Jpmorgan Etf Technical Analysis
| JAGG Etf | USD 44.66 2.61 5.52% |
As of the 25th of April, JPMorgan retains the risk adjusted performance of 0.1167, and Market Risk Adjusted Performance of (3.08). JPMorgan technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the entity's future prices. Simply put, you can use this information to find out if the entity will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for JPMorgan, which can be compared to its competitors. Please check out JPMorgan maximum drawdown, and the relationship between the information ratio and downside variance to decide if JPMorgan is priced correctly, providing market reflects its last-minute price of 44.66 per share.
JPMorgan Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as JPMorgan, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to JPMorganJPMorgan |
JPMorgan 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, etf market cycles, or different charting patterns.
JPMorgan Technical Analysis
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JPMorgan Trend Analysis
Use this graph to draw trend lines for JPMorgan. You can use it to identify possible trend reversals for JPMorgan as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual JPMorgan price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.JPMorgan Best Fit Change Line
The following chart estimates an ordinary least squares regression model for JPMorgan applied against its price change over selected period. The best fit line has a slop of 0.04 , which means JPMorgan will continue generating value for investors. It has 122 observation points and a regression sum of squares at 51.53, which is the sum of squared deviations for the predicted JPMorgan price change compared to its average price change.About JPMorgan Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of JPMorgan on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of JPMorgan based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on JPMorgan price pattern first instead of the macroeconomic environment surrounding JPMorgan. By analyzing JPMorgan's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of JPMorgan's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to JPMorgan specific price patterns or momentum indicators. Please read more on our technical analysis page.
JPMorgan April 25, 2024 Technical Indicators
Most technical analysis of JPMorgan help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for JPMorgan from various momentum indicators to cycle indicators. When you analyze JPMorgan charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Risk Adjusted Performance | 0.1167 | |||
| Market Risk Adjusted Performance | (3.08) | |||
| Mean Deviation | 0.395 | |||
| Semi Deviation | 0.1679 | |||
| Downside Deviation | 0.3701 | |||
| Coefficient Of Variation | 522.33 | |||
| Standard Deviation | 0.4917 | |||
| Variance | 0.2417 | |||
| Information Ratio | (0) | |||
| Jensen Alpha | 0.0864 | |||
| Total Risk Alpha | 0.0169 | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | (3.09) | |||
| Maximum Drawdown | 2.59 | |||
| Value At Risk | (0.60) | |||
| Potential Upside | 0.8946 | |||
| Downside Variance | 0.137 | |||
| Semi Variance | 0.0282 | |||
| Expected Short fall | (0.50) | |||
| Skewness | 0.8193 | |||
| Kurtosis | 1.4 |
JPMorgan One Year Return
Based on the recorded statements, JPMorgan has an One Year Return of -15.74%. This is 51.21% lower than that of the JPMorgan family and significantly lower than that of the Intermediate-Term Bond category. The one year return for all United States etfs is notably higher than that of the company.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the JPMorgan information on this page should be used as a complementary analysis to other JPMorgan'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 the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
The market value of JPMorgan is measured differently than its book value, which is the value of JPMorgan that is recorded on the company's balance sheet. Investors also form their own opinion of JPMorgan's value that differs from its market value or its book value, called intrinsic value, which is JPMorgan'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 JPMorgan's market value can be influenced by many factors that don't directly affect JPMorgan's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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.