Jpmorgan Ultra Short Municipal Etf Three Year Return
| JMST Etf | USD 50.83 0.02 0.04% |
JPMorgan Ultra Short Municipal fundamentals help investors to digest information that contributes to JPMorgan Ultra's financial success or failures. It also enables traders to predict the movement of JPMorgan Etf. The fundamental analysis module provides a way to measure JPMorgan Ultra's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to JPMorgan Ultra etf.
JPMorgan |
JPMorgan Ultra Short Municipal ETF Three Year Return Analysis
JPMorgan Ultra's Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
More About Three Year Return | All Equity Analysis
Three Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current JPMorgan Ultra Three Year Return | 2.70 % |
Most of JPMorgan Ultra's fundamental indicators, such as Three Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, JPMorgan Ultra Short Municipal is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
| Competition |
Based on the latest financial disclosure, JPMorgan Ultra Short Municipal has a Three Year Return of 2.7%. This is much higher than that of the JPMorgan family and significantly higher than that of the Muni National Short category. The three year return for all United States etfs is 16.41% higher than that of the company.
JPMorgan Three Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses JPMorgan Ultra's direct or indirect competition against its Three Year Return to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of JPMorgan Ultra could also be used in its relative valuation, which is a method of valuing JPMorgan Ultra by comparing valuation metrics of similar companies.JPMorgan Ultra is currently under evaluation in three year return as compared to similar ETFs.
JPMorgan Fundamentals
| Number Of Employees | 438 | |||
| Beta | 0.09 | |||
| Total Asset | 2.88 B | |||
| One Year Return | 3.50 % | |||
| Three Year Return | 2.70 % | |||
| Five Year Return | 2.30 % | |||
| Net Asset | 2.88 B | |||
| Last Dividend Paid | 0.0083 |
About JPMorgan Ultra Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze JPMorgan Ultra Short Municipal's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of JPMorgan Ultra using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of JPMorgan Ultra Short Municipal based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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The market value of JPMorgan Ultra Short 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 Ultra's value that differs from its market value or its book value, called intrinsic value, which is JPMorgan Ultra'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 Ultra's market value can be influenced by many factors that don't directly affect JPMorgan Ultra'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 Ultra's value and its price as these two are different measures arrived at by different means. Investors typically determine if JPMorgan Ultra is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JPMorgan Ultra'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.