JPM Europe (Germany) Market Value
| JPJJ Fund | EUR 89.68 0.02 0.02% |
| Symbol | JPM |
Please note, there is a significant difference between JPM Europe's value and its price as these two are different measures arrived at by different means. Investors typically determine if JPM Europe is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JPM Europe'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.
JPM Europe '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 JPM Europe's 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 JPM Europe.
| 11/05/2024 |
| 01/04/2025 |
If you would invest 0.00 in JPM Europe on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding JPM Europe Small or generate 0.0% return on investment in JPM Europe over 60 days. JPM Europe is related to or competes with Groupama Entreprises, Renaissance Europe, Superior Plus, Origin Agritech, Identiv, INTUITIVE SURGICAL, and Volkswagen. More
JPM Europe 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 JPM Europe's 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 JPM Europe Small upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 3.79 | |||
| Value At Risk | (1.23) | |||
| Potential Upside | 1.26 |
JPM Europe Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for JPM Europe's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as JPM Europe's standard deviation. In reality, there are many statistical measures that can use JPM Europe historical prices to predict the future JPM Europe's volatility.| Risk Adjusted Performance | (0.0007) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.02) | |||
| Treynor Ratio | 0.0248 |
JPM Europe Small Backtested Returns
JPM Europe Small holds Efficiency (Sharpe) Ratio of -0.0164, which attests that the entity had a -0.0164% return per unit of volatility over the last 3 months. JPM Europe Small exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out JPM Europe's risk adjusted performance of (0.0007), and Market Risk Adjusted Performance of 0.0348 to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of -0.41, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning JPM Europe are expected to decrease at a much lower rate. During the bear market, JPM Europe is likely to outperform the market.
Auto-correlation | 0.65 |
Good predictability
JPM Europe Small has good predictability. Overlapping area represents the amount of predictability between JPM Europe time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th of January 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 JPM Europe Small price movement. The serial correlation of 0.65 indicates that roughly 65.0% of current JPM Europe price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.65 | |
| Spearman Rank Test | 0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.69 |
JPM Europe Small lagged returns against current returns
Autocorrelation, which is JPM Europe 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 JPM Europe's fund expected returns. We can calculate the autocorrelation of JPM Europe returns to help us make a trade decision. For example, suppose you find that JPM Europe has exhibited high autocorrelation historically, and you observe that the 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 |
JPM Europe 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 JPM Europe fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if JPM Europe fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in JPM Europe fund over time.
Current vs Lagged Prices |
| Timeline |
JPM Europe Lagged Returns
When evaluating JPM Europe's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of JPM Europe fund have on its future price. JPM Europe 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, JPM Europe autocorrelation shows the relationship between JPM Europe fund current value and its past values and can show if there is a momentum factor associated with investing in JPM Europe Small.
Regressed Prices |
| Timeline |
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Other Information on Investing in JPM Fund
JPM Europe financial ratios help investors to determine whether JPM 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 JPM with respect to the benefits of owning JPM Europe security.
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