Jpmorgan Diversified Return Etf Market Value

JPEM Etf  USD 53.31  0.06  0.11%   
JPMorgan Diversified's market value is the price at which a share of JPMorgan Diversified trades on a public exchange. It measures the collective expectations of JPMorgan Diversified Return investors about its performance. JPMorgan Diversified is selling at 53.31 as of the 3rd of December 2024; that is 0.11 percent decrease since the beginning of the trading day. The etf's lowest day price was 53.16.
With this module, you can estimate the performance of a buy and hold strategy of JPMorgan Diversified Return and determine expected loss or profit from investing in JPMorgan Diversified over a given investment horizon. Check out JPMorgan Diversified Correlation, JPMorgan Diversified Volatility and JPMorgan Diversified Alpha and Beta module to complement your research on JPMorgan Diversified.
Symbol

The market value of JPMorgan Diversified is measured differently than its book value, which is the value of JPMorgan that is recorded on the company's balance sheet. Investors also form their own opinion of JPMorgan Diversified's value that differs from its market value or its book value, called intrinsic value, which is JPMorgan Diversified's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because JPMorgan Diversified's market value can be influenced by many factors that don't directly affect JPMorgan Diversified's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between JPMorgan Diversified's value and its price as these two are different measures arrived at by different means. Investors typically determine if JPMorgan Diversified is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JPMorgan Diversified'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 Diversified '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 Diversified'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 JPMorgan Diversified.
0.00
12/14/2022
No Change 0.00  0.0 
In 1 year 11 months and 21 days
12/03/2024
0.00
If you would invest  0.00  in JPMorgan Diversified on December 14, 2022 and sell it all today you would earn a total of 0.00 from holding JPMorgan Diversified Return or generate 0.0% return on investment in JPMorgan Diversified over 720 days. JPMorgan Diversified is related to or competes with JPMorgan Diversified, JPMorgan Diversified, JPMorgan Diversified, JPMorgan Diversified, and SPDR MSCI. The fund will invest at least 80 percent of its assets in securities included in the underlying index More

JPMorgan Diversified 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 Diversified'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 JPMorgan Diversified Return upside and downside potential and time the market with a certain degree of confidence.

JPMorgan Diversified Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for JPMorgan Diversified's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as JPMorgan Diversified's standard deviation. In reality, there are many statistical measures that can use JPMorgan Diversified historical prices to predict the future JPMorgan Diversified's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of JPMorgan Diversified's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
52.3853.3154.24
Details
Intrinsic
Valuation
LowRealHigh
52.8853.8154.74
Details
Naive
Forecast
LowNextHigh
51.5952.5153.44
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
53.2653.8254.37
Details

JPMorgan Diversified Backtested Returns

JPMorgan Diversified holds Efficiency (Sharpe) Ratio of -0.0021, which attests that the entity had a -0.0021% return per unit of volatility over the last 3 months. JPMorgan Diversified exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out JPMorgan Diversified's market risk adjusted performance of (0.08), and Risk Adjusted Performance of (0.01) to validate the risk estimate we provide. The etf retains a Market Volatility (i.e., Beta) of 0.26, which attests to not very significant fluctuations relative to the market. As returns on the market increase, JPMorgan Diversified's returns are expected to increase less than the market. However, during the bear market, the loss of holding JPMorgan Diversified is expected to be smaller as well.

Auto-correlation

    
  0.25  

Poor predictability

JPMorgan Diversified Return has poor predictability. Overlapping area represents the amount of predictability between JPMorgan Diversified time series from 14th of December 2022 to 9th of December 2023 and 9th of December 2023 to 3rd 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 Diversified price movement. The serial correlation of 0.25 indicates that over 25.0% of current JPMorgan Diversified price fluctuation can be explain by its past prices.
Correlation Coefficient0.25
Spearman Rank Test0.33
Residual Average0.0
Price Variance2.95

JPMorgan Diversified lagged returns against current returns

Autocorrelation, which is JPMorgan Diversified 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 JPMorgan Diversified's etf expected returns. We can calculate the autocorrelation of JPMorgan Diversified returns to help us make a trade decision. For example, suppose you find that JPMorgan Diversified 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  

JPMorgan Diversified 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 Diversified etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if JPMorgan Diversified etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in JPMorgan Diversified etf over time.
   Current vs Lagged Prices   
       Timeline  

JPMorgan Diversified Lagged Returns

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

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When determining whether JPMorgan Diversified is a strong investment it is important to analyze JPMorgan Diversified's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact JPMorgan Diversified's future performance. For an informed investment choice regarding JPMorgan Etf, refer to the following important reports:
Check out JPMorgan Diversified Correlation, JPMorgan Diversified Volatility and JPMorgan Diversified Alpha and Beta module to complement your research on JPMorgan Diversified.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
JPMorgan Diversified technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
A focus of JPMorgan Diversified technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of JPMorgan Diversified trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...