Jpmorgan Unconstrained Debt Fund Market Value
| JSISX Fund | USD 9.79 0.02 0.20% |
| Symbol | Jpmorgan |
Jpmorgan Unconstrained '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 Unconstrained'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 Unconstrained.
| 10/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in Jpmorgan Unconstrained on October 25, 2024 and sell it all today you would earn a total of 0.00 from holding Jpmorgan Unconstrained Debt or generate 0.0% return on investment in Jpmorgan Unconstrained over 30 days. Jpmorgan Unconstrained is related to or competes with Rational Special, Delaware Limited, Balanced Fund, Materials Portfolio, Small Cap, and Rbb Fund. Under normal circumstances, the fund invests at least 80 percent of its assets in debt investments More
Jpmorgan Unconstrained 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 Unconstrained'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 Unconstrained Debt upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1467 | |||
| Information Ratio | (0.92) | |||
| Maximum Drawdown | 0.6164 | |||
| Value At Risk | (0.20) | |||
| Potential Upside | 0.2062 |
Jpmorgan Unconstrained Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jpmorgan Unconstrained's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jpmorgan Unconstrained's standard deviation. In reality, there are many statistical measures that can use Jpmorgan Unconstrained historical prices to predict the future Jpmorgan Unconstrained's volatility.| Risk Adjusted Performance | 0.0545 | |||
| Jensen Alpha | 0.0011 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.77) | |||
| Treynor Ratio | 0.1428 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Jpmorgan Unconstrained'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 Unconstrained Backtested Returns
At this stage we consider Jpmorgan Mutual Fund to be very steady. Jpmorgan Unconstrained holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had a 0.12% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Jpmorgan Unconstrained, which you can use to evaluate the volatility of the entity. Please check out Jpmorgan Unconstrained's Coefficient Of Variation of 721.16, risk adjusted performance of 0.0545, and Market Risk Adjusted Performance of 0.1528 to validate if the risk estimate we provide is consistent with the expected return of 0.0143%. The fund retains a Market Volatility (i.e., Beta) of 0.0504, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Jpmorgan Unconstrained's returns are expected to increase less than the market. However, during the bear market, the loss of holding Jpmorgan Unconstrained is expected to be smaller as well.
Auto-correlation | 0.82 |
Very good predictability
Jpmorgan Unconstrained Debt has very good predictability. Overlapping area represents the amount of predictability between Jpmorgan Unconstrained time series from 25th of October 2024 to 9th of November 2024 and 9th of November 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 Unconstrained price movement. The serial correlation of 0.82 indicates that around 82.0% of current Jpmorgan Unconstrained price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.82 | |
| Spearman Rank Test | 0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Jpmorgan Unconstrained lagged returns against current returns
Autocorrelation, which is Jpmorgan Unconstrained 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 Unconstrained's mutual fund expected returns. We can calculate the autocorrelation of Jpmorgan Unconstrained returns to help us make a trade decision. For example, suppose you find that Jpmorgan Unconstrained 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 Unconstrained 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 Unconstrained mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jpmorgan Unconstrained 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 Unconstrained mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Jpmorgan Unconstrained Lagged Returns
When evaluating Jpmorgan Unconstrained's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jpmorgan Unconstrained mutual fund have on its future price. Jpmorgan Unconstrained 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 Unconstrained autocorrelation shows the relationship between Jpmorgan Unconstrained mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Jpmorgan Unconstrained Debt.
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 Unconstrained 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 Unconstrained security.
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