Jpmorgan Chase Co Preferred Stock Market Value
| JPM-PL Preferred Stock | USD 21.32 0.02 0.09% |
| Symbol | JPMorgan |
JPMorgan Chase '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 Chase'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 JPMorgan Chase.
| 06/05/2024 |
| 12/02/2024 |
If you would invest 0.00 in JPMorgan Chase on June 5, 2024 and sell it all today you would earn a total of 0.00 from holding JPMorgan Chase Co or generate 0.0% return on investment in JPMorgan Chase over 180 days. JPMorgan Chase is related to or competes with JPMorgan Chase, JPMorgan Chase, Wells Fargo, Wells Fargo, and Bank of America. JPMorgan Chase Co. operates as a financial services company worldwide More
JPMorgan Chase 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 Chase'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 JPMorgan Chase Co upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 4.33 | |||
| Value At Risk | (1.46) | |||
| Potential Upside | 1.12 |
JPMorgan Chase Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for JPMorgan Chase's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as JPMorgan Chase's standard deviation. In reality, there are many statistical measures that can use JPMorgan Chase historical prices to predict the future JPMorgan Chase's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | (1.72) |
JPMorgan Chase Backtested Returns
JPMorgan Chase holds Efficiency (Sharpe) Ratio of -0.0423, which attests that the entity had a -0.0423% return per unit of volatility over the last 3 months. JPMorgan Chase exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out JPMorgan Chase's risk adjusted performance of (0.03), and Market Risk Adjusted Performance of (1.71) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.0236, which attests to not very significant fluctuations relative to the market. As returns on the market increase, JPMorgan Chase's returns are expected to increase less than the market. However, during the bear market, the loss of holding JPMorgan Chase is expected to be smaller as well. At this point, JPMorgan Chase has a negative expected return of -0.0338%. Please make sure to check out JPMorgan Chase's skewness, and the relationship between the treynor ratio and daily balance of power , to decide if JPMorgan Chase performance from the past will be repeated at future time.
Auto-correlation | -0.75 |
Almost perfect reverse predictability
JPMorgan Chase Co has almost perfect reverse predictability. Overlapping area represents the amount of predictability between JPMorgan Chase time series from 5th of June 2024 to 3rd of September 2024 and 3rd of September 2024 to 2nd 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 Chase price movement. The serial correlation of -0.75 indicates that around 75.0% of current JPMorgan Chase price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.75 | |
| Spearman Rank Test | -0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 0.28 |
JPMorgan Chase lagged returns against current returns
Autocorrelation, which is JPMorgan Chase 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 JPMorgan Chase's preferred stock expected returns. We can calculate the autocorrelation of JPMorgan Chase returns to help us make a trade decision. For example, suppose you find that JPMorgan Chase 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 |
JPMorgan Chase 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 Chase preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if JPMorgan Chase preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in JPMorgan Chase preferred stock over time.
Current vs Lagged Prices |
| Timeline |
JPMorgan Chase Lagged Returns
When evaluating JPMorgan Chase's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of JPMorgan Chase preferred stock have on its future price. JPMorgan Chase 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 Chase autocorrelation shows the relationship between JPMorgan Chase preferred stock current value and its past values and can show if there is a momentum factor associated with investing in JPMorgan Chase Co.
Regressed Prices |
| Timeline |
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JPMorgan Chase financial ratios help investors to determine whether JPMorgan Preferred Stock 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 Chase security.