Jp Morgan Exchange Traded Etf Profile
| JGRO Etf | USD 67.30 0.21 0.31% |
Performance5 of 100
| Odds Of DistressLess than 9
|
JP Morgan is selling at 67.30 as of the 25th of April 2024; that is -0.31% down since the beginning of the trading day. The etf's open price was 67.51. JP Morgan has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for JP Morgan Exchange Traded are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
The fund will invest primarily in equity securities of U.S. large-capitalization companies, but the adviser has discretion to invest in securities across the whole market capitalization spectrum, including securities of mid-capitalization and small-capitalization companies. More on JP Morgan Exchange Traded
Moving together with JGRO Etf
| 0.98 | VUG | Vanguard Growth Index | PairCorr |
| 0.99 | IWF | iShares Russell 1000 | PairCorr |
| 0.95 | IVW | iShares SP 500 | PairCorr |
| 1.0 | SPYG | SPDR Portfolio SP Sell-off Trend | PairCorr |
| 1.0 | IUSG | iShares Core SP | PairCorr |
| 0.99 | VONG | Vanguard Russell 1000 | PairCorr |
| 0.89 | MGK | Vanguard Mega Cap | PairCorr |
JGRO 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. JP Morgan's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding JP Morgan or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Large Growth, JPMorgan (View all Sectors) |
| 200 Day M A | 60.4861 |
| Country Name | USA |
| 50 Day M A | 68.9034 |
| Code | JGRO |
| Updated At | 24th of April 2024 |
| Currency Name | US Dollar |
| Currency Code | USD |
| Type | ETF |
JP Morgan Exchange Traded [JGRO] is traded in USA and was established 2022-08-08. The fund is listed under Large Growth category and is part of JPMorgan family. JP Morgan Exchange currently have 48.7 M in assets under management (AUM).
Check JP Morgan Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on JGRO Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding JGRO Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as JP Morgan Exchange Traded Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top JP Morgan Exchange Traded Etf Constituents
| MA | Mastercard | Stock | Financials |
| NVDA | NVIDIA | Stock | Information Technology |
| AAPL | Apple Inc | Stock | Information Technology |
| MSFT | Microsoft | Stock | Information Technology |
| META | Meta Platforms | Stock | Communication Services |
| LLY | Eli Lilly and | Stock | Health Care |
| AVGO | Broadcom | Stock | Information Technology |
JP Morgan Target Price Odds Analysis
Contingent on a normal probability distribution, the odds of JP Morgan jumping above the current price in 90 days from now is about 61.29%. The JP Morgan Exchange Traded probability density function shows the probability of JP Morgan etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the etf has a beta coefficient of 1.1447. This indicates JP Morgan Exchange Traded market returns are highly reactive to returns on the market. As the market goes up or down, JP Morgan is expected to follow. Additionally, jP Morgan Exchange Traded has an alpha of 0.0013, implying that it can generate a 0.00131 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of JP Morgan to move above the current price in 90 days from now is about 61.29 (This JP Morgan Exchange Traded probability density function shows the probability of JGRO Etf to fall within a particular range of prices over 90 days) .
JP Morgan Exchange Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. JP Morgan market risk premium is the additional return an investor will receive from holding JP Morgan 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 JP Morgan. 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 JP Morgan's alpha and beta are two of the key measurements used to evaluate JP Morgan's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0644 | |||
| Jensen Alpha | 0.0013 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0135 |
JP Morgan Against Markets
Picking the right benchmark for JP Morgan 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 JP Morgan 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 JP Morgan is critical whether you are bullish or bearish towards JP Morgan Exchange Traded at a given time. Please also check how JP Morgan's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in JP Morgan without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Theme RatingsDetermine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |
| All Next | Launch Module |
How to buy JGRO Etf?
Before investing in JP Morgan, 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 JP Morgan. To buy JP Morgan etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of JP Morgan. 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 JP Morgan etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located JP Morgan Exchange Traded 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 JP Morgan Exchange Traded 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 JP Morgan Exchange Traded, 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. For more information on how to buy JGRO Etf please use our How to Invest in JP Morgan guide.
Already Invested in JP Morgan Exchange Traded?
The danger of trading JP Morgan Exchange Traded 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 JP Morgan 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 JP Morgan. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile JP Morgan Exchange 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 JP Morgan Exchange is a strong investment it is important to analyze JP Morgan'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 JP Morgan's future performance. For an informed investment choice regarding JGRO Etf, refer to the following important reports: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JP Morgan Exchange Traded. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
The market value of JP Morgan Exchange is measured differently than its book value, which is the value of JGRO that is recorded on the company's balance sheet. Investors also form their own opinion of JP Morgan's value that differs from its market value or its book value, called intrinsic value, which is JP Morgan'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 JP Morgan's market value can be influenced by many factors that don't directly affect JP Morgan'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 JP Morgan's value and its price as these two are different measures arrived at by different means. Investors typically determine if JP Morgan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JP Morgan'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.