JPM INDIAN (Germany) Market Value
| 3J8 Stock | EUR 12.50 0.10 0.81% |
| Symbol | JPM |
JPM INDIAN '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 INDIAN's stock 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 INDIAN.
| 07/01/2024 |
| 12/28/2024 |
If you would invest 0.00 in JPM INDIAN on July 1, 2024 and sell it all today you would earn a total of 0.00 from holding JPM INDIAN INVT or generate 0.0% return on investment in JPM INDIAN over 180 days. JPM INDIAN is related to or competes with PSI Software, FORMPIPE SOFTWARE, FUYO GENERAL, and AXWAY SOFTWARE. JPMorgan Indian Investment Trust plc is a closed-ended equity mutual fund launched and managed by JPMorgan Funds Limited More
JPM INDIAN 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 INDIAN's stock 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 INDIAN INVT upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.49 | |||
| Information Ratio | 0.0224 | |||
| Maximum Drawdown | 7.85 | |||
| Value At Risk | (1.69) | |||
| Potential Upside | 1.72 |
JPM INDIAN Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for JPM INDIAN's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as JPM INDIAN's standard deviation. In reality, there are many statistical measures that can use JPM INDIAN historical prices to predict the future JPM INDIAN's volatility.| Risk Adjusted Performance | 0.042 | |||
| Jensen Alpha | 0.0484 | |||
| Total Risk Alpha | 0.0153 | |||
| Sortino Ratio | 0.0188 | |||
| Treynor Ratio | 0.6398 |
JPM INDIAN INVT Backtested Returns
At this point, JPM INDIAN is not too volatile. JPM INDIAN INVT holds Efficiency (Sharpe) Ratio of 0.0481, which attests that the entity had a 0.0481% return per unit of volatility over the last 3 months. We have found twenty-seven technical indicators for JPM INDIAN INVT, which you can use to evaluate the volatility of the firm. Please check out JPM INDIAN's risk adjusted performance of 0.042, and Market Risk Adjusted Performance of 0.6498 to validate if the risk estimate we provide is consistent with the expected return of 0.0602%. JPM INDIAN has a performance score of 3 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.0784, which attests to not very significant fluctuations relative to the market. As returns on the market increase, JPM INDIAN's returns are expected to increase less than the market. However, during the bear market, the loss of holding JPM INDIAN is expected to be smaller as well. JPM INDIAN INVT currently retains a risk of 1.25%. Please check out JPM INDIAN coefficient of variation, jensen alpha, and the relationship between the downside deviation and information ratio , to decide if JPM INDIAN will be following its current trending patterns.
Auto-correlation | 0.18 |
Very weak predictability
JPM INDIAN INVT has very weak predictability. Overlapping area represents the amount of predictability between JPM INDIAN time series from 1st of July 2024 to 29th of September 2024 and 29th of September 2024 to 28th of December 2024. 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 INDIAN INVT price movement. The serial correlation of 0.18 indicates that over 18.0% of current JPM INDIAN price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.18 | |
| Spearman Rank Test | 0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 0.12 |
JPM INDIAN INVT lagged returns against current returns
Autocorrelation, which is JPM INDIAN stock'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 INDIAN's stock expected returns. We can calculate the autocorrelation of JPM INDIAN returns to help us make a trade decision. For example, suppose you find that JPM INDIAN has exhibited high autocorrelation historically, and you observe that the stock 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 INDIAN 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 INDIAN stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if JPM INDIAN stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in JPM INDIAN stock over time.
Current vs Lagged Prices |
| Timeline |
JPM INDIAN Lagged Returns
When evaluating JPM INDIAN's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of JPM INDIAN stock have on its future price. JPM INDIAN 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 INDIAN autocorrelation shows the relationship between JPM INDIAN stock current value and its past values and can show if there is a momentum factor associated with investing in JPM INDIAN INVT.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in JPM Stock
JPM INDIAN financial ratios help investors to determine whether JPM Stock 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 JPM with respect to the benefits of owning JPM INDIAN security.