entity. Please check out Jpmorgan Large's Market Risk Adjusted Performance of 0.1934, downside deviation of 0.5665, and Risk Adjusted Performance of 0.1811 to validate if the risk estimate we provide is consistent with the expected return of 0.16%. The fund retains a Market Volatility (i.e., Beta) of 0.92, which attests to possible diversification benefits within a given portfolio. Jpmorgan Large returns are very sensitive to returns on the market. As the market goes up or down, Jpmorgan Large is expected to follow.

Auto-correlation

    
  0.79  

Good predictability

Jpmorgan Large Cap has good predictability. Overlapping area represents the amount of predictability between Jpmorgan Large time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Large Cap price movement. The serial correlation of 0.79 indicates that around 79.0% of current Jpmorgan Large price fluctuation can be explain by its past prices.
Correlation Coefficient0.79
Spearman Rank Test0.32
Residual Average0.0
Price Variance0.08

Jpmorgan Large Cap lagged returns against current returns

Autocorrelation, which is Jpmorgan Large 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 Large's mutual fund expected returns. We can calculate the autocorrelation of Jpmorgan Large returns to help us make a trade decision. For example, suppose you find that Jpmorgan Large 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 Large 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 Large mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jpmorgan Large 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 Large mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Jpmorgan Large Lagged Returns

When evaluating Jpmorgan Large's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jpmorgan Large mutual fund have on its future price. Jpmorgan Large 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 Large autocorrelation shows the relationship between Jpmorgan Large mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Jpmorgan Large Cap.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Jpmorgan Mutual Fund

Jpmorgan Large 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 Large security.
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