Jpmorgan Ultra Short Municipal Etf Market Value
| JMST Etf | USD 51.01 0.12 0.23% |
| Symbol | JPMorgan |
Investors evaluate JPMorgan Ultra Short using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating JPMorgan Ultra's intrinsic value—the estimated true worth—helps identify when the stock trades at a discount or premium to fair value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. External factors like market trends, sector rotation, and investor psychology can cause JPMorgan Ultra's market price to deviate significantly from intrinsic value.
Understanding that JPMorgan Ultra's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether JPMorgan Ultra represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Conversely, JPMorgan Ultra's market price signifies the transaction level at which participants voluntarily complete trades.
JPMorgan Ultra '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 Ultra's etf 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 Ultra.
| 11/04/2025 |
| 02/02/2026 |
If you would invest 0.00 in JPMorgan Ultra on November 4, 2025 and sell it all today you would earn a total of 0.00 from holding JPMorgan Ultra Short Municipal or generate 0.0% return on investment in JPMorgan Ultra over 90 days. JPMorgan Ultra is related to or competes with Capital Group, Amplify CWP, Fidelity Strategic, Fidelity Strategic, JP Morgan, JP Morgan, and SHP ETF. Under normal circumstances, the fund invests at least 80 percent of its assets in municipal securities, the income from ... More
JPMorgan Ultra 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 Ultra's etf 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 Ultra Short Municipal upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.076 | |||
| Information Ratio | (1.01) | |||
| Maximum Drawdown | 0.1767 | |||
| Value At Risk | (0.02) | |||
| Potential Upside | 0.0592 |
JPMorgan Ultra Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for JPMorgan Ultra's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as JPMorgan Ultra's standard deviation. In reality, there are many statistical measures that can use JPMorgan Ultra historical prices to predict the future JPMorgan Ultra's volatility.| Risk Adjusted Performance | 0.0372 | |||
| Jensen Alpha | 0.0012 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | (0.58) | |||
| Treynor Ratio | 0.1725 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of JPMorgan Ultra'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 Ultra February 2, 2026 Technical Indicators
| Cycle Indicators | ||
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| Math Transform | ||
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| Volume Indicators |
| Risk Adjusted Performance | 0.0372 | |||
| Market Risk Adjusted Performance | 0.1825 | |||
| Mean Deviation | 0.027 | |||
| Downside Deviation | 0.076 | |||
| Coefficient Of Variation | 376.36 | |||
| Standard Deviation | 0.0437 | |||
| Variance | 0.0019 | |||
| Information Ratio | (1.01) | |||
| Jensen Alpha | 0.0012 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | (0.58) | |||
| Treynor Ratio | 0.1725 | |||
| Maximum Drawdown | 0.1767 | |||
| Value At Risk | (0.02) | |||
| Potential Upside | 0.0592 | |||
| Downside Variance | 0.0058 | |||
| Semi Variance | (0.01) | |||
| Expected Short fall | (0.04) | |||
| Skewness | (2.77) | |||
| Kurtosis | 16.51 |
JPMorgan Ultra Short Backtested Returns
Currently, JPMorgan Ultra Short Municipal is very steady. JPMorgan Ultra Short holds Efficiency (Sharpe) Ratio of 0.27, which attests that the entity had a 0.27 % return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for JPMorgan Ultra Short, which you can use to evaluate the volatility of the entity. Please check out JPMorgan Ultra's market risk adjusted performance of 0.1825, and Risk Adjusted Performance of 0.0372 to validate if the risk estimate we provide is consistent with the expected return of 0.0116%. The etf retains a Market Volatility (i.e., Beta) of 0.0094, which attests to not very significant fluctuations relative to the market. As returns on the market increase, JPMorgan Ultra's returns are expected to increase less than the market. However, during the bear market, the loss of holding JPMorgan Ultra is expected to be smaller as well.
Auto-correlation | 0.92 |
Excellent predictability
JPMorgan Ultra Short Municipal has excellent predictability. Overlapping area represents the amount of predictability between JPMorgan Ultra time series from 4th of November 2025 to 19th of December 2025 and 19th of December 2025 to 2nd of February 2026. 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 Ultra Short price movement. The serial correlation of 0.92 indicates that approximately 92.0% of current JPMorgan Ultra price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.92 | |
| Spearman Rank Test | 0.91 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Thematic Opportunities
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Check out JPMorgan Ultra Correlation, JPMorgan Ultra Volatility and JPMorgan Ultra Performance module to complement your research on JPMorgan Ultra. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
JPMorgan Ultra technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.