JPM China's market value is the price at which a share of JPM China trades on a public exchange. It measures the collective expectations of JPM China A investors about its performance. JPM China is selling for under 17.60 as of the 6th of January 2025; that is 1.4% down since the beginning of the trading day. The etf's lowest day price was 17.6. With this module, you can estimate the performance of a buy and hold strategy of JPM China A and determine expected loss or profit from investing in JPM China over a given investment horizon. Check out JPM China Correlation, JPM China Volatility and JPM China Alpha and Beta module to complement your research on JPM China.
Please note, there is a significant difference between JPM China's value and its price as these two are different measures arrived at by different means. Investors typically determine if JPM China is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JPM China'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 China '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 China'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 JPM China.
0.00
12/07/2024
No Change 0.00
0.0
In 30 days
01/06/2025
0.00
If you would invest 0.00 in JPM China on December 7, 2024 and sell it all today you would earn a total of 0.00 from holding JPM China A or generate 0.0% return on investment in JPM China over 30 days. JPM China is related to or competes with WisdomTree Natural, Leverage Shares, Leverage Shares, Leverage Shares, SP 500, Leverage Shares, and Leverage Shares. JPM China is entity of United Kingdom. It is traded as Etf on LSE exchange. More
JPM China 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 China'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 JPM China A upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for JPM China's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as JPM China's standard deviation. In reality, there are many statistical measures that can use JPM China historical prices to predict the future JPM China's volatility.
JPM China A holds Efficiency (Sharpe) Ratio of -0.1, which attests that the entity had a -0.1% return per unit of volatility over the last 3 months. JPM China A exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out JPM China's risk adjusted performance of (0.03), and Market Risk Adjusted Performance of 0.782 to validate the risk estimate we provide. The etf retains a Market Volatility (i.e., Beta) of -0.17, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning JPM China are expected to decrease at a much lower rate. During the bear market, JPM China is likely to outperform the market.
Auto-correlation
0.39
Below average predictability
JPM China A has below average predictability. Overlapping area represents the amount of predictability between JPM China time series from 7th of December 2024 to 22nd of December 2024 and 22nd of December 2024 to 6th 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 China A price movement. The serial correlation of 0.39 indicates that just about 39.0% of current JPM China price fluctuation can be explain by its past prices.
Correlation Coefficient
0.39
Spearman Rank Test
0.6
Residual Average
0.0
Price Variance
0.17
JPM China A lagged returns against current returns
Autocorrelation, which is JPM China 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 JPM China's etf expected returns. We can calculate the autocorrelation of JPM China returns to help us make a trade decision. For example, suppose you find that JPM China 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
JPM China 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 China etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if JPM China etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in JPM China etf over time.
Current vs Lagged Prices
Timeline
JPM China Lagged Returns
When evaluating JPM China's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of JPM China etf have on its future price. JPM China 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 China autocorrelation shows the relationship between JPM China etf current value and its past values and can show if there is a momentum factor associated with investing in JPM China A.
Regressed Prices
Timeline
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
JPM China financial ratios help investors to determine whether JPM Etf 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 China security.