Jpmorgan Trust I Fund Market Value
| VMIXX Fund | USD 1.00 0.00 0.00% |
| Symbol | Jpmorgan |
Please note, there is a significant difference between Jpmorgan Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if Jpmorgan Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jpmorgan Trust's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Jpmorgan Trust '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 Trust's money market 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 Trust.
| 02/09/2023 |
| 11/30/2024 |
If you would invest 0.00 in Jpmorgan Trust on February 9, 2023 and sell it all today you would earn a total of 0.00 from holding Jpmorgan Trust I or generate 0.0% return on investment in Jpmorgan Trust over 660 days. Jpmorgan Trust is related to or competes with Prudential Core, Fidelity Advisor, Huber Capital, Evaluator Conservative, Adams Diversified, and Harbor Diversified. Jpmorgan Trust is entity of United States More
Jpmorgan Trust 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 Trust's money market 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 Trust I upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.98) | |||
| Maximum Drawdown | 1.01 |
Jpmorgan Trust Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jpmorgan Trust's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jpmorgan Trust's standard deviation. In reality, there are many statistical measures that can use Jpmorgan Trust historical prices to predict the future Jpmorgan Trust's volatility.| Risk Adjusted Performance | 0.0426 | |||
| Jensen Alpha | 0.0047 | |||
| Total Risk Alpha | (0.02) | |||
| Treynor Ratio | 1.06 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Jpmorgan Trust'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 Trust I Backtested Returns
At this stage we consider Jpmorgan Money Market Fund to be not too volatile. Jpmorgan Trust I 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 seventeen technical indicators for Jpmorgan Trust I, which you can use to evaluate the volatility of the entity. Please check out Jpmorgan Trust's Market Risk Adjusted Performance of 1.07, risk adjusted performance of 0.0426, and Standard Deviation of 0.1243 to validate if the risk estimate we provide is consistent with the expected return of 0.0155%. The fund retains a Market Volatility (i.e., Beta) of 0.005, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Jpmorgan Trust's returns are expected to increase less than the market. However, during the bear market, the loss of holding Jpmorgan Trust is expected to be smaller as well.
Auto-correlation | 0.04 |
Virtually no predictability
Jpmorgan Trust I has virtually no predictability. Overlapping area represents the amount of predictability between Jpmorgan Trust time series from 9th of February 2023 to 5th of January 2024 and 5th of January 2024 to 30th 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 Trust I price movement. The serial correlation of 0.04 indicates that only as little as 4.0% of current Jpmorgan Trust price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.04 | |
| Spearman Rank Test | 0.92 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Jpmorgan Trust I lagged returns against current returns
Autocorrelation, which is Jpmorgan Trust money market 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 Trust's money market fund expected returns. We can calculate the autocorrelation of Jpmorgan Trust returns to help us make a trade decision. For example, suppose you find that Jpmorgan Trust has exhibited high autocorrelation historically, and you observe that the money market 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 Trust 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 Trust money market fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jpmorgan Trust money market fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jpmorgan Trust money market fund over time.
Current vs Lagged Prices |
| Timeline |
Jpmorgan Trust Lagged Returns
When evaluating Jpmorgan Trust's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jpmorgan Trust money market fund have on its future price. Jpmorgan Trust 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 Trust autocorrelation shows the relationship between Jpmorgan Trust money market fund current value and its past values and can show if there is a momentum factor associated with investing in Jpmorgan Trust I.
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 Money Market Fund
Jpmorgan Trust financial ratios help investors to determine whether Jpmorgan Money Market 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 Trust security.
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