JPM Ultra-Short Etf Profile

JPST -  USA Etf  

USD 50.72  0.01  0.0197%

JPM Ultra-Short is selling for under 50.72 as of the 24th of September 2021; that is 0.0197 percent up since the beginning of the trading day. The etf's last reported lowest price was 50.71. JPM Ultra-Short has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for JPM Ultra-Short Income are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of June 2021 and ending today, the 24th of September 2021. Click here to learn more.
 Market Performance
0 of 100
  Odds Of Distress
Less than 1

JPM Ultra-Short Etf Profile

The investment seeks to provide current income while seeking to maintain a low volatility of principal. JPM Ultra-Short is traded on NYSEArca Exchange in the United States. more on JPM Ultra-Short
JPM Ultra-Short is unlikely to experience financial distress in the next 2 years
The fund retains about 69.2% of its assets under management (AUM) in fixed income securities
Legal NameJPM Ultra-Short Income
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of JPM Ultra-Short's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Cautious HoldFairly Valued
IssuerJPMorgan
DescriptionJPMorgan Ultra-Short Income ETF
Inception Date2017-05-17
BenchmarkNot Applicable
Entity TypeRegulated Investment Company
Asset Under Management18.33 Billion
Average Trading Valume2.5 Million
Asset TypeFixed Income
CategoryBroad Debt
FocusInvestment Grade
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorJ.P. Morgan Investment Management Inc.
AdvisorJ.P. Morgan Investment Management Inc.
CustodianJPMorgan Chase Bank, N.A.
DistributorJPMorgan Distribution Services, Inc.
Portfolio ManagerJames McNerny, David Martucci, Cecilia Junker, Kyongsoo Noh
Transfer AgentJPMorgan Chase Bank, N.A.
Fiscal Year End31-Oct
ExchangeCboe BZX Exchange, Inc.
Number of Constituents1,122
Market MakerVirtu Financial
Total Expense0.56
Management Fee0.15
Nav Price50.72
Two Hundred Day Average50.73
Ytd0.20%
Average Daily Volume In Three Month2.23M
Fifty Two Week Low50.64
As Of Date30th of June 2021
Average Daily Volume Last 10 Day2.24M
Fifty Two Week High50.85
Fifty Day Average50.72
Three Month0.15%
Beta In Three Year0.14
JPM Ultra-Short Income [JPST] is traded in USA and was established 2017-05-17. The fund is listed under Ultrashort Bond category and is part of JPMorgan family. JPM Ultra-Short Income currently have 17.32 B in assets under management (AUM). , while the total return for the last 3 years was 2.32%.
Check JPM Ultra-Short Probability Of Bankruptcy

Geographic Allocation (%)

Sector Allocation (%)

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on JPM Ultra-Short Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding JPM Ultra-Short , and the less return is expected.

JPM Ultra-Short Target Price Odds Analysis

What are JPM Ultra-Short's target price odds to finish over the current price? Attributed to a normal probability distribution, the odds of JPM Ultra-Short jumping above the current price in 90 days from now is about 35.22%. The JPM Ultra-Short Income probability density function shows the probability of JPM Ultra-Short etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days JPM Ultra-Short has a beta of 0.0274. This indicates as returns on the market go up, JPM Ultra-Short average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding JPM Ultra-Short Income will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. JPM Ultra-Short Income is significantly underperforming DOW.
 Odds Down 50.72HorizonTargetOdds Up 50.72 
63.14%90 days
 50.72 
35.22%
Based on a normal probability distribution, the odds of JPM Ultra-Short to move above the current price in 90 days from now is about 35.22 (This JPM Ultra-Short Income probability density function shows the probability of JPM Ultra-Short Etf to fall within a particular range of prices over 90 days) .

JPM Ultra-Short Top Holders

JPM Ultra-Short Income Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. JPM Ultra-Short market risk premium is the additional return an investor will receive from holding JPM Ultra-Short long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in JPM Ultra-Short. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although JPM Ultra-Short's alpha and beta are two of the key measurements used to evaluate JPM Ultra-Short's performance over the market, the standard measures of volatility play an important role as well.

JPM Ultra-Short Income Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of five hundred twenty-three. JPM Ultra-Short Income Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe JPM Ultra-Short price patterns. View also all equity analysis or get more info about inverse tangent over price movement math transform indicator.

JPM Ultra-Short Against Markets

Picking the right benchmark for JPM Ultra-Short etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in JPM Ultra-Short etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for JPM Ultra-Short is critical whether you are bullish or bearish towards JPM Ultra-Short Income at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in JPM Ultra-Short without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Portfolio Backtesting Now

   

Portfolio Backtesting

Avoid under-diversification and over-optimization by backtesting your portfolios
All  Next Launch Module
Please see Risk vs Return Analysis. 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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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.
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Go
ETF Directory
Find actively traded Exchange Traded Funds (ETF) from around the world
Go
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Go
Equity Search
Search for activelly traded equities including funds and ETFs from over 30 global markets
Go
Stock Screener
Find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Go
Equity Valuation
Check real value of public entities based on technical and fundamental data
Go
Shere Portfolio
Track or share privately all of your investments from the convenience of any device
Go
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Go
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Go
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Go
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Go
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Go
Transaction History
View history of all your transactions and understand their impact on performance
Go
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.