JPMF Global (Germany) Market Value
| JP5B Fund | EUR 12.90 0.24 1.83% |
| Symbol | JPMF |
Please note, there is a significant difference between JPMF Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if JPMF Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JPMF Global'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.
JPMF Global '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 JPMF Global's 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 JPMF Global.
| 11/19/2023 |
| 12/13/2024 |
If you would invest 0.00 in JPMF Global on November 19, 2023 and sell it all today you would earn a total of 0.00 from holding JPMF Global Natural or generate 0.0% return on investment in JPMF Global over 390 days. JPMF Global is related to or competes with Groupama Entreprises, Renaissance Europe, Superior Plus, Origin Agritech, Identiv, INTUITIVE SURGICAL, and Intel. More
JPMF Global 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 JPMF Global's 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 JPMF Global Natural upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.15 | |||
| Information Ratio | 0.0022 | |||
| Maximum Drawdown | 6.56 | |||
| Value At Risk | (1.94) | |||
| Potential Upside | 1.76 |
JPMF Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for JPMF Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as JPMF Global's standard deviation. In reality, there are many statistical measures that can use JPMF Global historical prices to predict the future JPMF Global's volatility.| Risk Adjusted Performance | 0.0743 | |||
| Jensen Alpha | 0.0776 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0023 | |||
| Treynor Ratio | 0.3963 |
JPMF Global Natural Backtested Returns
At this point, JPMF Global is very steady. JPMF Global Natural holds Efficiency (Sharpe) Ratio of 0.0936, which attests that the entity had a 0.0936% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for JPMF Global Natural, which you can use to evaluate the volatility of the entity. Please check out JPMF Global's market risk adjusted performance of 0.4063, and Risk Adjusted Performance of 0.0743 to validate if the risk estimate we provide is consistent with the expected return of 0.11%. The fund retains a Market Volatility (i.e., Beta) of 0.26, which attests to not very significant fluctuations relative to the market. As returns on the market increase, JPMF Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding JPMF Global is expected to be smaller as well.
Auto-correlation | -0.46 |
Modest reverse predictability
JPMF Global Natural has modest reverse predictability. Overlapping area represents the amount of predictability between JPMF Global time series from 19th of November 2023 to 1st of June 2024 and 1st of June 2024 to 13th of December 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 JPMF Global Natural price movement. The serial correlation of -0.46 indicates that about 46.0% of current JPMF Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.46 | |
| Spearman Rank Test | -0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 0.14 |
JPMF Global Natural lagged returns against current returns
Autocorrelation, which is JPMF Global 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 JPMF Global's fund expected returns. We can calculate the autocorrelation of JPMF Global returns to help us make a trade decision. For example, suppose you find that JPMF Global has exhibited high autocorrelation historically, and you observe that the 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 |
JPMF Global 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 JPMF Global fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if JPMF Global fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in JPMF Global fund over time.
Current vs Lagged Prices |
| Timeline |
JPMF Global Lagged Returns
When evaluating JPMF Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of JPMF Global fund have on its future price. JPMF Global 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, JPMF Global autocorrelation shows the relationship between JPMF Global fund current value and its past values and can show if there is a momentum factor associated with investing in JPMF Global Natural.
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 JPMF Fund
JPMF Global financial ratios help investors to determine whether JPMF 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 JPMF with respect to the benefits of owning JPMF Global security.
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