Jpmorgan Government Bond Fund Market Value
| JGBZX Fund | USD 9.56 0.03 0.31% |
| Symbol | Jpmorgan |
Jpmorgan Government '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 Jpmorgan Government's mutual 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 Jpmorgan Government.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Jpmorgan Government on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Jpmorgan Government Bond or generate 0.0% return on investment in Jpmorgan Government over 90 days. Jpmorgan Government is related to or competes with Doubleline Emerging, and Voya Government. The fund principally invests in securities issued by the U.S More
Jpmorgan Government 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 Jpmorgan Government's mutual 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 Jpmorgan Government Bond upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.291 | |||
| Information Ratio | 0.3306 | |||
| Maximum Drawdown | 1.29 | |||
| Value At Risk | (0.42) | |||
| Potential Upside | 0.5336 |
Jpmorgan Government Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jpmorgan Government's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jpmorgan Government's standard deviation. In reality, there are many statistical measures that can use Jpmorgan Government historical prices to predict the future Jpmorgan Government's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | 0.0281 | |||
| Sortino Ratio | 0.3419 | |||
| Treynor Ratio | (0.46) |
Jpmorgan Government Bond Backtested Returns
At this stage we consider Jpmorgan Mutual Fund to be very steady. Jpmorgan Government Bond holds Efficiency (Sharpe) Ratio of 0.0704, which attests that the entity had a 0.0704 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Jpmorgan Government Bond, which you can use to evaluate the volatility of the entity. Please check out Jpmorgan Government's Downside Deviation of 0.291, risk adjusted performance of (0.02), and Market Risk Adjusted Performance of (0.45) to validate if the risk estimate we provide is consistent with the expected return of 0.0212%. The fund retains a Market Volatility (i.e., Beta) of 0.0208, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Jpmorgan Government's returns are expected to increase less than the market. However, during the bear market, the loss of holding Jpmorgan Government is expected to be smaller as well.
Auto-correlation | 0.02 |
Virtually no predictability
Jpmorgan Government Bond has virtually no predictability. Overlapping area represents the amount of predictability between Jpmorgan Government time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 Jpmorgan Government Bond price movement. The serial correlation of 0.02 indicates that only 2.0% of current Jpmorgan Government price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.02 | |
| Spearman Rank Test | 0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Jpmorgan Government Bond lagged returns against current returns
Autocorrelation, which is Jpmorgan Government mutual 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 Jpmorgan Government's mutual fund expected returns. We can calculate the autocorrelation of Jpmorgan Government returns to help us make a trade decision. For example, suppose you find that Jpmorgan Government has exhibited high autocorrelation historically, and you observe that the mutual 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 |
Jpmorgan Government 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 Jpmorgan Government mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jpmorgan Government mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jpmorgan Government mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Jpmorgan Government Lagged Returns
When evaluating Jpmorgan Government's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jpmorgan Government mutual fund have on its future price. Jpmorgan Government 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, Jpmorgan Government autocorrelation shows the relationship between Jpmorgan Government mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Jpmorgan Government Bond.
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 Jpmorgan Mutual Fund
Jpmorgan Government financial ratios help investors to determine whether Jpmorgan Mutual 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 Jpmorgan with respect to the benefits of owning Jpmorgan Government security.
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk |