JPM Ultra-Short Etf Market Value

JPST -  USA Etf  

USD 50.61  0.04  0.08%

JPM Ultra-Short's market value is the price at which a share of JPM Ultra-Short stock trades on a public exchange. It measures the collective expectations of JPM Ultra-Short Income investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of JPM Ultra-Short Income and determine expected loss or profit from investing in JPM Ultra-Short over a given investment horizon. Please see JPM Ultra-Short Hype Analysis, JPM Ultra-Short Correlation, Portfolio Optimization, JPM Ultra-Short Volatility, as well as analyze JPM Ultra-Short Alpha and Beta and JPM Ultra-Short Performance.
Symbol
Backtest

The market value of JPM Ultra-Short Income is measured differently than its book value, which is the value of JPM Ultra-Short that is recorded on the company's balance sheet. Investors also form their own opinion of JPM Ultra-Short's value that differs from its market value or its book value, called intrinsic value, which is JPM Ultra-Short's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because JPM Ultra-Short's market value can be influenced by many factors that don't directly affect JPM Ultra-Short Income underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between JPM Ultra-Short's value and its price as these two are different measures arrived at by different means. Investors typically determine JPM Ultra-Short value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JPM Ultra-Short's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

JPM Ultra-Short 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to JPM Ultra-Short's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of JPM Ultra-Short.
0.00
11/02/2019
No Change 0.00  0.0 
In 1 year 11 months and 22 days
10/22/2021
0.00
If you would invest  0.00  in JPM Ultra-Short on November 2, 2019 and sell it all today you would earn a total of 0.00 from holding JPM Ultra-Short Income or generate 0.0% return on investment in JPM Ultra-Short over 720 days. JPM Ultra-Short is related to or competes with Short Treasury, 1-3 Month, Ultra Short-Term, Enhanced Short, Janus Short, GS Treasuryaccess, and Wisdomtree Floating. The investment seeks to provide current income while seeking to maintain a low volatility of principal

JPM Ultra-Short Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure JPM Ultra-Short's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess JPM Ultra-Short Income upside and downside potential and time the market with a certain degree of confidence.

JPM Ultra-Short Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for JPM Ultra-Short's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as JPM Ultra-Short's standard deviation. In reality, there are many statistical measures that can use JPM Ultra-Short historical prices to predict the future JPM Ultra-Short's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of JPM Ultra-Short's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of JPM Ultra-Short in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
50.5850.6150.64
Details
Intrinsic
Valuation
LowReal ValueHigh
50.5950.6250.65
Details
Naive
Forecast
LowNext ValueHigh
50.5950.6250.64
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
50.6450.6850.72
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as JPM Ultra-Short. Your research has to be compared to or analyzed against JPM Ultra-Short's peers to derive any actionable benefits. When done correctly, JPM Ultra-Short's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in JPM Ultra-Short Income.

JPM Ultra-Short Income Backtested Returns

JPM Ultra-Short Income holds Efficiency (Sharpe) Ratio of -0.0491, which attests that the entity had -0.0491% of return per unit of volatility over the last 3 months. Macroaxis approach towards determining the risk of any etf is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. JPM Ultra-Short Income exposes twenty-seven different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out JPM Ultra-Short market risk adjusted performance of 1.67, and Risk Adjusted Performance of (0.35) to validate the risk estimate we provide.
The etf retains a Market Volatility (i.e., Beta) of -0.0073, which attests to not very significant fluctuations relative to the market. Let's try to break down what JPM Ultra-Short's beta means in this case. As returns on the market increase, returns on owning JPM Ultra-Short are expected to decrease at a much lower rate. During the bear market, JPM Ultra-Short is likely to outperform the market. Even though it is essential to pay attention to JPM Ultra-Short Income current price history, it is always good to be careful when utilizing equity current price movements. Our approach towards determining any etf's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. JPM Ultra-Short Income exposes twenty-seven different technical indicators, which can help you to evaluate its performance.
AdviceVolatility TrendExposureCorrelations

Auto-correlation

    
   0.75   

Good predictability

JPM Ultra-Short Income has good predictability. Overlapping area represents the amount of predictability between JPM Ultra-Short time series from 2nd of November 2019 to 27th of October 2020 and 27th of October 2020 to 22nd of October 2021. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of JPM Ultra-Short Income price movement. The serial correlation of 0.75 indicates that around 75.0% of current JPM Ultra-Short price fluctuation can be explain by its past prices.
Correlation Coefficient0.75
Spearman Rank Test0.8
Residual Average0.0
Price Variance0.01

JPM Ultra-Short Income lagged returns against current returns

Autocorrelation, which is JPM Ultra-Short etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting JPM Ultra-Short's etf expected returns. We can calculate the autocorrelation of JPM Ultra-Short returns to help us make a trade decision. For example, suppose you find that JPM Ultra-Short etf has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
 Current and Lagged Values 
Share
      Timeline 

JPM Ultra-Short regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If JPM Ultra-Short etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if JPM Ultra-Short etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in JPM Ultra-Short etf over time.
 Current vs Lagged Prices 
Share
      Timeline 

JPM Ultra-Short Lagged Returns

When evaluating JPM Ultra-Short's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of JPM Ultra-Short etf have on its future price. JPM Ultra-Short autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, JPM Ultra-Short autocorrelation shows the relationship between JPM Ultra-Short etf current value and its past values and can show if there is a momentum factor associated with investing in JPM Ultra-Short Income.
 Regressed Prices 
Share
      Timeline 

JPM Ultra-Short Investors Sentiment

The influence of JPM Ultra-Short's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in JPM Ultra-Short. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Current Sentiment - JPST

JPM Ultra-Short Income Investor Sentiment

Macroaxis portfolio users are indifferent in their judgment towards investing in JPM Ultra-Short Income. What is your judgment towards investing in JPM Ultra-Short Income? Are you bullish or bearish?
Bullish
Bearish
50% Bullish
50% Bearish
Skip

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as JPM Ultra-Short Income using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please see JPM Ultra-Short Hype Analysis, JPM Ultra-Short Correlation, Portfolio Optimization, JPM Ultra-Short Volatility, as well as analyze JPM Ultra-Short Alpha and Beta and JPM Ultra-Short Performance. Note that the JPM Ultra-Short Income information on this page should be used as a complementary analysis to other JPM Ultra-Short's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

Complementary Tools for JPM Ultra-Short Etf analysis

When running JPM Ultra-Short Income price analysis, check to measure JPM Ultra-Short's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy JPM Ultra-Short is operating at the current time. Most of JPM Ultra-Short's value examination focuses on studying past and present price action to predict the probability of JPM Ultra-Short's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move JPM Ultra-Short's price. Additionally, you may evaluate how the addition of JPM Ultra-Short to your portfolios can decrease your overall portfolio volatility.
Price Transformation
Use Price Transformation models to analyze depth of different equity instruments across global markets
Go
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Go
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Go
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Fund Screener
Find activelly-traded funds from around the world traded on over 30 global exchanges
Go
Stock Screener
Find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Go
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Go
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Go
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Go
ETF Directory
Find actively traded Exchange Traded Funds (ETF) from around the world
Go
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Go
JPM Ultra-Short technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of JPM Ultra-Short technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of JPM Ultra-Short trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...