The fund retains Market Volatility (i.e. Beta) of 0.0064 which attests that as returns on market increase, JPMorgan Municipal returns are expected to increase less than the market. However during bear market, the loss on holding JPMorgan Municipal will be expected to be smaller as well.. Although it is extremely important to respect JPMorgan Municipal
current price history, it is better to be realistic regarding the information on equity current price movements. The approach towards determining future performance of any fund is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators
. By analyzing JPMorgan Municipal technical indicators
you can now evaluate if the expected return of 0.0% will be sustainable into the future.