Jpmorgan Managed Income Fund Market Value
| JMGIX Fund | USD 10.02 0.00 0.00% |
| Symbol | Jpmorgan |
Jpmorgan Managed '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 Managed'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 Managed.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Jpmorgan Managed on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Jpmorgan Managed Income or generate 0.0% return on investment in Jpmorgan Managed over 30 days. Jpmorgan Managed is related to or competes with Jpmorgan Smartretirement, Jpmorgan Smartretirement, Jpmorgan Smartretirement, Jpmorgan Smartretirement, Jpmorgan Smartretirement, Jpmorgan Smartretirement, and Jpmorgan Smartretirement. The fund mainly invests in investment grade, U.S More
Jpmorgan Managed 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 Managed'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 Managed Income upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.106 | |||
| Information Ratio | (1.11) | |||
| Maximum Drawdown | 0.5039 | |||
| Value At Risk | (0.10) | |||
| Potential Upside | 0.101 |
Jpmorgan Managed Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jpmorgan Managed's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jpmorgan Managed's standard deviation. In reality, there are many statistical measures that can use Jpmorgan Managed historical prices to predict the future Jpmorgan Managed's volatility.| Risk Adjusted Performance | 0.0738 | |||
| Jensen Alpha | 0.0089 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (1.04) | |||
| Treynor Ratio | (1.60) |
Jpmorgan Managed Income Backtested Returns
At this stage we consider Jpmorgan Mutual Fund to be very steady. Jpmorgan Managed Income holds Efficiency (Sharpe) Ratio of 0.17, which attests that the entity had a 0.17% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Jpmorgan Managed Income, which you can use to evaluate the volatility of the entity. Please check out Jpmorgan Managed's Market Risk Adjusted Performance of (1.59), risk adjusted performance of 0.0738, and Coefficient Of Variation of 543.12 to validate if the risk estimate we provide is consistent with the expected return of 0.0176%. The fund retains a Market Volatility (i.e., Beta) of -0.0052, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Jpmorgan Managed are expected to decrease at a much lower rate. During the bear market, Jpmorgan Managed is likely to outperform the market.
Auto-correlation | 0.00 |
No correlation between past and present
Jpmorgan Managed Income has no correlation between past and present. Overlapping area represents the amount of predictability between Jpmorgan Managed time series from 27th of October 2024 to 11th of November 2024 and 11th of November 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 Managed Income price movement. The serial correlation of 0.0 indicates that just 0.0% of current Jpmorgan Managed price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Jpmorgan Managed Income lagged returns against current returns
Autocorrelation, which is Jpmorgan Managed 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 Managed's mutual fund expected returns. We can calculate the autocorrelation of Jpmorgan Managed returns to help us make a trade decision. For example, suppose you find that Jpmorgan Managed 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 Managed 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 Managed mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jpmorgan Managed 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 Managed mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Jpmorgan Managed Lagged Returns
When evaluating Jpmorgan Managed's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jpmorgan Managed mutual fund have on its future price. Jpmorgan Managed 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 Managed autocorrelation shows the relationship between Jpmorgan Managed mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Jpmorgan Managed Income.
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 Managed 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 Managed security.
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data |