JPM AC (UK) Market Value
| JRXE Etf | 1,778 11.25 0.64% |
| Symbol | JPM |
JPM AC '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 AC'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 AC.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in JPM AC on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding JPM AC Asia or generate 0.0% return on investment in JPM AC over 30 days. JPM AC is related to or competes with Vanguard FTSE, Leverage Shares, Amundi Index, Amundi Index, Albion Venture, Leverage Shares, and Leverage Shares. JPM AC is entity of United Kingdom. It is traded as Etf on LSE exchange. More
JPM AC 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 AC'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 AC Asia upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9272 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 5.16 | |||
| Value At Risk | (1.22) | |||
| Potential Upside | 1.85 |
JPM AC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for JPM AC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as JPM AC's standard deviation. In reality, there are many statistical measures that can use JPM AC historical prices to predict the future JPM AC's volatility.| Risk Adjusted Performance | 0.0756 | |||
| Jensen Alpha | 0.0535 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.3446 |
JPM AC Asia Backtested Returns
Currently, JPM AC Asia is very steady. JPM AC Asia holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11% return per unit of volatility over the last 3 months. We have found thirty technical indicators for JPM AC Asia, which you can use to evaluate the volatility of the entity. Please check out JPM AC's market risk adjusted performance of 0.3546, and Risk Adjusted Performance of 0.0756 to validate if the risk estimate we provide is consistent with the expected return of 0.1%. The etf retains a Market Volatility (i.e., Beta) of 0.24, which attests to not very significant fluctuations relative to the market. As returns on the market increase, JPM AC's returns are expected to increase less than the market. However, during the bear market, the loss of holding JPM AC is expected to be smaller as well.
Auto-correlation | 0.41 |
Average predictability
JPM AC Asia has average predictability. Overlapping area represents the amount of predictability between JPM AC time series from 26th of October 2024 to 10th of November 2024 and 10th of November 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 JPM AC Asia price movement. The serial correlation of 0.41 indicates that just about 41.0% of current JPM AC price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.41 | |
| Spearman Rank Test | 0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 145.81 |
JPM AC Asia lagged returns against current returns
Autocorrelation, which is JPM AC 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 AC's etf expected returns. We can calculate the autocorrelation of JPM AC returns to help us make a trade decision. For example, suppose you find that JPM AC 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 AC 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 AC etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if JPM AC etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in JPM AC etf over time.
Current vs Lagged Prices |
| Timeline |
JPM AC Lagged Returns
When evaluating JPM AC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of JPM AC etf have on its future price. JPM AC 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 AC autocorrelation shows the relationship between JPM AC etf current value and its past values and can show if there is a momentum factor associated with investing in JPM AC Asia.
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 AC 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 AC security.