JPMorgan Municipal Probability of Target Price Finishing Over Current Price

    OTBBX -- USA Fund  

    USD 9.92  0.01  0.10%

    JPMorgan Municipal probability of target price tool provides mechanism to make assumptions about upside and downside potential of JPMorgan Municipal Income B performance during a given time horizon utilizing its historical volatility. Please specify JPMorgan Municipal time horizon, a valid symbol (red box) and a target price (blue box) you would like JPMorgan Municipal odds to be computed. Additionally take a look at Your Equity Center.
    Horizon     30 Days    Login   to change
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    JPMorgan Municipal Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     9.92 30 days 9.92  ABOUT 24.47%
    Based on normal probability distribution, the odds of JPMorgan Municipal to move above current price in 30 days from now is about 24.47% (This JPMorgan Municipal Income B probability density function shows the probability of JPMorgan Municipal Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, JPMorgan Municipal has beta of 0.0074 . 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
     JPMorgan Municipal Price Density 
          Price 
    α
    Alpha over DOW
    =0.0051
    β
    Beta against DOW=0.0074
    σ
    Overall volatility
    =4.79
    Ir
    Information ratio =0.10

    JPMorgan Municipal Alerts

    JPMorgan Municipal Alerts and Suggestions

    JPMorgan Municipal is not yet fully synchronised with the market data
    The fund yields 0.0% to date and shows negative annual yield of 2.0%
    JPMorgan Municipal Income B maintains about 97.62% of its assets in bonds

    Price Density Drivers

    JPMorgan Municipal Health Indicators

    Additionally take a look at Your Equity Center. Please also try Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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