JPMORGAN Mutual Fund Market Value

Mutual Funds . USA . 
Fund . JPMORGAN STRATEGIC INCOME
JSOSX Fund  USD 11.38  0.02  0.18%   
JPMORGAN STRATEGIC's market value is the price at which a share of JPMORGAN STRATEGIC stock trades on a public exchange. It measures the collective expectations of JPMORGAN STRATEGIC INCOME investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of JPMORGAN STRATEGIC INCOME and determine expected loss or profit from investing in JPMORGAN STRATEGIC over a given investment horizon. Check out JPMORGAN STRATEGIC Correlation, JPMORGAN STRATEGIC Volatility and JPMORGAN STRATEGIC Alpha and Beta module to complement your research on JPMORGAN STRATEGIC.
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Please note, there is a significant difference between JPMORGAN STRATEGIC's value and its price as these two are different measures arrived at by different means. Investors typically determine if JPMORGAN STRATEGIC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JPMORGAN STRATEGIC'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 STRATEGIC '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 STRATEGIC'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 STRATEGIC.
0.00
03/13/2022
No Change 0.00  0.0 
In 1 year 2 months and 27 days
06/06/2023
0.00
If you would invest  0.00  in JPMORGAN STRATEGIC on March 13, 2022 and sell it all today you would earn a total of 0.00 from holding JPMORGAN STRATEGIC INCOME or generate 0.0% return on investment in JPMORGAN STRATEGIC over 450 days. JPMORGAN STRATEGIC is related to or competes with Johnson Johnson, Morningstar Unconstrained, Pure Storage, Bondbloxx ETF, and AMPL. The fund has an absolute return orientation which means that it is not managed relative to an index More

JPMORGAN STRATEGIC 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 STRATEGIC'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 STRATEGIC INCOME upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation0.18
Information Ratio0.379
Maximum Drawdown0.8792
Value At Risk(0.09)
Potential Upside0.0888

JPMORGAN STRATEGIC Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for JPMORGAN STRATEGIC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as JPMORGAN STRATEGIC's standard deviation. In reality, there are many statistical measures that can use JPMORGAN STRATEGIC historical prices to predict the future JPMORGAN STRATEGIC's volatility.
Risk Adjusted Performance0.0585
Jensen Alpha0.0052
Total Risk Alpha0.0077
Sortino Ratio0.1941
Treynor Ratio0.2975
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of JPMORGAN STRATEGIC'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 JPMORGAN STRATEGIC in the context of predictive analytics.
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10.3610.4612.52
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Please note, it is not enough to conduct a financial or market analysis of a single entity such as JPMORGAN STRATEGIC. Your research has to be compared to or analyzed against JPMORGAN STRATEGIC's peers to derive any actionable benefits. When done correctly, JPMORGAN STRATEGIC'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 STRATEGIC INCOME.

JPMORGAN STRATEGIC INCOME Backtested Returns

We consider JPMORGAN STRATEGIC very steady. JPMORGAN STRATEGIC INCOME holds Efficiency (Sharpe) Ratio of 0.17, which attests that the entity had 0.17% of return per unit of volatility over the last 3 months. Our approach towards determining the volatility of a fund is to use all available market data together with fund-specific technical indicators that cannot be diversified away. We have found twenty technical indicators for JPMORGAN STRATEGIC INCOME, which you can use to evaluate the future volatility of the entity. Please check out JPMORGAN STRATEGIC market risk adjusted performance of 0.3075, and Risk Adjusted Performance of 0.0585 to validate if the risk estimate we provide is consistent with the expected return of 0.0157%.
The fund retains a Market Volatility (i.e., Beta) of 0.016, which attests to not very significant fluctuations relative to the market. Let's try to break down what JPMORGAN's beta means in this case. As returns on the market increase, JPMORGAN STRATEGIC returns are expected to increase less than the market. However, during the bear market, the loss on holding JPMORGAN STRATEGIC will be expected to be smaller as well. Although it is important to respect JPMORGAN STRATEGIC INCOME current price history, it is better to be realistic regarding the information on the equity's current price movements. The approach towards determining future performance of any fund is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing JPMORGAN STRATEGIC INCOME technical indicators, you can now evaluate if the expected return of 0.0157% will be sustainable into the future.

Auto-correlation

    
  0.08  

Virtually no predictability

JPMORGAN STRATEGIC INCOME has virtually no predictability. Overlapping area represents the amount of predictability between JPMORGAN STRATEGIC time series from 13th of March 2022 to 24th of October 2022 and 24th of October 2022 to 6th of June 2023. 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 STRATEGIC INCOME price movement. The serial correlation of 0.08 indicates that barely 8.0% of current JPMORGAN STRATEGIC price fluctuation can be explain by its past prices.
Correlation Coefficient0.08
Spearman Rank Test0.39
Residual Average0.0
Price Variance0.01

JPMORGAN STRATEGIC INCOME lagged returns against current returns

Autocorrelation, which is JPMORGAN STRATEGIC 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 STRATEGIC's mutual fund expected returns. We can calculate the autocorrelation of JPMORGAN STRATEGIC returns to help us make a trade decision. For example, suppose you find that JPMORGAN STRATEGIC mutual fund 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.
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JPMORGAN STRATEGIC 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 STRATEGIC mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if JPMORGAN STRATEGIC 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 STRATEGIC mutual fund over time.
   Current vs Lagged Prices   
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JPMORGAN STRATEGIC Lagged Returns

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

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards JPMORGAN STRATEGIC in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, JPMORGAN STRATEGIC's short interest history, or implied volatility extrapolated from JPMORGAN STRATEGIC options trading.

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Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as JPMORGAN STRATEGIC 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.

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Check out JPMORGAN STRATEGIC Correlation, JPMORGAN STRATEGIC Volatility and JPMORGAN STRATEGIC Alpha and Beta module to complement your research on JPMORGAN STRATEGIC. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

Complementary Tools for JPMORGAN Mutual Fund analysis

When running JPMORGAN STRATEGIC's price analysis, check to measure JPMORGAN STRATEGIC'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 JPMORGAN STRATEGIC is operating at the current time. Most of JPMORGAN STRATEGIC's value examination focuses on studying past and present price action to predict the probability of JPMORGAN STRATEGIC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JPMORGAN STRATEGIC's price. Additionally, you may evaluate how the addition of JPMORGAN STRATEGIC to your portfolios can decrease your overall portfolio volatility.
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JPMORGAN STRATEGIC 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.
Overlap Analysis
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Forecast Models
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Price Shifting
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Volatility Indicators
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Value Movement
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A focus of JPMORGAN STRATEGIC technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of JPMORGAN STRATEGIC 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...
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