JP Morgan Story

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JPM -- USA Stock  

USD 103.81  0.93  0.90%

As many millenniums are trying to avoid financial services space, it makes sense to summarize JP Morgan Chase a little further and try to understand its current market patterns. As we have suggested previously, JP Morgan is beginning its pull down as stakeholders shift to be more bearish due to the increased sector volatility. JP Morgan Chase follows the market closely. The company returns are highly related to returns on the market. As market weaves, the company is expected to follow. Steady basic indicators of the company may denote signs of medium-term price drift for stakeholders. JP Morgan Chase is scheduled to announce its earnings tomorrow. The upcoming quarterly report is expected on the 13th of October 2020.
Published over a week ago
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Will JP Morgan (NYSE:JPM) continue to pull down in November?
JP Morgan Chase's average rating is Hold from 18 analysts. Do analysts base this consensus on technical analyses? We know that typical technical analysis utilizes price momentum, patterns, and trends looking at historical prices. It aims to identify signals based on JP Morgan market sentiment investors' perception of the future value of JP Morgan. Let us look at a few aspects of JP Morgan technical analysis.
Using predictive technical analysis, we will analyze different prices and returns patterns and diagnose historical swings to determine the real value of JP Morgan Chase. In general, we focus on analyzing JP Morgan stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build JP Morgan's daily price indicators and compare them against related drivers such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of JP Morgan's intrinsic value. In addition to deriving basic predictive indicators for JP Morgan, we also check how macroeconomic factors affect JP Morgan price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.

How does JP Morgan Stands against Peers?

Analyzing JP Morgan competition or peers my help you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Try to analyze the advantages of investing in traded instruments related to JP Morgan across multiple sectors and thematic ideas. A good competitive analysis can cover a lot of different areas. But what areas to choose depends on who you are. The more exhaustive you are in your analysis, the more effective your competitive analysis will be.
Check out JP Morgan Competition Details

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions. It is good to see analyst projects for JP Morgan, but it might be worth checking our own buy vs. sell analysis

Closer look at JP Morgan Mean Deviation

JP Morgan Chase has current Mean Deviation of 1.34. The mean deviation of the equity instrument is the first measure of the distances between each value of security historical prices and the mean. It gives us an idea of how spread out from the center the distribution of returns.

Mean Deviation is the average of the absolute values of the differences between price distribution numbers and their mean. Mean deviation of equity instrument with a lot of historical data is a biased estimator because the time horizon used in calculation will always be much smaller than the entire price history of the equity. The mean deviation is typically used as a measure of dispersion for small investment horizon, otherwise standard deviation is a better measure of dispersion.

Mean Deviation 
SUM = Summation notation
RET DEV = Sum of return deviations of JP Morgan
N = Number of calculation points for selected time horizon
Let's now compare JP Morgan Mean Deviation to its closest peers:

JP Morgan has 53 percent chance to pull down under $99 in the coming weeks

New expected short fall indicator falls down to -1.5. Possible price surge? JP Morgan Chase has relatively low volatility with skewness of 0.19 and kurtosis of 0.57. However, we advise all investors to independently investigate JP Morgan Chase to ensure all accessible information is consistent with the expectations about its upside potential and future expected returns.

While some firms in the banks?diversified industry are either recovering or due for a correction, JP Morgan may not be performing as strong as the other in terms of long-term growth potentials. With a relatively neutral outlook on the new economy, it is better to hold off any trading of JP Morgan as the current risk-reward utility is not appealing enough. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to JP Morgan.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of JP Morgan Chase. Please refer to our Terms of Use for any information regarding our disclosure principles.

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