JPMorgan Ireland (UK) Market Value
| JPTS Etf | 80.08 0.07 0.09% |
| Symbol | JPMorgan |
JPMorgan Ireland '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 Ireland'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 Ireland.
| 01/27/2025 |
| 02/26/2025 |
If you would invest 0.00 in JPMorgan Ireland on January 27, 2025 and sell it all today you would earn a total of 0.00 from holding JPMorgan Ireland ICAV or generate 0.0% return on investment in JPMorgan Ireland over 30 days. JPMorgan Ireland is related to or competes with JPMorgan ETFs, JPMorgan ETFs, JPMorgan ETFs, JPMorgan ETFs, JPMorgan ETFs, and JPMorgan ETFs. JPMorgan Ireland is entity of United Kingdom More
JPMorgan Ireland 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 Ireland'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 Ireland ICAV upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4771 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 2.69 | |||
| Value At Risk | (0.89) | |||
| Potential Upside | 0.8011 |
JPMorgan Ireland Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for JPMorgan Ireland's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as JPMorgan Ireland's standard deviation. In reality, there are many statistical measures that can use JPMorgan Ireland historical prices to predict the future JPMorgan Ireland's volatility.| Risk Adjusted Performance | 0.0063 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0365 |
JPMorgan Ireland ICAV Backtested Returns
Currently, JPMorgan Ireland ICAV is very steady. JPMorgan Ireland ICAV holds Efficiency (Sharpe) Ratio of 0.012, which attests that the entity had a 0.012 % return per unit of volatility over the last 3 months. We have found thirty technical indicators for JPMorgan Ireland ICAV, which you can use to evaluate the volatility of the entity. Please check out JPMorgan Ireland's market risk adjusted performance of 0.0465, and Risk Adjusted Performance of 0.0063 to validate if the risk estimate we provide is consistent with the expected return of 0.0059%. The etf retains a Market Volatility (i.e., Beta) of -0.0687, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning JPMorgan Ireland are expected to decrease at a much lower rate. During the bear market, JPMorgan Ireland is likely to outperform the market.
Auto-correlation | -0.36 |
Poor reverse predictability
JPMorgan Ireland ICAV has poor reverse predictability. Overlapping area represents the amount of predictability between JPMorgan Ireland time series from 27th of January 2025 to 11th of February 2025 and 11th of February 2025 to 26th of February 2025. 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 Ireland ICAV price movement. The serial correlation of -0.36 indicates that just about 36.0% of current JPMorgan Ireland price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.36 | |
| Spearman Rank Test | -0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 0.34 |
JPMorgan Ireland ICAV lagged returns against current returns
Autocorrelation, which is JPMorgan Ireland 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 Ireland's etf expected returns. We can calculate the autocorrelation of JPMorgan Ireland returns to help us make a trade decision. For example, suppose you find that JPMorgan Ireland 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 Ireland 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 Ireland etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if JPMorgan Ireland etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in JPMorgan Ireland etf over time.
Current vs Lagged Prices |
| Timeline |
JPMorgan Ireland Lagged Returns
When evaluating JPMorgan Ireland's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of JPMorgan Ireland etf have on its future price. JPMorgan Ireland 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 Ireland autocorrelation shows the relationship between JPMorgan Ireland etf current value and its past values and can show if there is a momentum factor associated with investing in JPMorgan Ireland ICAV.
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 Etf
JPMorgan Ireland financial ratios help investors to determine whether JPMorgan Etf 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 Ireland security.