Jpmorgan Intrepid Value Fund Market Value

JIVAX Fund  USD 29.62  0.34  1.16%   
Jpmorgan Intrepid's market value is the price at which a share of Jpmorgan Intrepid trades on a public exchange. It measures the collective expectations of Jpmorgan Intrepid Value investors about its performance. Jpmorgan Intrepid is trading at 29.62 as of the 23rd of December 2024; that is 1.16% up since the beginning of the trading day. The fund's open price was 29.28.
With this module, you can estimate the performance of a buy and hold strategy of Jpmorgan Intrepid Value and determine expected loss or profit from investing in Jpmorgan Intrepid over a given investment horizon. Check out Jpmorgan Intrepid Correlation, Jpmorgan Intrepid Volatility and Jpmorgan Intrepid Alpha and Beta module to complement your research on Jpmorgan Intrepid.
Symbol

Please note, there is a significant difference between Jpmorgan Intrepid's value and its price as these two are different measures arrived at by different means. Investors typically determine if Jpmorgan Intrepid is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jpmorgan Intrepid'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 Intrepid '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 Intrepid'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 Intrepid.
0.00
10/30/2023
No Change 0.00  0.0 
In 1 year 1 month and 25 days
12/23/2024
0.00
If you would invest  0.00  in Jpmorgan Intrepid on October 30, 2023 and sell it all today you would earn a total of 0.00 from holding Jpmorgan Intrepid Value or generate 0.0% return on investment in Jpmorgan Intrepid over 420 days. Jpmorgan Intrepid is related to or competes with Jpmorgan Smartretirement, Jpmorgan Smartretirement, Jpmorgan Smartretirement, Jpmorgan Smartretirement, Jpmorgan Smartretirement, Jpmorgan Smartretirement, and Jpmorgan Smartretirement. Under normal circumstances, the fund invests at least 80 percent of its assets in equity securities of U.S More

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

Jpmorgan Intrepid Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Jpmorgan Intrepid's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jpmorgan Intrepid's standard deviation. In reality, there are many statistical measures that can use Jpmorgan Intrepid historical prices to predict the future Jpmorgan Intrepid's volatility.
Hype
Prediction
LowEstimatedHigh
28.5729.6230.67
Details
Intrinsic
Valuation
LowRealHigh
29.0730.1231.17
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Jpmorgan Intrepid. Your research has to be compared to or analyzed against Jpmorgan Intrepid's peers to derive any actionable benefits. When done correctly, Jpmorgan Intrepid's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Jpmorgan Intrepid Value.

Jpmorgan Intrepid Value Backtested Returns

Jpmorgan Intrepid Value holds Efficiency (Sharpe) Ratio of -0.11, which attests that the entity had a -0.11% return per unit of risk over the last 3 months. Jpmorgan Intrepid Value exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Jpmorgan Intrepid's Market Risk Adjusted Performance of (0.13), standard deviation of 1.04, and Risk Adjusted Performance of (0.09) to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of 0.89, which attests to possible diversification benefits within a given portfolio. Jpmorgan Intrepid returns are very sensitive to returns on the market. As the market goes up or down, Jpmorgan Intrepid is expected to follow.

Auto-correlation

    
  0.76  

Good predictability

Jpmorgan Intrepid Value has good predictability. Overlapping area represents the amount of predictability between Jpmorgan Intrepid time series from 30th of October 2023 to 27th of May 2024 and 27th of May 2024 to 23rd 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 Intrepid Value price movement. The serial correlation of 0.76 indicates that around 76.0% of current Jpmorgan Intrepid price fluctuation can be explain by its past prices.
Correlation Coefficient0.76
Spearman Rank Test0.71
Residual Average0.0
Price Variance2.03

Jpmorgan Intrepid Value lagged returns against current returns

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

Jpmorgan Intrepid Lagged Returns

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

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Other Information on Investing in Jpmorgan Mutual Fund

Jpmorgan Intrepid 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 Intrepid security.
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