The fund retains Market Volatility (i.e. Beta) of 0.0 which attests that the returns on MARKET and JPMorgan Municipal are completely uncorrelated. 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.
|Horizon||30 Days Login to change|
JPMorgan Municipal Relative Risk vs. Return LandscapeIf you would invest 992.00 in JPMorgan Municipal Income B on January 18, 2019 and sell it today you would earn a total of 0.00 from holding JPMorgan Municipal Income B or generate 0.0% return on investment over 30 days. JPMorgan Municipal Income B is currently producing negative expected returns and takes up 0.0% volatility of returns over 30 trading days. Put another way, 0% of traded equities are less volatile than the company and 99% of traded equity instruments are likely to generate higher returns over the next 30 trading days.
Daily Expected Return (%)
JPMorgan Municipal Current Valuation
JPMorgan Municipal is Unknown risk asset. JPMorgan Municipal regular Real Value cannot be determined due to lack of data. The prevalent price of JPMorgan Municipal is $9.92. Based on Macroaxis valuation methodology, the entity cannot be evaluated at this time. We determine the value of JPMorgan Municipal from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage to acquire undervalued assets and to sell overvalued assets since at some point future time stocks prices and their ongoing real values will come together.
JPMorgan Municipal Market Risk Analysis
Sharpe Ratio = 0.0
Risk-Adjusted Fund PerformanceOver the last 30 days JPMorgan Municipal Income B has generated negative risk-adjusted returns adding no value to fund investors.