JPMorgan Net Invested Capital vs Total Assets Analysis

JPM Stock   32.17  0.49  1.55%   
JPMorgan Chase financial indicator trend analysis is infinitely more than just investigating JPMorgan Chase recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether JPMorgan Chase is a good investment. Please check the relationship between JPMorgan Chase Net Invested Capital and its Total Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JPMorgan Chase Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Invested Capital vs Total Assets

Net Invested Capital vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of JPMorgan Chase Net Invested Capital account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between JPMorgan Chase's Net Invested Capital and Total Assets is 0.82. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Total Assets in the same time period over historical financial statements of JPMorgan Chase Co, assuming nothing else is changed. The correlation between historical values of JPMorgan Chase's Net Invested Capital and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of JPMorgan Chase Co are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Net Invested Capital i.e., JPMorgan Chase's Net Invested Capital and Total Assets go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Total Assets

Total assets refers to the total amount of JPMorgan Chase assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in JPMorgan Chase books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from JPMorgan Chase's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into JPMorgan Chase current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JPMorgan Chase Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
As of the 27th of December 2024, Tax Provision is likely to drop to about 10 B. In addition to that, Selling General Administrative is likely to drop to about 45.8 B
 2021 2022 2023 2024 (projected)
Net Interest Income52.3B66.7B89.3B68.8B
Tax Provision11.2B8.5B12.1B10.0B

JPMorgan Chase fundamental ratios Correlations

0.720.990.950.93-0.780.96-0.130.970.910.780.920.9-0.840.01-0.970.94-0.571.00.820.98-0.80.980.880.47-0.56
0.720.770.760.81-0.490.76-0.340.670.840.770.590.67-0.45-0.62-0.720.77-0.760.710.850.6-0.270.810.510.86-0.45
0.990.770.950.96-0.740.97-0.150.960.950.80.890.86-0.77-0.03-0.950.96-0.580.990.830.96-0.760.990.860.55-0.52
0.950.760.950.99-0.890.97-0.420.880.970.810.860.95-0.88-0.13-0.890.96-0.690.950.880.9-0.780.940.850.63-0.74
0.930.810.960.99-0.830.98-0.40.860.990.840.850.9-0.79-0.17-0.860.98-0.70.930.890.88-0.750.940.80.7-0.66
-0.78-0.49-0.74-0.89-0.83-0.810.62-0.67-0.79-0.68-0.74-0.940.960.070.7-0.770.63-0.77-0.75-0.750.8-0.7-0.74-0.470.93
0.960.760.970.970.98-0.81-0.280.880.980.890.930.91-0.82-0.12-0.870.99-0.720.950.910.93-0.810.930.790.66-0.61
-0.13-0.34-0.15-0.42-0.40.62-0.280.02-0.38-0.27-0.05-0.440.410.470.07-0.270.5-0.11-0.39-0.010.15-0.14-0.15-0.570.8
0.970.670.960.880.86-0.670.880.020.840.660.850.81-0.750.08-0.970.87-0.430.980.70.95-0.710.960.930.36-0.44
0.910.840.950.970.99-0.790.98-0.380.840.870.850.88-0.76-0.24-0.830.99-0.750.910.920.85-0.720.920.760.76-0.62
0.780.770.80.810.84-0.680.89-0.270.660.870.890.83-0.7-0.38-0.670.87-0.910.780.980.76-0.680.740.450.78-0.54
0.920.590.890.860.85-0.740.93-0.050.850.850.890.88-0.840.01-0.810.91-0.680.920.860.94-0.880.830.70.48-0.51
0.90.670.860.950.9-0.940.91-0.440.810.880.830.88-0.96-0.18-0.850.87-0.750.90.890.87-0.790.840.770.57-0.84
-0.84-0.45-0.77-0.88-0.790.96-0.820.41-0.75-0.76-0.7-0.84-0.960.00.77-0.770.62-0.83-0.75-0.830.84-0.73-0.78-0.370.85
0.01-0.62-0.03-0.13-0.170.07-0.120.470.08-0.24-0.380.01-0.180.00.0-0.120.690.01-0.460.15-0.37-0.080.19-0.750.29
-0.97-0.72-0.95-0.89-0.860.7-0.870.07-0.97-0.83-0.67-0.81-0.850.770.0-0.840.47-0.97-0.73-0.940.67-0.97-0.88-0.380.52
0.940.770.960.960.98-0.770.99-0.270.870.990.870.910.87-0.77-0.12-0.84-0.70.940.90.9-0.790.920.780.68-0.56
-0.57-0.76-0.58-0.69-0.70.63-0.720.5-0.43-0.75-0.91-0.68-0.750.620.690.47-0.7-0.57-0.93-0.50.41-0.55-0.28-0.890.64
1.00.710.990.950.93-0.770.95-0.110.980.910.780.920.9-0.830.01-0.970.94-0.570.820.98-0.80.980.880.46-0.55
0.820.850.830.880.89-0.750.91-0.390.70.920.980.860.89-0.75-0.46-0.730.9-0.930.820.77-0.630.80.540.83-0.65
0.980.60.960.90.88-0.750.93-0.010.950.850.760.940.87-0.830.15-0.940.9-0.50.980.77-0.870.930.850.35-0.49
-0.8-0.27-0.76-0.78-0.750.8-0.810.15-0.71-0.72-0.68-0.88-0.790.84-0.370.67-0.790.41-0.8-0.63-0.87-0.68-0.68-0.210.54
0.980.810.990.940.94-0.70.93-0.140.960.920.740.830.84-0.73-0.08-0.970.92-0.550.980.80.93-0.680.870.53-0.51
0.880.510.860.850.8-0.740.79-0.150.930.760.450.70.77-0.780.19-0.880.78-0.280.880.540.85-0.680.870.24-0.55
0.470.860.550.630.7-0.470.66-0.570.360.760.780.480.57-0.37-0.75-0.380.68-0.890.460.830.35-0.210.530.24-0.49
-0.56-0.45-0.52-0.74-0.660.93-0.610.8-0.44-0.62-0.54-0.51-0.840.850.290.52-0.560.64-0.55-0.65-0.490.54-0.51-0.55-0.49
Click cells to compare fundamentals

JPMorgan Chase Account Relationship Matchups

JPMorgan Chase fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.7T3.4T3.7T3.7T3.9T3.7T
Other Current Liab75.6B99.6B114.6B126.8B145.9B114.3B
Total Current Liabilities2.1T2.8T3.1T3.1T3.5T2.9T
Total Stockholder Equity261.3B279.4B294.1B292.3B327.9B313.8B
Net Tangible Assets185.7B199.1B208.1B212.0B243.8B217.2B
Retained Earnings223.2B237.0B272.3B296.5B332.9B286.2B
Accounts Payable1.6T2.2T2.5T2.4T162.0B153.9B
Cash263.6B527.6B740.8B567.2B624.2B550.4B
Other Assets1.1T1.1T1.3T1.3T1.5T1.3T
Long Term Debt291.5B281.7B301.0B422.7B391.8B361.3B
Good Will47.8B49.2B50.3B51.7B52.6B54.8B
Common Stock Shares Outstanding3.1B3.0B2.9B2.9B2.9B2.4B
Short Term Investments350.7B356.0B290.3B205.9B192.5B216.8B
Inventory253M152M134M157M141.3M147.5M
Other Current Assets232.3B235.6B277.3B292.0B335.9B273.8B
Other Stockholder Equity1.5B8.0B(84M)(17.3B)(15.6B)(14.8B)
Total Liab2.4T3.1T3.4T3.4T3.5T3.3T
Net Invested Capital566.8B576.2B613.9B731.7B737.0B698.0B
Long Term Investments697.8B930.3B984.8B1.0T973.9B951.0B
Short Long Term Debt40.9B45.2B53.6B44.0B44.7B39.7B
Total Current Assets1.1T1.5T1.7T1.6T1.8T1.6T
Capital Stock31.1B34.2B38.9B31.5B36.2B36.2B
Intangible Assets5.5B4.2B6.4B9.2B11.7B8.0B
Property Plant Equipment49.4B48.3B44.6B40.0B46.0B48.1B

Pair Trading with JPMorgan Chase

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if JPMorgan Chase position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in JPMorgan Chase will appreciate offsetting losses from the drop in the long position's value.

Moving together with JPMorgan Stock

  0.94ENB EnbridgePairCorr
  0.95MFC Manulife Financial CorpPairCorr
  0.9TRP TC Energy CorpPairCorr

Moving against JPMorgan Stock

  0.79IAU i 80 GoldPairCorr
  0.67TD Toronto Dominion BankPairCorr
  0.67AQN Algonquin Power UtilitiesPairCorr
  0.4T Telus CorpPairCorr
  0.31ENB-PH Enbridge H CumPairCorr
The ability to find closely correlated positions to JPMorgan Chase could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace JPMorgan Chase when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back JPMorgan Chase - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling JPMorgan Chase Co to buy it.
The correlation of JPMorgan Chase 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 perfect positive correlation (i.e., a correlation coefficient of +1) implies that as JPMorgan Chase moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if JPMorgan Chase moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for JPMorgan Chase can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether JPMorgan Chase is a strong investment it is important to analyze JPMorgan Chase's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact JPMorgan Chase's future performance. For an informed investment choice regarding JPMorgan Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JPMorgan Chase Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Please note, there is a significant difference between JPMorgan Chase's value and its price as these two are different measures arrived at by different means. Investors typically determine if JPMorgan Chase is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JPMorgan Chase'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.