Jpmorgan Short Duration Fund Market Value
| JSDSX Fund | USD 9.26 0.01 0.11% |
| Symbol | Jpmorgan |
Jpmorgan Short '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 Short's mutual 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 Jpmorgan Short.
| 08/02/2023 |
| 11/24/2024 |
If you would invest 0.00 in Jpmorgan Short on August 2, 2023 and sell it all today you would earn a total of 0.00 from holding Jpmorgan Short Duration or generate 0.0% return on investment in Jpmorgan Short over 480 days. Jpmorgan Short is related to or competes with Jpmorgan Smartretirement, Jpmorgan Smartretirement, Jpmorgan Smartretirement, Jpmorgan Smartretirement, Jpmorgan Smartretirement, Jpmorgan Smartretirement, and Jpmorgan Smartretirement. The fund uses a multi-sector strategy in order to create a diversified portfolio that generates total return while manag... More
Jpmorgan Short 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 Short's mutual 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 Jpmorgan Short Duration upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1589 | |||
| Information Ratio | (1.03) | |||
| Maximum Drawdown | 0.6447 | |||
| Value At Risk | (0.21) | |||
| Potential Upside | 0.2158 |
Jpmorgan Short Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jpmorgan Short's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jpmorgan Short's standard deviation. In reality, there are many statistical measures that can use Jpmorgan Short historical prices to predict the future Jpmorgan Short's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.81) | |||
| Treynor Ratio | (0.67) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Jpmorgan Short's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Jpmorgan Short Duration Backtested Returns
At this stage we consider Jpmorgan Mutual Fund to be very steady. Jpmorgan Short Duration holds Efficiency (Sharpe) Ratio of 6.0E-4, which attests that the entity had a 6.0E-4% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Jpmorgan Short Duration, which you can use to evaluate the volatility of the entity. Please check out Jpmorgan Short's Risk Adjusted Performance of (0.04), downside deviation of 0.1589, and Market Risk Adjusted Performance of (0.66) to validate if the risk estimate we provide is consistent with the expected return of 1.0E-4%. The fund retains a Market Volatility (i.e., Beta) of 0.0124, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Jpmorgan Short's returns are expected to increase less than the market. However, during the bear market, the loss of holding Jpmorgan Short is expected to be smaller as well.
Auto-correlation | 0.92 |
Excellent predictability
Jpmorgan Short Duration has excellent predictability. Overlapping area represents the amount of predictability between Jpmorgan Short time series from 2nd of August 2023 to 29th of March 2024 and 29th of March 2024 to 24th 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 Short Duration price movement. The serial correlation of 0.92 indicates that approximately 92.0% of current Jpmorgan Short price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.92 | |
| Spearman Rank Test | 0.83 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Jpmorgan Short Duration lagged returns against current returns
Autocorrelation, which is Jpmorgan Short mutual 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 Jpmorgan Short's mutual fund expected returns. We can calculate the autocorrelation of Jpmorgan Short returns to help us make a trade decision. For example, suppose you find that Jpmorgan Short has exhibited high autocorrelation historically, and you observe that the mutual 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 |
Jpmorgan Short 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 Short mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jpmorgan Short mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jpmorgan Short mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Jpmorgan Short Lagged Returns
When evaluating Jpmorgan Short's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jpmorgan Short mutual fund have on its future price. Jpmorgan Short 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 Short autocorrelation shows the relationship between Jpmorgan Short mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Jpmorgan Short Duration.
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 Mutual Fund
Jpmorgan Short financial ratios help investors to determine whether Jpmorgan Mutual 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 Jpmorgan with respect to the benefits of owning Jpmorgan Short security.
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets |