Jpmorgan Equity Focus Etf Technical Analysis
JPEF Etf | 69.24 0.55 0.80% |
As of the 27th of November, JPMorgan Equity retains the risk adjusted performance of 0.1137, and Market Risk Adjusted Performance of 0.1333. JPMorgan Equity technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the entity's future prices. Please check out JPMorgan Equity Focus maximum drawdown, and the relationship between the information ratio and downside variance to decide if JPMorgan Equity is priced correctly, providing market reflects its last-minute price of 69.24 per share.
JPMorgan Equity Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as JPMorgan, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to JPMorganJPMorgan |
JPMorgan Equity 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.
JPMorgan Equity Focus Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-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 JPMorgan Equity Focus volatility. High ATR values indicate high volatility, and low values indicate low volatility.
JPMorgan Equity Focus Trend Analysis
Use this graph to draw trend lines for JPMorgan Equity Focus. You can use it to identify possible trend reversals for JPMorgan Equity 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 JPMorgan Equity price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.JPMorgan Equity Best Fit Change Line
The following chart estimates an ordinary least squares regression model for JPMorgan Equity Focus applied against its price change over selected period. The best fit line has a slop of 0.09 , which means JPMorgan Equity Focus will continue generating value for investors. It has 122 observation points and a regression sum of squares at 336.98, which is the sum of squared deviations for the predicted JPMorgan Equity price change compared to its average price change.About JPMorgan Equity 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 JPMorgan Equity Focus 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 JPMorgan Equity Focus based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on JPMorgan Equity Focus price pattern first instead of the macroeconomic environment surrounding JPMorgan Equity Focus. By analyzing JPMorgan Equity'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 JPMorgan Equity'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 JPMorgan Equity specific price patterns or momentum indicators. Please read more on our technical analysis page.
JPMorgan Equity November 27, 2024 Technical Indicators
Most technical analysis of JPMorgan 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 JPMorgan from various momentum indicators to cycle indicators. When you analyze JPMorgan 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 | 0.1137 | |||
Market Risk Adjusted Performance | 0.1333 | |||
Mean Deviation | 0.5683 | |||
Semi Deviation | 0.6683 | |||
Downside Deviation | 0.8343 | |||
Coefficient Of Variation | 675.92 | |||
Standard Deviation | 0.8141 | |||
Variance | 0.6627 | |||
Information Ratio | (0.01) | |||
Jensen Alpha | 0.0026 | |||
Total Risk Alpha | (0.02) | |||
Sortino Ratio | (0.01) | |||
Treynor Ratio | 0.1233 | |||
Maximum Drawdown | 4.05 | |||
Value At Risk | (1.12) | |||
Potential Upside | 1.26 | |||
Downside Variance | 0.696 | |||
Semi Variance | 0.4466 | |||
Expected Short fall | (0.62) | |||
Skewness | (0.19) | |||
Kurtosis | 2.6 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JPMorgan Equity Focus. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
The market value of JPMorgan Equity Focus 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 Equity's value that differs from its market value or its book value, called intrinsic value, which is JPMorgan Equity'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 Equity's market value can be influenced by many factors that don't directly affect JPMorgan Equity'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 Equity's value and its price as these two are different measures arrived at by different means. Investors typically determine if JPMorgan Equity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JPMorgan Equity'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.