Jpmorgan Government Bond Fund Price on October 28, 2022
| JGBZX Fund | USD 9.35 0.02 0.21% |
Below is the normalized historical share price chart for Jpmorgan Government Bond extending back to November 04, 2008. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Jpmorgan Government stands at 9.35, as last reported on the 17th of May 2024, with the highest price reaching 9.35 and the lowest price hitting 9.35 during the day.
If you're considering investing in Jpmorgan Mutual Fund, it is important to understand the factors that can impact its price. We consider Jpmorgan Government very steady. Jpmorgan Government Bond holds Efficiency (Sharpe) Ratio of 0.0281, which attests that the entity had a 0.0281% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Jpmorgan Government Bond, which you can use to evaluate the volatility of the entity. Please check out Jpmorgan Government's Downside Deviation of 0.3742, risk adjusted performance of 0.0195, and Market Risk Adjusted Performance of 0.0357 to validate if the risk estimate we provide is consistent with the expected return of 0.0092%.
Jpmorgan Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Jpmorgan |
Sharpe Ratio = 0.0281
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Estimated Market Risk
| 0.33 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Jpmorgan Government is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Jpmorgan Government by adding it to a well-diversified portfolio.
Jpmorgan Government Main Headline on 28th of October 2022
Jpmorgan Government Bond dividend paid on 28th of October 2022 |
Jpmorgan Government Valuation on October 28, 2022
It is possible to determine the worth of Jpmorgan Government on a given historical date. On October 28, 2022 Jpmorgan was worth 9.25 at the beginning of the trading date compared to the closed value of 8.98. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Jpmorgan Government mutual fund. Still, in general, we apply an absolute valuation method to find Jpmorgan Government's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Jpmorgan Government where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Jpmorgan Government's related companies.
| Open | High | Low | Close | Volume | |
| 9.28 | 9.28 | 9.00 | 9.00 | 1.00 | |
10/28/2022 | 9.25 | 9.25 | 8.98 | 8.98 | 1.00 |
| 9.22 | 9.22 | 8.95 | 8.95 | 1.00 |
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Jpmorgan Government Trading Date Momentum on October 28, 2022
| On October 31 2022 Jpmorgan Government Bond was traded for 8.95 at the closing time. The highest daily price throughout the period was 9.22 and the lowest price was 8.95 . There was no trading activity during the period 1.0. Lack of trading volume on 10/31/2022 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.33% . The trading delta at closing time to current closing price is 1.89% . |
Jpmorgan Government Bond Fundamentals Correlations and Trends
By evaluating Jpmorgan Government's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Jpmorgan Government's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Jpmorgan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Jpmorgan Government Mutual Fund history
Jpmorgan Government investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Jpmorgan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Jpmorgan Government Bond will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Jpmorgan Government stock prices may prove useful in developing a viable investing in Jpmorgan Government
The fund principally invests in securities issued by the U.S. government and its agencies and instrumentalities and related to securities issued by the U.S. government and its agencies and instrumentalities. It mainly invests in government bonds with intermediate to long remaining maturities. The funds average weighted maturity will ordinarily range between three and 15 years, taking into account expected prepayment of principal on certain investments.
Jpmorgan Government Mutual Fund Technical Analysis
Jpmorgan Government 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.
Price Boundaries
Jpmorgan Government Period Price Range
Low | October 28, 2022
| High |
9.25 | 8.98 |
Jpmorgan Government May 17, 2024 Market Strength
Market strength indicators help investors to evaluate how Jpmorgan Government mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Jpmorgan Government shares will generate the highest return on investment. By undertsting and applying Jpmorgan Government mutual fund market strength indicators, traders can identify Jpmorgan Government Bond entry and exit signals to maximize returns
Jpmorgan Government Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Jpmorgan Government's price direction in advance. Along with the technical and fundamental analysis of Jpmorgan Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Jpmorgan to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0195 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.25) | |||
| Treynor Ratio | 0.0257 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jpmorgan Government Bond. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Jpmorgan Government Bond information on this page should be used as a complementary analysis to other Jpmorgan Government'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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.