Jp Morgan Exchange Traded Etf Technical Analysis
| JBND Etf | 53.06 0.09 0.17% |
As of the 27th of November, JP Morgan owns the Information Ratio of (0.49), coefficient of variation of (2,124), and Market Risk Adjusted Performance of (0.51). JP Morgan Exchange Traded technical analysis makes it possible for you to employ past data patterns with the intention to determine a pattern that calculates the direction of the entity's future prices. Please check out JP Morgan Exchange standard deviation, as well as the relationship between the treynor ratio and potential upside to decide if JP Morgan Exchange Traded is priced more or less accurately, providing market reflects its prevailing price of 53.06 per share.
JP Morgan Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as JBND, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to JBNDJBND |
JP Morgan technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
JP Morgan Exchange Technical Analysis
The output start index for this execution was four with a total number of output elements of fifty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of JP Morgan Exchange volatility. High ATR values indicate high volatility, and low values indicate low volatility.
JP Morgan Exchange Trend Analysis
Use this graph to draw trend lines for JP Morgan Exchange Traded. You can use it to identify possible trend reversals for JP Morgan as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual JP Morgan price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.JP Morgan Best Fit Change Line
The following chart estimates an ordinary least squares regression model for JP Morgan Exchange Traded applied against its price change over selected period. The best fit line has a slop of 0.03 , which may suggest that JP Morgan Exchange Traded market price will keep on failing further. It has 122 observation points and a regression sum of squares at 43.45, which is the sum of squared deviations for the predicted JP Morgan price change compared to its average price change.About JP Morgan Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of JP Morgan Exchange Traded on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of JP Morgan Exchange Traded based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on JP Morgan Exchange price pattern first instead of the macroeconomic environment surrounding JP Morgan Exchange. By analyzing JP Morgan's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of JP Morgan's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to JP Morgan specific price patterns or momentum indicators. Please read more on our technical analysis page.
JP Morgan November 27, 2024 Technical Indicators
Most technical analysis of JBND help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for JBND from various momentum indicators to cycle indicators. When you analyze JBND charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.05) | |||
| Market Risk Adjusted Performance | (0.51) | |||
| Mean Deviation | 0.2174 | |||
| Coefficient Of Variation | (2,124) | |||
| Standard Deviation | 0.2958 | |||
| Variance | 0.0875 | |||
| Information Ratio | (0.49) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | (0.52) | |||
| Maximum Drawdown | 1.29 | |||
| Value At Risk | (0.60) | |||
| Potential Upside | 0.5068 | |||
| Skewness | 0.131 | |||
| Kurtosis | 1.23 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JP Morgan Exchange Traded. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
The market value of JP Morgan Exchange is measured differently than its book value, which is the value of JBND that is recorded on the company's balance sheet. Investors also form their own opinion of JP Morgan's value that differs from its market value or its book value, called intrinsic value, which is JP Morgan'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 JP Morgan's market value can be influenced by many factors that don't directly affect JP Morgan'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 JP Morgan's value and its price as these two are different measures arrived at by different means. Investors typically determine if JP Morgan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JP Morgan'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.