Jpmorgan Small Pany Fund Market Value

JSCSX Fund  USD 18.33  0.25  1.35%   
Jpmorgan's market value is the price at which a share of Jpmorgan trades on a public exchange. It measures the collective expectations of Jpmorgan Small Pany investors about its performance. Jpmorgan is trading at 18.33 as of the 31st of May 2024; that is -1.35 percent decrease since the beginning of the trading day. The fund's open price was 18.58.
With this module, you can estimate the performance of a buy and hold strategy of Jpmorgan Small Pany and determine expected loss or profit from investing in Jpmorgan over a given investment horizon. Check out Jpmorgan Correlation, Jpmorgan Volatility and Jpmorgan Alpha and Beta module to complement your research on Jpmorgan.
Symbol

Please note, there is a significant difference between Jpmorgan's value and its price as these two are different measures arrived at by different means. Investors typically determine if Jpmorgan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jpmorgan'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.

Jpmorgan '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 Jpmorgan's mutual fund 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 Jpmorgan.
0.00
04/01/2024
No Change 0.00  0.0 
In 2 months and 1 day
05/31/2024
0.00
If you would invest  0.00  in Jpmorgan on April 1, 2024 and sell it all today you would earn a total of 0.00 from holding Jpmorgan Small Pany or generate 0.0% return on investment in Jpmorgan over 60 days. Jpmorgan is related to or competes with Teton Westwood, First Eagle, Teton Westwood, Oppenheimer Developing, and Teton Westwood. Under normal circumstances, the fund invests at least 80 percent of its assets in equity securities of small cap U.S More

Jpmorgan 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 Jpmorgan's mutual fund 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 Jpmorgan Small Pany upside and downside potential and time the market with a certain degree of confidence.

Jpmorgan Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Jpmorgan's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jpmorgan's standard deviation. In reality, there are many statistical measures that can use Jpmorgan historical prices to predict the future Jpmorgan's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Jpmorgan'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.
Hype
Prediction
LowEstimatedHigh
17.2818.3319.38
Details
Intrinsic
Valuation
LowRealHigh
16.8217.8718.92
Details
Naive
Forecast
LowNextHigh
16.4917.5418.59
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
17.8918.5319.17
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Jpmorgan. Your research has to be compared to or analyzed against Jpmorgan's peers to derive any actionable benefits. When done correctly, Jpmorgan's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Jpmorgan Small Pany.

Jpmorgan Small Pany Backtested Returns

Jpmorgan Small Pany holds Efficiency (Sharpe) Ratio of -0.0311, which attests that the entity had a -0.0311% return per unit of risk over the last 3 months. Jpmorgan Small Pany exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Jpmorgan's Risk Adjusted Performance of 0.0165, downside deviation of 1.1, and Market Risk Adjusted Performance of 0.1073 to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of 0.12, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Jpmorgan's returns are expected to increase less than the market. However, during the bear market, the loss of holding Jpmorgan is expected to be smaller as well.

Auto-correlation

    
  -0.7  

Very good reverse predictability

Jpmorgan Small Pany has very good reverse predictability. Overlapping area represents the amount of predictability between Jpmorgan time series from 1st of April 2024 to 1st of May 2024 and 1st of May 2024 to 31st of May 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Jpmorgan Small Pany price movement. The serial correlation of -0.7 indicates that around 70.0% of current Jpmorgan price fluctuation can be explain by its past prices.
Correlation Coefficient-0.7
Spearman Rank Test-0.31
Residual Average0.0
Price Variance0.08

Jpmorgan Small Pany lagged returns against current returns

Autocorrelation, which is Jpmorgan mutual fund'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 Jpmorgan's mutual fund expected returns. We can calculate the autocorrelation of Jpmorgan returns to help us make a trade decision. For example, suppose you find that Jpmorgan has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Jpmorgan 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 Jpmorgan mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jpmorgan mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jpmorgan mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Jpmorgan Lagged Returns

When evaluating Jpmorgan's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jpmorgan mutual fund have on its future price. Jpmorgan 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, Jpmorgan autocorrelation shows the relationship between Jpmorgan mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Jpmorgan Small Pany.
   Regressed Prices   
       Timeline  

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Check out Jpmorgan Correlation, Jpmorgan Volatility and Jpmorgan Alpha and Beta module to complement your research on Jpmorgan.
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Jpmorgan technical mutual fund 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, fund market cycles, or different charting patterns.
A focus of Jpmorgan technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Jpmorgan 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...