|Horizon||30 Days Login to change|
JPMorgan Municipal Market Sensitivity
|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.One Month Beta |Analyze JPMorgan Municipal Demand TrendCheck current 30 days JPMorgan Municipal correlation with market (DOW)|
β = 0.036
JPMorgan Municipal Technical Analysis
JPMorgan Municipal Projected Return Density Against MarketAssuming 30 trading days horizon, JPMorgan Municipal has beta of 0.036 . This implies as returns on market go up, JPMorgan Municipal average returns are expected to increase less than the benchmark. However during bear market, the loss on holding JPMorgan Municipal Income B will be expected to be much smaller as well. Additionally, JPMorgan Municipal Income B has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Predicted Return Density
JPMorgan Municipal Return VolatilityJPMorgan Municipal Income B shows 0.0% volatility of returns over 30 trading days. DOW inherits 0.4541% risk (volatility on return distribution) over the 30 days horizon.