JPM Global Etf Volatility

JPIB -  USA Etf  

USD 51.51  0.07  0.14%

We consider JPM Global very steady. JPM Global Bond holds Efficiency (Sharpe) Ratio of 0.0397, which attests that the entity had 0.0397% of return per unit of volatility over the last 3 months. Our approach towards determining the volatility of an etf is to use all available market data together with etf-specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for JPM Global Bond, which you can use to evaluate the future volatility of the entity. Please check out JPM Global risk adjusted performance of (0.032061), and Market Risk Adjusted Performance of 0.6247 to validate if the risk estimate we provide is consistent with the expected return of 0.0034%.

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JPM Global Etf volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of JPM Global daily returns, and it is calculated using variance and standard deviation. We also use JPM Global's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of JPM Global volatility.

JPM Global Market Sensitivity And Downside Risk

JPM Global's beta coefficient measures the volatility of JPM Global etf compared to the systematic risk of the entire stock market represented by your selected benchmark. In mathematical terms, beta represents the slope of the line through a regression of data points where each of these points represents JPM Global etf's returns against your selected market. In other words, JPM Global's beta of -0.0109 provides an investor with an approximation of how much risk JPM Global etf can potentially add to one of your existing portfolios.
Let's try to break down what JPM Global's beta means in this case. As returns on the market increase, returns on owning JPM Global are expected to decrease at a much lower rate. During the bear market, JPM Global is likely to outperform the market.
3 Months Beta |Analyze JPM Global Bond Demand Trend
Check current 90 days JPM Global correlation with market (DOW)

JPM Global Beta

    
  -0.0109  
JPM Global standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. Typical volatile equity has a high standard deviation, while the deviation of a stable instrument is usually low. As a downside, the standard deviation calculates all uncertainty as risk, even when it is in your favor, such as above-average returns.

Standard Deviation

    
  0.0867  
It is essential to understand the difference between upside risk (as represented by JPM Global's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of JPM Global stock's daily returns or price. Since the actual investment returns on holding a position in JPM Global stock tend to have a non-normal distribution, there will be different probabilities for losses than for gains. The likelihood of losses is reflected in the downside risk of an investment in JPM Global.

JPM Global Bond Etf Volatility Analysis

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JPM Global Projected Return Density Against Market

Given the investment horizon of 90 days JPM Global Bond has a beta of -0.0109 . This indicates as returns on benchmark increase, returns on holding JPM Global are expected to decrease at a much lower rate. During the bear market, however, JPM Global Bond is likely to outperform the market.
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to JPM Global or JPM Global Bond sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that JPM Global stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a JPM Global stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. JPM Global Bond is significantly underperforming DOW.
 Predicted Return Density 
      Returns 

JPM Global Etf Risk Measures

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to JPM Global or JPM Global Bond sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that JPM Global stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a JPM Global stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
Given the investment horizon of 90 days the coefficient of variation of JPM Global is 2515.84. The daily returns are distributed with a variance of 0.01 and standard deviation of 0.09. The mean deviation of JPM Global Bond is currently at 0.06. For similar time horizon, the selected benchmark (DOW) has volatility of 0.72
α
Alpha over DOW
-0.0067
β
Beta against DOW-0.01
σ
Overall volatility
0.09
Ir
Information ratio -0.05

JPM Global Etf Return Volatility

JPM Global historical daily return volatility represents how much JPM Global stock's price daily returns swing around its mean daily price change - it is a statistical measure of its dispersion of returns. The ETF inherits 0.0867% risk (volatility on return distribution) over the 90 days horizon. By contrast, DOW inherits 0.6799% risk (volatility on return distribution) over the 90 days horizon.
 Performance (%) 
      Timeline 

About JPM Global Volatility

Volatility is a rate at which the price of JPM Global or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of JPM Global may increase or decrease. In other words, similar to JPM Global's beta indicator, it measures the risk of JPM Global and helps estimate the fluctuations that may happen in a short period of time. So if prices of JPM Global fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.
Please read more on our technical analysis page.

JPM Global Investment Opportunity

DOW has a standard deviation of returns of 0.68 and is 7.56 times more volatile than JPM Global Bond. of all equities and portfolios are less risky than JPM Global. Compared to the overall equity markets, volatility of historical daily returns of JPM Global Bond is lower than 0 () of all global equities and portfolios over the last 90 days. Use JPM Global Bond to protect your portfolios against small market fluctuations. The etf experiences a normal downward trend and little activity. Check odds of JPM Global to be traded at $50.99 in 90 days. . Let's try to break down what JPM Global's beta means in this case. As returns on the market increase, returns on owning JPM Global are expected to decrease at a much lower rate. During the bear market, JPM Global is likely to outperform the market.

Good diversification

The correlation between JPM Global Bond and DJI is Good diversification for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding JPM Global Bond and DJI in the same portfolio assuming nothing else is changed.

JPM Global Additional Risk Indicators

The analysis of JPM Global's secondary risk indicators is one of the essential steps in making a buy or sell decision. The process involves identifying the amount of risk involved in JPM Global's investment and either accepting that risk or mitigating it. Along with some common measures of JPM Global stock risk such as standard deviation, beta, or value at risk, we also provide a set of secondary indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Risk Adjusted Performance(0.032061)
Market Risk Adjusted Performance0.6247
Mean Deviation0.0766
Semi Deviation0.0797
Downside Deviation0.1081
Coefficient Of Variation3482.83
Standard Deviation0.1149
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

JPM Global Suggested Diversification Pairs

Pair trading is one of the very effective strategies used by professional day traders and hedge funds capitalizing on short-time and mid-term market inefficiencies. The approach is based on the fact that the ratio of prices of two correlating shares is long-term stable and oscillates around the average value. If the correlation ratio comes outside the common area, you can speculate with a high success rate that the ratio will return to the mean value and collect a profit.
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The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against JPM Global as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. JPM Global's systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, JPM Global's unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to JPM Global Bond.
Please see Risk vs Return Analysis. Note that the JPM Global Bond information on this page should be used as a complementary analysis to other JPM Global'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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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When running JPM Global Bond price analysis, check to measure JPM Global'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 Global is operating at the current time. Most of JPM Global's value examination focuses on studying past and present price action to predict the probability of JPM Global's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move JPM Global's price. Additionally, you may evaluate how the addition of JPM Global to your portfolios can decrease your overall portfolio volatility.
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The market value of JPM Global Bond is measured differently than its book value, which is the value of JPM Global that is recorded on the company's balance sheet. Investors also form their own opinion of JPM Global's value that differs from its market value or its book value, called intrinsic value, which is JPM Global'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 Global's market value can be influenced by many factors that don't directly affect JPM Global Bond 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 Global's value and its price as these two are different measures arrived at by different means. Investors typically determine JPM Global value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JPM Global'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.