Jpmorgan International Bond Etf Market Value
| JPIB Etf | USD 47.72 0.06 0.13% |
| Symbol | JPMorgan |
The market value of JPMorgan International is measured differently than its book value, which is the value of JPMorgan that is recorded on the company's balance sheet. Investors also form their own opinion of JPMorgan International's value that differs from its market value or its book value, called intrinsic value, which is JPMorgan International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because JPMorgan International's market value can be influenced by many factors that don't directly affect JPMorgan International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between JPMorgan International's value and its price as these two are different measures arrived at by different means. Investors typically determine if JPMorgan International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JPMorgan International'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 International '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 International'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 International.
| 05/05/2023 |
| 11/25/2024 |
If you would invest 0.00 in JPMorgan International on May 5, 2023 and sell it all today you would earn a total of 0.00 from holding JPMorgan International Bond or generate 0.0% return on investment in JPMorgan International over 570 days. JPMorgan International is related to or competes with JPMorgan USD, JPMorgan Ultra, JPMorgan Core, American Century, and Janus Henderson. Under normal circumstances, the fund will invest at least 80 percent of its assets in bonds More
JPMorgan International 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 International'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 International Bond upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.185 | |||
| Information Ratio | (0.77) | |||
| Maximum Drawdown | 0.7743 | |||
| Value At Risk | (0.27) | |||
| Potential Upside | 0.2308 |
JPMorgan International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for JPMorgan International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as JPMorgan International's standard deviation. In reality, there are many statistical measures that can use JPMorgan International historical prices to predict the future JPMorgan International's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.67) | |||
| Treynor Ratio | (0.06) |
JPMorgan International Backtested Returns
At this point, JPMorgan International is very steady. JPMorgan International holds Efficiency (Sharpe) Ratio of 0.0091, which attests that the entity had a 0.0091% return per unit of volatility over the last 3 months. We have found thirty technical indicators for JPMorgan International, which you can use to evaluate the volatility of the entity. Please check out JPMorgan International's risk adjusted performance of (0.01), and Market Risk Adjusted Performance of (0.05) to validate if the risk estimate we provide is consistent with the expected return of 0.0014%. The etf retains a Market Volatility (i.e., Beta) of 0.0518, which attests to not very significant fluctuations relative to the market. As returns on the market increase, JPMorgan International's returns are expected to increase less than the market. However, during the bear market, the loss of holding JPMorgan International is expected to be smaller as well.
Auto-correlation | 0.66 |
Good predictability
JPMorgan International Bond has good predictability. Overlapping area represents the amount of predictability between JPMorgan International time series from 5th of May 2023 to 14th of February 2024 and 14th of February 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 International price movement. The serial correlation of 0.66 indicates that around 66.0% of current JPMorgan International price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.66 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.73 |
JPMorgan International lagged returns against current returns
Autocorrelation, which is JPMorgan International etf'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 International's etf expected returns. We can calculate the autocorrelation of JPMorgan International returns to help us make a trade decision. For example, suppose you find that JPMorgan International has exhibited high autocorrelation historically, and you observe that the etf 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 International 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 International etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if JPMorgan International etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in JPMorgan International etf over time.
Current vs Lagged Prices |
| Timeline |
JPMorgan International Lagged Returns
When evaluating JPMorgan International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of JPMorgan International etf have on its future price. JPMorgan International 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 International autocorrelation shows the relationship between JPMorgan International etf current value and its past values and can show if there is a momentum factor associated with investing in JPMorgan International Bond.
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.When determining whether JPMorgan International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of JPMorgan International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Jpmorgan International Bond Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Jpmorgan International Bond Etf:Check out JPMorgan International Correlation, JPMorgan International Volatility and JPMorgan International Alpha and Beta module to complement your research on JPMorgan International. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
JPMorgan International 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.