Jp Morgan Smartretirement Fund Market Value
| JTSQX Fund | USD 23.46 0.01 0.04% |
| Symbol | JTSQX |
Jp Morgan '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 Jp Morgan'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 Jp Morgan.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Jp Morgan on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Jp Morgan Smartretirement or generate 0.0% return on investment in Jp Morgan over 30 days. Jp Morgan is related to or competes with Vanguard Target, ABIVAX Socit, SCOR PK, HUMANA, Small Cap, Morningstar Unconstrained, and Thrivent High. The fund is generally intended for investors who plan to retire around the year 2050 and then withdraw their investment ... More
Jp Morgan 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 Jp Morgan'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 Jp Morgan Smartretirement upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6803 | |||
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 3.17 | |||
| Value At Risk | (0.93) | |||
| Potential Upside | 1.16 |
Jp Morgan Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jp Morgan's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jp Morgan's standard deviation. In reality, there are many statistical measures that can use Jp Morgan historical prices to predict the future Jp Morgan's volatility.| Risk Adjusted Performance | 0.0382 | |||
| Jensen Alpha | 0.03 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | (0.50) |
Jp Morgan Smartretirement Backtested Returns
At this stage we consider JTSQX Mutual Fund to be very steady. Jp Morgan Smartretirement retains Efficiency (Sharpe Ratio) of 0.0444, which attests that the entity had a 0.0444% return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for Jp Morgan, which you can use to evaluate the volatility of the entity. Please check out Jp Morgan's Standard Deviation of 0.6836, semi deviation of 0.6416, and Market Risk Adjusted Performance of (0.49) to validate if the risk estimate we provide is consistent with the expected return of 0.0295%. The fund owns a Beta (Systematic Risk) of -0.0509, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Jp Morgan are expected to decrease at a much lower rate. During the bear market, Jp Morgan is likely to outperform the market.
Auto-correlation | 0.36 |
Below average predictability
Jp Morgan Smartretirement has below average predictability. Overlapping area represents the amount of predictability between Jp Morgan time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Jp Morgan Smartretirement price movement. The serial correlation of 0.36 indicates that just about 36.0% of current Jp Morgan price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.36 | |
| Spearman Rank Test | -0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Jp Morgan Smartretirement lagged returns against current returns
Autocorrelation, which is Jp Morgan 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 Jp Morgan's mutual fund expected returns. We can calculate the autocorrelation of Jp Morgan returns to help us make a trade decision. For example, suppose you find that Jp Morgan 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 |
Jp Morgan 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 Jp Morgan mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jp Morgan mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jp Morgan mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Jp Morgan Lagged Returns
When evaluating Jp Morgan's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jp Morgan mutual fund have on its future price. Jp Morgan 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, Jp Morgan autocorrelation shows the relationship between Jp Morgan mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Jp Morgan Smartretirement.
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 JTSQX Mutual Fund
Jp Morgan financial ratios help investors to determine whether JTSQX 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 JTSQX with respect to the benefits of owning Jp Morgan security.
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