Jpmorgan Intermediate Tax Fund Quote
| JITZX Fund | USD 9.93 0.01 0.10% |
Performance3 of 100
| Odds Of DistressLess than 22
|
Jpmorgan Intermediate is trading at 9.93 as of the 23rd of April 2024; that is 0.10% increase since the beginning of the trading day. The fund's open price was 9.92. Jpmorgan Intermediate has about a 22 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Jpmorgan Intermediate Tax are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of May 2022 and ending today, the 23rd of April 2024. Click here to learn more.
The fund normally invests at least 80 percent of the value of its assets in municipal obligations whose interest payments are excluded from gross income for federal income tax purposes and not subject to the federal alternative minimum tax on individuals. More on Jpmorgan Intermediate Tax
Moving together with Jpmorgan Mutual Fund
| 0.66 | SRJIX | Jpmorgan Smartretirement | PairCorr |
| 0.66 | SRJQX | Jpmorgan Smartretirement | PairCorr |
| 0.67 | SRJPX | Jpmorgan Smartretirement | PairCorr |
| 0.66 | SRJSX | Jpmorgan Smartretirement | PairCorr |
| 0.66 | SRJYX | Jpmorgan Smartretirement | PairCorr |
| 0.67 | SRJZX | Jpmorgan Smartretirement | PairCorr |
| 0.67 | SRJCX | Jpmorgan Smartretirement | PairCorr |
Jpmorgan Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Jpmorgan Intermediate's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Jpmorgan Intermediate or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | JPMorgan Funds, Large Funds, Muni National Interm Funds, Muni National Interm, JPMorgan (View all Sectors) |
| Update Date | 31st of March 2024 |
Jpmorgan Intermediate Tax [JITZX] is traded in USA and was established 23rd of April 2024. Jpmorgan Intermediate is listed under JPMorgan category by Fama And French industry classification. The fund is listed under Muni National Interm category and is part of JPMorgan family. This fund currently has accumulated 5.57 B in assets under management (AUM) with no minimum investment requirementsJpmorgan Intermediate Tax is currently producing year-to-date (YTD) return of 0.25% with the current yeild of 0.0%, while the total return for the last 3 years was -0.71%.
Check Jpmorgan Intermediate Probability Of Bankruptcy
Instrument Allocation
Jpmorgan Intermediate Target Price Odds Analysis
Based on a normal probability distribution, the odds of Jpmorgan Intermediate jumping above the current price in 90 days from now is about 78.94%. The Jpmorgan Intermediate Tax probability density function shows the probability of Jpmorgan Intermediate mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Jpmorgan Intermediate Tax has a beta of -0.0399. This indicates as returns on the benchmark increase, returns on holding Jpmorgan Intermediate are expected to decrease at a much lower rate. During a bear market, however, Jpmorgan Intermediate Tax is likely to outperform the market. Additionally, jpmorgan Intermediate Tax has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Jpmorgan Intermediate to move above the current price in 90 days from now is about 78.94 (This Jpmorgan Intermediate Tax probability density function shows the probability of Jpmorgan Mutual Fund to fall within a particular range of prices over 90 days) .
Jpmorgan Intermediate Tax Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Jpmorgan Intermediate market risk premium is the additional return an investor will receive from holding Jpmorgan Intermediate 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 Jpmorgan Intermediate. 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 Jpmorgan Intermediate's alpha and beta are two of the key measurements used to evaluate Jpmorgan Intermediate's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.1156 | |||
| Standard Deviation | 0.1635 | |||
| Variance | 0.0267 | |||
| Risk Adjusted Performance | (0.04) |
Jpmorgan Intermediate Against Markets
Picking the right benchmark for Jpmorgan Intermediate mutual fund 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 Jpmorgan Intermediate mutual fund 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 Jpmorgan Intermediate is critical whether you are bullish or bearish towards Jpmorgan Intermediate Tax at a given time. Please also check how Jpmorgan Intermediate'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 Jpmorgan Intermediate 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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How to buy Jpmorgan Mutual Fund?
Before investing in Jpmorgan Intermediate, 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 Jpmorgan Intermediate. To buy Jpmorgan Intermediate fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Jpmorgan Intermediate. 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 Jpmorgan Intermediate fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Jpmorgan Intermediate Tax fund 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 Jpmorgan Intermediate Tax fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Jpmorgan Intermediate Tax, 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 fund 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.
Already Invested in Jpmorgan Intermediate Tax?
The danger of trading Jpmorgan Intermediate Tax is mainly related to its market volatility and Mutual Fund 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 Jpmorgan Intermediate 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 Jpmorgan Intermediate. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Jpmorgan Intermediate Tax 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.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jpmorgan Intermediate Tax. 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 Intermediate Tax information on this page should be used as a complementary analysis to other Jpmorgan Intermediate'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 Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.