Jpmorgan Fundamental Data Etf Performance
| MCDS Etf | 57.93 0.49 0.84% |
The etf retains a Market Volatility (i.e., Beta) of 0.89, which attests to possible diversification benefits within a given portfolio. JPMorgan Fundamental returns are very sensitive to returns on the market. As the market goes up or down, JPMorgan Fundamental is expected to follow.
Risk-Adjusted Performance
12 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in JPMorgan Fundamental Data are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively unfluctuating fundamental indicators, JPMorgan Fundamental may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
1 | - BNN Bloomberg - BNN Bloomberg | 08/29/2024 |
2 | 2024 Kevin OLeary Complete Stock Portfolio List Top 10 Dividend Picks Now - Sure Dividend | 10/29/2024 |
JPMorgan |
JPMorgan Fundamental Relative Risk vs. Return Landscape
If you would invest 5,393 in JPMorgan Fundamental Data on August 23, 2024 and sell it today you would earn a total of 400.00 from holding JPMorgan Fundamental Data or generate 7.42% return on investment over 90 days. JPMorgan Fundamental Data is currently generating 0.1146% in daily expected returns and assumes 0.7429% risk (volatility on return distribution) over the 90 days horizon. In different words, 6% of etfs are less volatile than JPMorgan, and 98% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
JPMorgan Fundamental Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for JPMorgan Fundamental's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as JPMorgan Fundamental Data, and traders can use it to determine the average amount a JPMorgan Fundamental'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 = 0.1542
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| Cash | MCDS | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.74 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 12 88% of assets perform better |
Based on monthly moving average JPMorgan Fundamental is performing at about 12% 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 Fundamental by adding it to a well-diversified portfolio.
About JPMorgan Fundamental Performance
Assessing JPMorgan Fundamental's fundamental ratios provides investors with valuable insights into JPMorgan Fundamental's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the JPMorgan Fundamental is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
JPMorgan Fundamental is entity of United States. It is traded as Etf on NASDAQ exchange.| Latest headline from news.google.com: 2024 Kevin OLeary Complete Stock Portfolio List Top 10 Dividend Picks Now - Sure Dividend |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in JPMorgan Fundamental Data. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
The market value of JPMorgan Fundamental Data is measured differently than its book value, which is the value of JPMorgan that is recorded on the company's balance sheet. Investors also form their own opinion of JPMorgan Fundamental's value that differs from its market value or its book value, called intrinsic value, which is JPMorgan Fundamental's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because JPMorgan Fundamental's market value can be influenced by many factors that don't directly affect JPMorgan Fundamental's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between JPMorgan Fundamental's value and its price as these two are different measures arrived at by different means. Investors typically determine if JPMorgan Fundamental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JPMorgan Fundamental'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.