JP Morgan Calculated Tax Rate Trend from 2010 to 2022

JPM
 Stock
  

USD 114.05  1.44  1.28%   

JP Morgan Calculated Tax Rate yearly trend continues to be relatively stable with very little volatility. Calculated Tax Rate may rise above 24.35 this year. During the period from 2010 to 2022, JP Morgan Calculated Tax Rate yarly data series regression line had median of 26.40 and sample variance of  26.83. JP Morgan Selling General and Administrative Expense is relatively stable at the moment as compared to the past year. The company's current value of Selling General and Administrative Expense is estimated at 66.07 Billion. Weighted Average Shares is expected to hike to about 3.1 B this year, although the value of Earning Before Interest and Taxes EBIT will most likely fall to nearly 50.2 B.
  
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Check JP Morgan financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among JP Morgan main balance sheet or income statement drivers, such as Consolidated Income of 41.2 B, Earning Before Interest and Taxes EBIT of 50.2 B or Gross Profit of 124.2 B, as well as many exotic indicators such as Calculated Tax Rate of 24.35, PPandE Turnover of 6.67 or Cash and Equivalents Turnover of 0.21. JP Morgan financial statements analysis is a perfect complement when working with JP Morgan Valuation or Volatility modules. It can also supplement various JP Morgan Technical models. Please see the analysis of JP Morgan Correlation against competitors.

JP Morgan Calculated Tax Rate Breakdown

Showing smoothed Calculated Tax Rate of JP Morgan Chase with missing and latest data points interpolated. JP Morgan's Calculated Tax Rate historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in JP Morgan's overall financial position and show how it may be relating to other accounts over time.
Calculated Tax Rate10 Years Trend
Decreasing
Slightly volatile
 Calculated Tax Rate 
Share
      Timeline 

JP Morgan Calculated Tax Rate Regression Statistics

Arithmetic Mean 24.89
Geometric Mean 24.37
Coefficient Of Variation 20.81
Mean Deviation 4.53
Median 26.40
Standard Deviation 5.18
Sample Variance 26.83
Range 14.19
R-Value(0.66)
Mean Square Error 16.49
R-Squared 0.44
Significance 0.013957
Slope(0.88)
Total Sum of Squares 321.94

JP Morgan Calculated Tax Rate History

2012 26.4
2013 30.84
2014 26.95
2015 20.39
2016 28.38
2017 31.92
2018 20.34
2019 18.22
2020 17.73
2021 18.85
2022 24.35

About JP Morgan Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include JP Morgan income statement, its balance sheet, and the statement of cash flows. JP Morgan investors use historical funamental indicators, such as JP Morgan's Calculated Tax Rate, to determine how well the company is positioned to perform in the future. Although JP Morgan investors may use each financial statement separately, they are all related. The changes in JP Morgan's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on JP Morgan's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on JP Morgan Financial Statements. Understanding these patterns can help to make the right decision on long term investment in JP Morgan. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Calculated Tax Rate 18.85  24.35 
JPMorgan Chase Co. operates as a financial services company worldwide. JPMorgan Chase Co. was founded in 1799 and is headquartered in New York, New York. JP Morgan operates under BanksDiversified classification in the United States and is traded on New York Stock Exchange. It employs 273948 people.

JP Morgan Investors Sentiment

The influence of JP Morgan's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in JP Morgan. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

JP Morgan Implied Volatility

    
  26.53  
JP Morgan's implied volatility exposes the market's sentiment of JP Morgan Chase stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if JP Morgan's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that JP Morgan stock will not fluctuate a lot when JP Morgan's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards JP Morgan in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, JP Morgan's short interest history, or implied volatility extrapolated from JP Morgan options trading.

Current Sentiment - JPM

JP Morgan Chase Investor Sentiment

Predominant part of Macroaxis users are currently bullish on JP Morgan Chase. What is your judgment towards investing in JP Morgan Chase? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish

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Please see the analysis of JP Morgan Correlation against competitors. Note that the JP Morgan Chase information on this page should be used as a complementary analysis to other JP Morgan'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 Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.

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When running JP Morgan Chase price analysis, check to measure JP Morgan's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy JP Morgan is operating at the current time. Most of JP Morgan's value examination focuses on studying past and present price action to predict the probability of JP Morgan's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move JP Morgan's price. Additionally, you may evaluate how the addition of JP Morgan to your portfolios can decrease your overall portfolio volatility.
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Is JP Morgan's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of JP Morgan. If investors know JP Morgan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about JP Morgan listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.42
Market Capitalization
335 B
Quarterly Revenue Growth YOY
-0.2
Return On Assets
0.0111
Return On Equity
0.15
The market value of JP Morgan Chase is measured differently than its book value, which is the value of JP Morgan 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 JP Morgan value 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.