The output start index for this execution was one with a total number of output elements of thirty-eight. The True Range is a measure of JPMorgan Event Driven volatility developed by Welles Wilder. View also all equity analysis or get more info about true range volatility indicators indicator.
JPMorgan Event Driven Trend Analysis
Use this graph to draw trend lines for JPMorgan Event Driven ETF. You can use it to identify possible trend reversals for JPMorgan Event as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual JPMorgan Event price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
JPMorgan Event Best Fit Change Line
The following chart estimates an ordinary least squares regression model for JPMorgan Event Driven ETF applied against its price change over selected period. The best fit line has a slop of 0.04 % which may suggest that JPMorgan Event Driven ETF market price will keep on failing further. It has 78 observation points and a regression sum of squares at 12.69, which is the sum of squared deviations for the predicted JPMorgan Event price change compared to its average price change.
JPMorgan Event August 19, 2019 Technical Indicators
Based on recorded statements JPMorgan Event Driven ETF has One Year Return of 2.59%. This is 108.03% lower than that of the JPMorgan family, and significantly higher than that of Long-Short Equity category, The One Year Return for all etfs is 367.01% lower than the firm.
JPMorgan Event Comparables
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
JPMorgan Event August 19, 2019 Daily Price Condition