IShares JP's market value is the price at which a share of IShares JP trades on a public exchange. It measures the collective expectations of iShares JP Morgan investors about its performance. IShares JP is trading at 5.37 as of the 17th of March 2025, a 0.19% up since the beginning of the trading day. The etf's lowest day price was 5.35. With this module, you can estimate the performance of a buy and hold strategy of iShares JP Morgan and determine expected loss or profit from investing in IShares JP over a given investment horizon. Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
IShares
IShares JP '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 IShares JP's etf 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 IShares JP.
0.00
12/17/2024
No Change 0.00
0.0
In 3 months and 1 day
03/17/2025
0.00
If you would invest 0.00 in IShares JP on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding iShares JP Morgan or generate 0.0% return on investment in IShares JP over 90 days.
IShares JP 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 IShares JP's etf 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 iShares JP Morgan upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares JP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IShares JP's standard deviation. In reality, there are many statistical measures that can use IShares JP historical prices to predict the future IShares JP's volatility.
iShares JP Morgan holds Efficiency (Sharpe) Ratio of -0.0572, which attests that the entity had a -0.0572 % return per unit of risk over the last 3 months. iShares JP Morgan exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out IShares JP's Risk Adjusted Performance of (0.05), standard deviation of 0.6117, and Market Risk Adjusted Performance of (2.01) to validate the risk estimate we provide. The etf retains a Market Volatility (i.e., Beta) of 0.0223, which attests to not very significant fluctuations relative to the market. As returns on the market increase, IShares JP's returns are expected to increase less than the market. However, during the bear market, the loss of holding IShares JP is expected to be smaller as well.
Auto-correlation
-0.32
Poor reverse predictability
iShares JP Morgan has poor reverse predictability. Overlapping area represents the amount of predictability between IShares JP time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th of March 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 iShares JP Morgan price movement. The serial correlation of -0.32 indicates that nearly 32.0% of current IShares JP price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.32
Spearman Rank Test
-0.3
Residual Average
0.0
Price Variance
0.01
iShares JP Morgan lagged returns against current returns
Autocorrelation, which is IShares JP etf'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 IShares JP's etf expected returns. We can calculate the autocorrelation of IShares JP returns to help us make a trade decision. For example, suppose you find that IShares JP has exhibited high autocorrelation historically, and you observe that the etf 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
IShares JP 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 IShares JP etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IShares JP etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IShares JP etf over time.
Current vs Lagged Prices
Timeline
IShares JP Lagged Returns
When evaluating IShares JP's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IShares JP etf have on its future price. IShares JP 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, IShares JP autocorrelation shows the relationship between IShares JP etf current value and its past values and can show if there is a momentum factor associated with investing in iShares JP Morgan.
Regressed Prices
Timeline
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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.