|Horizon||30 Days Login to change|
JPMorgan Ind Market Sensitivity
|As returns on market increase, returns on owning JPMorgan Ind are expected to decrease at a much smaller rate. During bear market, JPMorgan Ind is likely to outperform the market.One Month Beta |Analyze JPMorgan Ind Bnkg Demand TrendCheck current 30 days JPMorgan Ind correlation with market (DOW)|
β = -0.0118
JPMorgan Ind Bnkg Technical Analysis
JPMorgan Ind Projected Return Density Against MarketAssuming 30 trading days horizon, JPMorgan Ind Bnkg PSU Debt Reg Div has beta of -0.0118 suggesting as returns on benchmark increase, returns on holding JPMorgan Ind are expected to decrease at a much smaller rate. During bear market, however, JPMorgan Ind Bnkg PSU Debt Reg Div is likely to outperform the market. Moreover, JPMorgan Ind Bnkg PSU Debt Reg Div has an alpha of 0.0566 implying that it can potentially generate 0.0566% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
JPMorgan Ind Return VolatilityJPMorgan Ind Bnkg PSU Debt Reg Div accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 0.389% risk (volatility on return distribution) over the 30 days horizon.