JPMorgan Alerian Technical Analysis

JPMorgan Alerian MLP ETN -- USA Etf  

USD 26.34  0.05  0.19%

JPMorgan Alerian MLP ETN retains Risk Adjusted Performance of (0.009308) and Market Risk Adjusted Performance of (0.6). JPMorgan Alerian technical analysis makes it possible for you to employ historical prices and volume momentum with intention to determine a pattern that calculates the direction of the entity future prices. In other words you can use this information to find out if the entity will indeed mirror its model of historical price patterns or the prices will eventually revert. We found nineteen technical drivers for JPMorgan Alerian MLP which can be compared to its competitors. Please check out JPMorgan Alerian MLP Information Ratio as well as the relationship between Value At Risk and Expected Short fall to decide if JPMorgan Alerian is priced correctly providing market reflects its last-minute price of 26.34 per share.
Investment Horizon     30 Days    Login   to change

JPMorgan Alerian MLP Trend Analysis

Use this graph to draw trend lines for JPMorgan Alerian MLP ETN. You can use it to identify possible trend reversals for JPMorgan Alerian 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 Alerian price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

JPMorgan Alerian Best Fit Change Line

The following chart estimates an ordinary least squares regression model for JPMorgan Alerian MLP ETN applied against its price change over selected period. The best fit line has a slop of 0.09 % which may imply that the returns on investment in JPMorgan Alerian MLP ETN will continue to fail. It has 34 observation points and a regression sum of squares at 5.9, which is the sum of squared deviations for the predicted JPMorgan Alerian price change compared to its average price change.

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Equity Forecasting

Use basic forecasting models to generate price predictions and determine price momentum
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JPMorgan Alerian MLP ETN is fifth largest ETF in mean deviation as compared to similar ETFs. It is third largest ETF in standard deviation as compared to similar ETFs creating about  1.25  of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for JPMorgan Alerian MLP ETN is roughly  1.25 

One Year Return

JPMorgan Alerian MLP One Year Return
Based on recorded statements JPMorgan Alerian MLP ETN has One Year Return of -4.31%. This is 30.26% lower than that of the JPMorgan family, and 150.17% lower than that of Energy Limited Partnership category, The One Year Return for all etfs is 244.8% higher than the company.
  Year Return 
      JPMorgan Alerian Comparables 
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.

Fundamentals Correlations

Analyze JPMorgan Alerian Fundamentals Trends