Jpm P J Preferred Stock Market Value
| JPM-P-J Preferred Stock | 20.80 0.15 0.72% |
| Symbol | JPM |
JPM P '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 P's preferred stock 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 P.
| 11/30/2024 |
| 12/30/2024 |
If you would invest 0.00 in JPM P on November 30, 2024 and sell it all today you would earn a total of 0.00 from holding JPM P J or generate 0.0% return on investment in JPM P over 30 days.
JPM P 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 P's preferred stock 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 P J upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.31) | |||
| Maximum Drawdown | 3.38 | |||
| Value At Risk | (1.47) | |||
| Potential Upside | 0.9443 |
JPM P Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for JPM P's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as JPM P's standard deviation. In reality, there are many statistical measures that can use JPM P historical prices to predict the future JPM P's volatility.| Risk Adjusted Performance | (0.22) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.25) | |||
| Treynor Ratio | 3.58 |
JPM P J Backtested Returns
JPM P J holds Efficiency (Sharpe) Ratio of -0.27, which attests that the entity had a -0.27% return per unit of volatility over the last 3 months. JPM P J exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out JPM P's risk adjusted performance of (0.22), and Market Risk Adjusted Performance of 3.59 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.0632, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning JPM P are expected to decrease at a much lower rate. During the bear market, JPM P is likely to outperform the market. At this point, JPM P J has a negative expected return of -0.22%. Please make sure to check out JPM P's maximum drawdown, daily balance of power, period momentum indicator, as well as the relationship between the skewness and day typical price , to decide if JPM P J performance from the past will be repeated at future time.
Auto-correlation | 0.55 |
Modest predictability
JPM P J has modest predictability. Overlapping area represents the amount of predictability between JPM P time series from 30th of November 2024 to 15th of December 2024 and 15th of December 2024 to 30th 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 JPM P J price movement. The serial correlation of 0.55 indicates that about 55.0% of current JPM P price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.55 | |
| Spearman Rank Test | 0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
JPM P J lagged returns against current returns
Autocorrelation, which is JPM P preferred stock'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 P's preferred stock expected returns. We can calculate the autocorrelation of JPM P returns to help us make a trade decision. For example, suppose you find that JPM P has exhibited high autocorrelation historically, and you observe that the preferred stock 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 P 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 P preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if JPM P preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in JPM P preferred stock over time.
Current vs Lagged Prices |
| Timeline |
JPM P Lagged Returns
When evaluating JPM P's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of JPM P preferred stock have on its future price. JPM P 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 P autocorrelation shows the relationship between JPM P preferred stock current value and its past values and can show if there is a momentum factor associated with investing in JPM P J.
Regressed Prices |
| Timeline |
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