JPMIF Bond (Germany) Market Value
| IH59 Fund | EUR 229.61 1.68 0.73% |
| Symbol | JPMIF |
Please note, there is a significant difference between JPMIF Bond's value and its price as these two are different measures arrived at by different means. Investors typically determine if JPMIF Bond is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JPMIF Bond'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.
JPMIF Bond '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 JPMIF Bond'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 JPMIF Bond.
| 11/27/2023 |
| 12/21/2024 |
If you would invest 0.00 in JPMIF Bond on November 27, 2023 and sell it all today you would earn a total of 0.00 from holding JPMIF Bond Fund or generate 0.0% return on investment in JPMIF Bond over 390 days. JPMIF Bond is related to or competes with Groupama Entreprises, Renaissance Europe, Superior Plus, Origin Agritech, Identiv, INTUITIVE SURGICAL, and Intel. More
JPMIF Bond 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 JPMIF Bond'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 JPMIF Bond Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.3472 | |||
| Information Ratio | 0.0524 | |||
| Maximum Drawdown | 2.13 | |||
| Value At Risk | (0.56) | |||
| Potential Upside | 0.9989 |
JPMIF Bond Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for JPMIF Bond's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as JPMIF Bond's standard deviation. In reality, there are many statistical measures that can use JPMIF Bond historical prices to predict the future JPMIF Bond's volatility.| Risk Adjusted Performance | 0.0888 | |||
| Jensen Alpha | 0.0429 | |||
| Total Risk Alpha | 0.0337 | |||
| Sortino Ratio | 0.0711 | |||
| Treynor Ratio | 0.2585 |
JPMIF Bond Fund Backtested Returns
At this point, JPMIF Bond is very steady. JPMIF Bond Fund holds Efficiency (Sharpe) Ratio of 0.14, which attests that the entity had a 0.14% return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for JPMIF Bond Fund, which you can use to evaluate the volatility of the entity. Please check out JPMIF Bond's risk adjusted performance of 0.0888, and Market Risk Adjusted Performance of 0.2685 to validate if the risk estimate we provide is consistent with the expected return of 0.0656%. The fund retains a Market Volatility (i.e., Beta) of 0.18, which attests to not very significant fluctuations relative to the market. As returns on the market increase, JPMIF Bond's returns are expected to increase less than the market. However, during the bear market, the loss of holding JPMIF Bond is expected to be smaller as well.
Auto-correlation | -0.23 |
Weak reverse predictability
JPMIF Bond Fund has weak reverse predictability. Overlapping area represents the amount of predictability between JPMIF Bond time series from 27th of November 2023 to 9th of June 2024 and 9th of June 2024 to 21st 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 JPMIF Bond Fund price movement. The serial correlation of -0.23 indicates that over 23.0% of current JPMIF Bond price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.23 | |
| Spearman Rank Test | 0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 3.1 |
JPMIF Bond Fund lagged returns against current returns
Autocorrelation, which is JPMIF Bond 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 JPMIF Bond's fund expected returns. We can calculate the autocorrelation of JPMIF Bond returns to help us make a trade decision. For example, suppose you find that JPMIF Bond 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 |
JPMIF Bond 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 JPMIF Bond fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if JPMIF Bond fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in JPMIF Bond fund over time.
Current vs Lagged Prices |
| Timeline |
JPMIF Bond Lagged Returns
When evaluating JPMIF Bond's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of JPMIF Bond fund have on its future price. JPMIF Bond 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, JPMIF Bond autocorrelation shows the relationship between JPMIF Bond fund current value and its past values and can show if there is a momentum factor associated with investing in JPMIF Bond Fund.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in JPMIF Fund
JPMIF Bond financial ratios help investors to determine whether JPMIF 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 JPMIF with respect to the benefits of owning JPMIF Bond security.
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