JPM Global (UK) Market Value
| 0P0000X4FW | 4.03 0.02 0.50% |
| Symbol | JPM |
JPM Global 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to JPM Global's fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of JPM Global.
| 12/08/2024 |
| 01/07/2025 |
If you would invest 0.00 in JPM Global on December 8, 2024 and sell it all today you would earn a total of 0.00 from holding JPM Global Equity or generate 0.0% return on investment in JPM Global over 30 days.
JPM Global Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure JPM Global's fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess JPM Global Equity upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5667 | |||
| Information Ratio | 0.0188 | |||
| Maximum Drawdown | 3.79 | |||
| Value At Risk | (0.75) | |||
| Potential Upside | 1.27 |
JPM Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for JPM Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as JPM Global's standard deviation. In reality, there are many statistical measures that can use JPM Global historical prices to predict the future JPM Global's volatility.| Risk Adjusted Performance | 0.0476 | |||
| Jensen Alpha | 0.03 | |||
| Total Risk Alpha | 0.0158 | |||
| Sortino Ratio | 0.0217 | |||
| Treynor Ratio | 1.36 |
JPM Global Equity Backtested Returns
At this stage we consider JPM Fund to be not too volatile. JPM Global Equity holds Efficiency (Sharpe) Ratio of 0.063, which attests that the entity had a 0.063% return per unit of volatility over the last 3 months. We have found twenty-seven technical indicators for JPM Global Equity, which you can use to evaluate the volatility of the entity. Please check out JPM Global's risk adjusted performance of 0.0476, and Market Risk Adjusted Performance of 1.37 to validate if the risk estimate we provide is consistent with the expected return of 0.0382%. The fund retains a Market Volatility (i.e., Beta) of 0.0224, which attests to not very significant fluctuations relative to the market. As returns on the market increase, JPM Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding JPM Global is expected to be smaller as well.
Auto-correlation | -0.77 |
Almost perfect reverse predictability
JPM Global Equity has almost perfect reverse predictability. Overlapping area represents the amount of predictability between JPM Global time series from 8th of December 2024 to 23rd of December 2024 and 23rd of December 2024 to 7th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of JPM Global Equity price movement. The serial correlation of -0.77 indicates that around 77.0% of current JPM Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.77 | |
| Spearman Rank Test | -0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
JPM Global Equity lagged returns against current returns
Autocorrelation, which is JPM Global fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting JPM Global's fund expected returns. We can calculate the autocorrelation of JPM Global returns to help us make a trade decision. For example, suppose you find that JPM Global has exhibited high autocorrelation historically, and you observe that the fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
JPM Global regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If JPM Global fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if JPM Global fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in JPM Global fund over time.
Current vs Lagged Prices |
| Timeline |
JPM Global Lagged Returns
When evaluating JPM Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of JPM Global fund have on its future price. JPM Global autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, JPM Global autocorrelation shows the relationship between JPM Global fund current value and its past values and can show if there is a momentum factor associated with investing in JPM Global Equity.
Regressed Prices |
| Timeline |
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