Jpmorgan Intrepid Mid Fund Market Value
| PECAX Fund | USD 15.08 0.02 0.13% |
| Symbol | JPMORGAN |
Jpmorgan Intrepid 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Jpmorgan Intrepid's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Jpmorgan Intrepid.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in Jpmorgan Intrepid on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding Jpmorgan Intrepid Mid or generate 0.0% return on investment in Jpmorgan Intrepid over 30 days. Jpmorgan Intrepid is related to or competes with Government Street, Federated Mdt, Janus Enterprise, Victory Integrity, and Virtus Kar. Under normal circumstances, at least 80 percent of the funds assets will be invested in equity securities of small- to m... More
Jpmorgan Intrepid Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Jpmorgan Intrepid's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Jpmorgan Intrepid Mid upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9663 | |||
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 3.76 | |||
| Value At Risk | (1.49) | |||
| Potential Upside | 1.24 |
Jpmorgan Intrepid Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jpmorgan Intrepid's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jpmorgan Intrepid's standard deviation. In reality, there are many statistical measures that can use Jpmorgan Intrepid historical prices to predict the future Jpmorgan Intrepid's volatility.| Risk Adjusted Performance | 0.0149 | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 0.0054 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Jpmorgan Intrepid's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Jpmorgan Intrepid Mid Backtested Returns
We consider Jpmorgan Intrepid very steady. Jpmorgan Intrepid Mid holds Efficiency (Sharpe) Ratio of 0.0155, which attests that the entity had a 0.0155% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Jpmorgan Intrepid Mid, which you can use to evaluate the volatility of the entity. Please check out Jpmorgan Intrepid's Market Risk Adjusted Performance of 0.0154, risk adjusted performance of 0.0149, and Downside Deviation of 0.9663 to validate if the risk estimate we provide is consistent with the expected return of 0.0129%. The fund retains a Market Volatility (i.e., Beta) of 1.22, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Jpmorgan Intrepid will likely underperform.
Auto-correlation | 0.39 |
Below average predictability
Jpmorgan Intrepid Mid has below average predictability. Overlapping area represents the amount of predictability between Jpmorgan Intrepid time series from 25th of March 2024 to 9th of April 2024 and 9th of April 2024 to 24th of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Jpmorgan Intrepid Mid price movement. The serial correlation of 0.39 indicates that just about 39.0% of current Jpmorgan Intrepid price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | 0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Jpmorgan Intrepid Mid lagged returns against current returns
Autocorrelation, which is Jpmorgan Intrepid mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Jpmorgan Intrepid's mutual fund expected returns. We can calculate the autocorrelation of Jpmorgan Intrepid returns to help us make a trade decision. For example, suppose you find that Jpmorgan Intrepid has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Jpmorgan Intrepid regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Jpmorgan Intrepid mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jpmorgan Intrepid mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jpmorgan Intrepid mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Jpmorgan Intrepid Lagged Returns
When evaluating Jpmorgan Intrepid's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jpmorgan Intrepid mutual fund have on its future price. Jpmorgan Intrepid autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Jpmorgan Intrepid autocorrelation shows the relationship between Jpmorgan Intrepid mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Jpmorgan Intrepid Mid.
Regressed Prices |
| Timeline |
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Jpmorgan Intrepid Mid using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Check out Jpmorgan Intrepid Correlation, Jpmorgan Intrepid Volatility and Jpmorgan Intrepid Alpha and Beta module to complement your research on Jpmorgan Intrepid. Note that the Jpmorgan Intrepid Mid information on this page should be used as a complementary analysis to other Jpmorgan Intrepid's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Jpmorgan Intrepid technical mutual fund 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, fund market cycles, or different charting patterns.