Jpmorgan Hedged Equity Fund Market Value

JHDRX Fund  USD 18.59  0.12  0.65%   
Jpmorgan Hedged's market value is the price at which a share of Jpmorgan Hedged trades on a public exchange. It measures the collective expectations of Jpmorgan Hedged Equity investors about its performance. Jpmorgan Hedged is trading at 18.59 as of the 22nd of December 2024; that is 0.65% up since the beginning of the trading day. The fund's open price was 18.47.
With this module, you can estimate the performance of a buy and hold strategy of Jpmorgan Hedged Equity and determine expected loss or profit from investing in Jpmorgan Hedged over a given investment horizon. Check out Jpmorgan Hedged Correlation, Jpmorgan Hedged Volatility and Jpmorgan Hedged Alpha and Beta module to complement your research on Jpmorgan Hedged.
Symbol

Please note, there is a significant difference between Jpmorgan Hedged's value and its price as these two are different measures arrived at by different means. Investors typically determine if Jpmorgan Hedged is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jpmorgan Hedged'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.

Jpmorgan Hedged '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 Hedged'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 Hedged.
0.00
10/23/2024
No Change 0.00  0.0 
In 2 months and 2 days
12/22/2024
0.00
If you would invest  0.00  in Jpmorgan Hedged on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Jpmorgan Hedged Equity or generate 0.0% return on investment in Jpmorgan Hedged over 60 days. Jpmorgan Hedged is related to or competes with Fidelity Sai, Fidelity Sai, Aa Pimco, Fidelity Sai, and Rbc Emerging. Under normal circumstances, the fund invests at least 80 percent of its assets in equity securities More

Jpmorgan Hedged 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 Hedged'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 Hedged Equity upside and downside potential and time the market with a certain degree of confidence.

Jpmorgan Hedged Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Jpmorgan Hedged's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jpmorgan Hedged's standard deviation. In reality, there are many statistical measures that can use Jpmorgan Hedged historical prices to predict the future Jpmorgan Hedged's volatility.
Hype
Prediction
LowEstimatedHigh
18.1518.5919.03
Details
Intrinsic
Valuation
LowRealHigh
18.1318.5719.01
Details

Jpmorgan Hedged Equity Backtested Returns

At this stage we consider Jpmorgan Mutual Fund to be very steady. Jpmorgan Hedged Equity holds Efficiency (Sharpe) Ratio of 0.0829, which attests that the entity had a 0.0829% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Jpmorgan Hedged Equity, which you can use to evaluate the volatility of the entity. Please check out Jpmorgan Hedged's Market Risk Adjusted Performance of 0.071, risk adjusted performance of 0.0567, and Downside Deviation of 0.5595 to validate if the risk estimate we provide is consistent with the expected return of 0.0361%. The fund retains a Market Volatility (i.e., Beta) of 0.42, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Jpmorgan Hedged's returns are expected to increase less than the market. However, during the bear market, the loss of holding Jpmorgan Hedged is expected to be smaller as well.

Auto-correlation

    
  -0.06  

Very weak reverse predictability

Jpmorgan Hedged Equity has very weak reverse predictability. Overlapping area represents the amount of predictability between Jpmorgan Hedged time series from 23rd of October 2024 to 22nd of November 2024 and 22nd of November 2024 to 22nd 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 Jpmorgan Hedged Equity price movement. The serial correlation of -0.06 indicates that barely 6.0% of current Jpmorgan Hedged price fluctuation can be explain by its past prices.
Correlation Coefficient-0.06
Spearman Rank Test0.38
Residual Average0.0
Price Variance0.01

Jpmorgan Hedged Equity lagged returns against current returns

Autocorrelation, which is Jpmorgan Hedged 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 Hedged's mutual fund expected returns. We can calculate the autocorrelation of Jpmorgan Hedged returns to help us make a trade decision. For example, suppose you find that Jpmorgan Hedged 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 Hedged 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 Hedged mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jpmorgan Hedged 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 Hedged mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Jpmorgan Hedged Lagged Returns

When evaluating Jpmorgan Hedged's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jpmorgan Hedged mutual fund have on its future price. Jpmorgan Hedged 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 Hedged autocorrelation shows the relationship between Jpmorgan Hedged mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Jpmorgan Hedged Equity.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Jpmorgan Mutual Fund

Jpmorgan Hedged 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 Hedged security.
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