Jpmorgan Tax Free Fund Probability of Future Mutual Fund Price Finishing Over 10.73
| RUNFX Fund | USD 10.73 0.01 0.09% |
JPMORGAN |
Jpmorgan Tax Target Price Odds to finish over 10.73
The tendency of JPMORGAN Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 10.73 | 90 days | 10.73 | about 50.0 |
Based on a normal probability distribution, the odds of Jpmorgan Tax to move above the current price in 90 days from now is about 50.0 (This Jpmorgan Tax Free probability density function shows the probability of JPMORGAN Mutual Fund to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Jpmorgan Tax Free has a beta of -0.0176 indicating as returns on the benchmark increase, returns on holding Jpmorgan Tax are expected to decrease at a much lower rate. During a bear market, however, Jpmorgan Tax Free is likely to outperform the market. Additionally Jpmorgan Tax Free has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Jpmorgan Tax Price Density |
| Price |
Predictive Modules for Jpmorgan Tax
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Jpmorgan Tax Free. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Jpmorgan Tax Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Jpmorgan Tax is not an exception. The market had few large corrections towards the Jpmorgan Tax's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Jpmorgan Tax Free, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Jpmorgan Tax within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | -0.02 | |
σ | Overall volatility | 0.07 | |
Ir | Information ratio | 0.50 |
Jpmorgan Tax Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Jpmorgan Tax for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Jpmorgan Tax Free can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Jpmorgan Tax Free generated a negative expected return over the last 90 days | |
| Jpmorgan Tax Free generated five year return of 0.0% | |
| This fund maintains most of the assets in different exotic instruments. |
Jpmorgan Tax Technical Analysis
Jpmorgan Tax's future price can be derived by breaking down and analyzing its technical indicators over time. JPMORGAN Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Jpmorgan Tax Free. In general, you should focus on analyzing JPMORGAN Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Jpmorgan Tax Predictive Forecast Models
Jpmorgan Tax's time-series forecasting models is one of many Jpmorgan Tax's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Jpmorgan Tax's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.
Things to note about Jpmorgan Tax Free
Checking the ongoing alerts about Jpmorgan Tax for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Jpmorgan Tax Free help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Jpmorgan Tax Free generated a negative expected return over the last 90 days | |
| Jpmorgan Tax Free generated five year return of 0.0% | |
| This fund maintains most of the assets in different exotic instruments. |
Other Information on Investing in JPMORGAN Mutual Fund
Jpmorgan Tax financial ratios help investors to determine whether JPMORGAN Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in JPMORGAN with respect to the benefits of owning Jpmorgan Tax security.
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