JPM China (UK) Market Value
| JRDC Etf | 18.48 0.11 0.59% |
| Symbol | JPM |
JPM China '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 JPM China'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 JPM China.
| 06/10/2023 |
| 12/01/2024 |
If you would invest 0.00 in JPM China on June 10, 2023 and sell it all today you would earn a total of 0.00 from holding JPM China A or generate 0.0% return on investment in JPM China over 540 days. JPM China is related to or competes with Vanguard FTSE, Leverage Shares, Amundi Index, Amundi Index, Albion Venture, Leverage Shares, and Leverage Shares. JPM China is entity of United Kingdom. It is traded as Etf on LSE exchange. More
JPM China 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 JPM China'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 JPM China A upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.82 | |||
| Information Ratio | 0.0416 | |||
| Maximum Drawdown | 16.59 | |||
| Value At Risk | (4.32) | |||
| Potential Upside | 5.39 |
JPM China Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for JPM China's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as JPM China's standard deviation. In reality, there are many statistical measures that can use JPM China historical prices to predict the future JPM China's volatility.| Risk Adjusted Performance | 0.0763 | |||
| Jensen Alpha | 0.3014 | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | 0.0417 | |||
| Treynor Ratio | (0.55) |
JPM China A Backtested Returns
JPM China appears to be not too volatile, given 3 months investment horizon. JPM China A holds Efficiency (Sharpe) Ratio of 0.0918, which attests that the entity had a 0.0918% return per unit of volatility over the last 3 months. We have found thirty technical indicators for JPM China A, which you can use to evaluate the volatility of the entity. Please utilize JPM China's risk adjusted performance of 0.0763, and Market Risk Adjusted Performance of (0.54) to validate if our risk estimates are consistent with your expectations. The etf retains a Market Volatility (i.e., Beta) of -0.44, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning JPM China are expected to decrease at a much lower rate. During the bear market, JPM China is likely to outperform the market.
Auto-correlation | -0.29 |
Weak reverse predictability
JPM China A has weak reverse predictability. Overlapping area represents the amount of predictability between JPM China time series from 10th of June 2023 to 6th of March 2024 and 6th of March 2024 to 1st 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 JPM China A price movement. The serial correlation of -0.29 indicates that nearly 29.0% of current JPM China price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.29 | |
| Spearman Rank Test | -0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 1.51 |
JPM China A lagged returns against current returns
Autocorrelation, which is JPM China 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 JPM China's etf expected returns. We can calculate the autocorrelation of JPM China returns to help us make a trade decision. For example, suppose you find that JPM China 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 |
JPM China 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 JPM China etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if JPM China etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in JPM China etf over time.
Current vs Lagged Prices |
| Timeline |
JPM China Lagged Returns
When evaluating JPM China's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of JPM China etf have on its future price. JPM China 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, JPM China autocorrelation shows the relationship between JPM China etf current value and its past values and can show if there is a momentum factor associated with investing in JPM China A.
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 JPM Etf
JPM China financial ratios help investors to determine whether JPM 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 JPM with respect to the benefits of owning JPM China security.