Jpmorgan Global Select Etf Performance
| JGLO Etf | 63.54 0.40 0.63% |
The etf retains a Market Volatility (i.e., Beta) of 0.68, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, JPMorgan Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding JPMorgan Global is expected to be smaller as well.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in JPMorgan Global Select are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy essential indicators, JPMorgan Global is not utilizing all of its potentials. The current stock price disarray, may contribute to short-term losses for the investors. ...more
1 | Kasikorn AM partners with JPMAM for two global equity funds - Fund Selector Asia | 09/24/2024 |
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JPMorgan Global Relative Risk vs. Return Landscape
If you would invest 6,065 in JPMorgan Global Select on September 1, 2024 and sell it today you would earn a total of 289.00 from holding JPMorgan Global Select or generate 4.77% return on investment over 90 days. JPMorgan Global Select is currently generating 0.0752% in daily expected returns and assumes 0.7035% risk (volatility on return distribution) over the 90 days horizon. In different words, 6% of etfs are less volatile than JPMorgan, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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JPMorgan Global Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for JPMorgan Global's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as JPMorgan Global Select, and traders can use it to determine the average amount a JPMorgan Global's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1069
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Estimated Market Risk
| 0.7 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average JPMorgan Global is performing at about 8% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of JPMorgan Global by adding it to a well-diversified portfolio.
About JPMorgan Global Performance
By examining JPMorgan Global's fundamental ratios, stakeholders can obtain critical insights into JPMorgan Global's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that JPMorgan Global is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
JPMorgan Global is entity of United States. It is traded as Etf on NASDAQ exchange.