Jpmorgan Climate Change Etf Technical Analysis
| TEMP Etf | USD 47.09 0.30 0.64% |
As of the 24th of November, JPMorgan Climate retains the risk adjusted performance of 0.0139, and Market Risk Adjusted Performance of (0.11). In connection with fundamental indicators, the technical analysis model lets you check practical technical drivers of JPMorgan Climate Change, as well as the relationship between them.
JPMorgan Climate 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 Climate 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 Climate Change Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Climate Change volatility. High ATR values indicate high volatility, and low values indicate low volatility.
JPMorgan Climate Change Trend Analysis
Use this graph to draw trend lines for JPMorgan Climate Change. You can use it to identify possible trend reversals for JPMorgan Climate 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 Climate price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.JPMorgan Climate Best Fit Change Line
The following chart estimates an ordinary least squares regression model for JPMorgan Climate Change applied against its price change over selected period. The best fit line has a slop of 0.0009 , which may suggest that JPMorgan Climate Change market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.03, which is the sum of squared deviations for the predicted JPMorgan Climate price change compared to its average price change.About JPMorgan Climate 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 Climate Change 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 Climate Change based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on JPMorgan Climate Change price pattern first instead of the macroeconomic environment surrounding JPMorgan Climate Change. By analyzing JPMorgan Climate'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 Climate'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 Climate specific price patterns or momentum indicators. Please read more on our technical analysis page.
JPMorgan Climate November 24, 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.
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| Risk Adjusted Performance | 0.0139 | |||
| Market Risk Adjusted Performance | (0.11) | |||
| Mean Deviation | 0.7032 | |||
| Semi Deviation | 0.9315 | |||
| Downside Deviation | 1.0 | |||
| Coefficient Of Variation | 6293.12 | |||
| Standard Deviation | 0.9272 | |||
| Variance | 0.8597 | |||
| Information Ratio | (0.13) | |||
| Jensen Alpha | 0.0094 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | (0.12) | |||
| Treynor Ratio | (0.12) | |||
| Maximum Drawdown | 4.38 | |||
| Value At Risk | (1.52) | |||
| Potential Upside | 1.56 | |||
| Downside Variance | 1.01 | |||
| Semi Variance | 0.8677 | |||
| Expected Short fall | (0.73) | |||
| Skewness | (0.18) | |||
| Kurtosis | 0.493 |
JPMorgan Climate Change One Year Return
Based on the recorded statements, JPMorgan Climate Change has an One Year Return of 26.7%. This is 182.77% lower than that of the JPMorgan family and significantly higher than that of the Global Large-Stock Growth category. The one year return for all United States etfs is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in JPMorgan Climate Change. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
The market value of JPMorgan Climate Change 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 Climate's value that differs from its market value or its book value, called intrinsic value, which is JPMorgan Climate'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 Climate's market value can be influenced by many factors that don't directly affect JPMorgan Climate'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 Climate's value and its price as these two are different measures arrived at by different means. Investors typically determine if JPMorgan Climate is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JPMorgan Climate'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.