Jpmorgan Smartretirement Correlations

Mutual Funds . USA . 
Fund . Jpmorgan Smartretirement 2055
JFFSX Fund  USD 27.66  0.20  0.73%   
The current 90-days correlation between Jpmorgan Smartretirement and Jpmorgan Smartretirement 2035 is 0.2 (i.e., Modest diversification). The correlation of Jpmorgan Smartretirement is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jpmorgan Smartretirement 2055. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in state.

Moving together with Jpmorgan Mutual Fund

  0.84SRJIX Jpmorgan SmartretirementPairCorr
  0.7SRJQX Jpmorgan SmartretirementPairCorr
  0.7SRJPX Jpmorgan SmartretirementPairCorr
  0.69SRJSX Jpmorgan SmartretirementPairCorr
  0.7SRJYX Jpmorgan SmartretirementPairCorr
  0.68SRJZX Jpmorgan SmartretirementPairCorr
  0.68SRJCX Jpmorgan SmartretirementPairCorr
  0.69SRJAX Jpmorgan SmartretirementPairCorr
  0.89JPBRX Jpmorgan Smartretirement*PairCorr
  0.73JPDAX Jpmorgan Preferred AndPairCorr
  0.7JPDIX Jpmorgan Preferred AndPairCorr
  0.74JPDRX Jpmorgan Preferred AndPairCorr
  0.74JPDVX Jpmorgan DiversifiedPairCorr
  0.62JPGSX Jpmorgan Intrepid GrowthPairCorr
  0.65JPHCX Jpmorgan Floating RatePairCorr
  0.62OSTAX Jpmorgan Short-intermediaPairCorr
  0.62JPHRX Jpmorgan Floating RatePairCorr
  0.61JPICX Jpmorgan California TaxPairCorr
  0.71JPPEX Jpmorgan Mid CapPairCorr
  0.71JPRRX Jpmorgan SmartretirementPairCorr
  0.7JPTBX Jpmorgan Smartretirement*PairCorr
  0.89JPTKX Jpmorgan Smartretirement*PairCorr
  0.89JPTLX Jpmorgan Smartretirement*PairCorr
  0.73JPSRX Jpmorgan Smartretirement*PairCorr
  0.64OBOCX Jpmorgan E BondPairCorr
  0.71JPYRX Jpmorgan SmartretirementPairCorr

Related Correlations Analysis

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Risk-Adjusted Indicators

There is a big difference between Jpmorgan Mutual Fund performing well and Jpmorgan Smartretirement Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Jpmorgan Smartretirement's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
SRJIX  0.46 (0.10) 0.00 (0.47) 0.00 
 0.00 
 0.71 
(1.05)
 3.96 
SRJQX  0.48 (0.10) 0.00 (0.47) 0.00 
 0.00 
 0.71 
(1.05)
 3.82 
SRJPX  0.47 (0.10) 0.00 (0.48) 0.00 
 0.00 
 0.67 
(1.07)
 3.49 
SRJSX  0.46 (0.11) 0.00 (0.75) 0.00 
 0.00 
 0.71 
(1.05)
 3.72 
SRJYX  0.48 (0.11) 0.00 (0.51) 0.00 
 0.00 
 0.71 
(1.10)
 4.00 
SRJZX  0.46 (0.11) 0.00 (0.60) 0.00 
 0.00 
 0.72 
(1.12)
 3.29 
SRJCX  0.45 (0.10) 0.00 (0.74) 0.00 
 0.00 
 0.67 
(1.08)
 3.13 
SRJAX  0.46 (0.11) 0.00 (0.74) 0.00 
 0.00 
 0.66 
(1.06)
 3.61 
OSGCX  0.93  0.04  0.02  0.12  1.23 
(0.97)
 1.79 
(1.68)
 8.94 
OSGIX  0.99 (0.04) 0.00 (0.07) 0.00 
 0.00 
 1.58 
(1.75)
 11.84 

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