Jpmorgan Municipal Etf Price on July 7, 2022
| JMUB Etf | USD 50.15 0.05 0.1% |
Below is the normalized historical share price chart for JPMorgan Municipal extending back to October 31, 2018. 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 Municipal stands at 50.15, as last reported on the 1st of May, with the highest price reaching 50.18 and the lowest price hitting 50.10 during the day.
If you're considering investing in JPMorgan Etf, it is important to understand the factors that can impact its price. JPMorgan Municipal holds Efficiency (Sharpe) Ratio of -0.12, which attests that the entity had a -0.12% return per unit of volatility over the last 3 months. JPMorgan Municipal exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out JPMorgan Municipal's market risk adjusted performance of (0.15), and Risk Adjusted Performance of (0.04) to validate the risk estimate we provide.
JPMorgan Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 6.5 | 200 Day MA 49.8873 | 1 y Volatility 6.67 | 50 Day MA 50.5425 | Inception Date 2018-10-29 |
JPMorgan |
Sharpe Ratio = -0.1245
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| Negative Returns | JMUB |
Estimated Market Risk
| 0.19 actual daily | 1 99% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average JPMorgan Municipal is not performing at its full potential. However, 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 Municipal by adding JPMorgan Municipal to a well-diversified portfolio.
Average Mkt Cap Mil 57.9 K |
JPMorgan Municipal Main Headline on 7th of July 2022
JPMorgan Municipal dividend paid on 7th of July 2022 |
JPMorgan Municipal Valuation on July 7, 2022
It is possible to determine the worth of JPMorgan Municipal on a given historical date. On July 7, 2022 JPMorgan was worth 50.37 at the beginning of the trading date compared to the closed value of 47.79. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of JPMorgan Municipal etf. Still, in general, we apply an absolute valuation method to find JPMorgan Municipal'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 Municipal where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against JPMorgan Municipal's related companies.
| Open | High | Low | Close | Volume | |
| 50.37 | 50.37 | 47.72 | 47.72 | 10,066 | |
07/07/2022 | 50.37 | 50.37 | 47.79 | 47.79 | 21,136 |
| 50.38 | 50.42 | 47.85 | 47.85 | 69,439 |
| Backtest JPMorgan Municipal | | | JPMorgan Municipal History | | | JPMorgan Municipal Valuation | Previous | Next |
JPMorgan Municipal Trading Date Momentum on July 7, 2022
| On July 08 2022 JPMorgan Municipal was traded for 47.85 at the closing time. The top price for the day was 50.42 and the lowest listed price was 47.85 . The trading volume for the day was 69.4 K. The trading history from July 8, 2022 was a factor to the next trading day price jump. The trading delta at closing time against the next closing price was 0.13% . The trading delta at closing time against the current closing price is 5.96% . |
JPMorgan Municipal Fundamentals Correlations and Trends
By evaluating JPMorgan Municipal'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 Municipal'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 Municipal Etf history
JPMorgan Municipal 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 Municipal 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 Municipal stock prices may prove useful in developing a viable investing in JPMorgan Municipal
Under normal circumstances, the fund invests at least 80 percent of its assets in municipal securities, the income from which is exempt from federal income tax. JPM Municipal is traded on BATS Exchange in the United States.
JPMorgan Municipal Etf Technical Analysis
JPMorgan Municipal technical etf 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, etf market cycles, or different charting patterns.
Price Boundaries
JPMorgan Municipal Period Price Range
Low | July 7, 2022
| High |
50.37 | 47.79 |
JPMorgan Municipal May 1, 2024 Market Strength
Market strength indicators help investors to evaluate how JPMorgan Municipal etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading JPMorgan Municipal shares will generate the highest return on investment. By undertsting and applying JPMorgan Municipal etf market strength indicators, traders can identify JPMorgan Municipal entry and exit signals to maximize returns
JPMorgan Municipal Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for JPMorgan Municipal's price direction in advance. Along with the technical and fundamental analysis of JPMorgan Etf 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 | (0.04) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.03) | |||
| Treynor Ratio | (0.16) |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JPMorgan Municipal. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in employment. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
The market value of JPMorgan Municipal 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 Municipal's value that differs from its market value or its book value, called intrinsic value, which is JPMorgan Municipal'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 Municipal's market value can be influenced by many factors that don't directly affect JPMorgan Municipal'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 Municipal's value and its price as these two are different measures arrived at by different means. Investors typically determine if JPMorgan Municipal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JPMorgan Municipal'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.