Jpmorgan Etf Profile
JPMorgan is trading at 46.13 as of the 19th of April 2024; that is -0.02 percent decrease since the beginning of the trading day. The etf's open price was 46.14. Equity ratings for JPMorgan are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
JPMorgan Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. JPMorgan's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding JPMorgan or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Old Name | JPMorgan High Yield Research Enhanced ETF |
| Business Concentration | High Yield Bond, JPMorgan (View all Sectors) |
| Country Name | USA |
| Returns Y T D | 0.84 |
| Name | JPMorgan High Yield Research Enhanced ETF |
| Currency Code | USD |
| In Threey Volatility | 8.8 |
| 1y Volatility | 6.34 |
| 200 Day M A | 44.5982 |
| 50 Day M A | 44.8799 |
| Code | JPHY |
| Updated At | 4th of March 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.09) |
| Type | ETF |
JPMorgan [JPHY] is traded in USA and was established 2016-09-15. The fund is listed under High Yield Bond category and is part of JPMorgan family. JPMorgan currently have 387.25 M in assets under management (AUM). , while the total return for the last 3 years was 1.5%.
Check JPMorgan Probability Of Bankruptcy
JPMorgan Target Price Odds Analysis
Based on a normal probability distribution, the odds of JPMorgan jumping above the current price in 90 days from now is about 13.33%. The JPMorgan probability density function shows the probability of JPMorgan etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days JPMorgan has a beta of 0.0113. This indicates as returns on the market go up, JPMorgan average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding JPMorgan will be expected to be much smaller as well. Additionally, jPMorgan has an alpha of 0.0899, implying that it can generate a 0.0899 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of JPMorgan to move above the current price in 90 days from now is about 13.33 (This JPMorgan probability density function shows the probability of JPMorgan Etf to fall within a particular range of prices over 90 days) .
JPMorgan Top Holders
| JTQEX | Jpmorgan Smartretirement Blend | Mutual Fund | Target-Date 2015 |
| JIRBX | Jpmorgan Smartretirement Blend | Mutual Fund | Target-Date Retirement |
| JBSSX | Jpmorgan Smartretirement Blend | Mutual Fund | Target-Date 2025 |
| JIBBX | Jpmorgan Smartretirement Blend | Mutual Fund | Target-Date Retirement |
| JITLX | Jpmorgan Smartretirement Blend | Mutual Fund | Target-Date Retirement |
| JRBEX | Jpmorgan Smartretirement Blend | Mutual Fund | Target-Date 2030 |
| JACSX | Jpmorgan Smartretirement Blend | Mutual Fund | Target-Date 2060+ |
JPMorgan Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. JPMorgan market risk premium is the additional return an investor will receive from holding JPMorgan long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in JPMorgan. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although JPMorgan's alpha and beta are two of the key measurements used to evaluate JPMorgan's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.282 | |||
| Standard Deviation | 0.3967 | |||
| Variance | 0.1574 | |||
| Downside Variance | 0.1162 |
JPMorgan Against Markets
Picking the right benchmark for JPMorgan etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in JPMorgan etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for JPMorgan is critical whether you are bullish or bearish towards JPMorgan at a given time. Please also check how JPMorgan's historical prices are related to one of the top price index indicators.
JPMorgan Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with JPMorgan etf to make a market-neutral strategy. Peer analysis of JPMorgan could also be used in its relative valuation, which is a method of valuing JPMorgan by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
How to buy JPMorgan Etf?
Before investing in JPMorgan, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in JPMorgan. To buy JPMorgan etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of JPMorgan. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase JPMorgan etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located JPMorgan etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased JPMorgan etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as JPMorgan, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in JPMorgan?
The danger of trading JPMorgan is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of JPMorgan is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than JPMorgan. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile JPMorgan is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether JPMorgan is a strong investment it is important to analyze JPMorgan's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact JPMorgan's future performance. For an informed investment choice regarding JPMorgan Etf, refer to the following important reports: Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in rate. Note that the JPMorgan information on this page should be used as a complementary analysis to other JPMorgan'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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
The market value of JPMorgan 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's value that differs from its market value or its book value, called intrinsic value, which is JPMorgan'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's market value can be influenced by many factors that don't directly affect JPMorgan'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's value and its price as these two are different measures arrived at by different means. Investors typically determine if JPMorgan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JPMorgan'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.