Jpmorgan Smartretirement Income Fund Market Value

JSIQX Fund  USD 16.28  0.05  0.31%   
Jpmorgan Smartretirement's market value is the price at which a share of Jpmorgan Smartretirement trades on a public exchange. It measures the collective expectations of Jpmorgan Smartretirement Income investors about its performance. Jpmorgan Smartretirement is trading at 16.28 as of the 11th of December 2024; that is 0.31% down since the beginning of the trading day. The fund's open price was 16.33.
With this module, you can estimate the performance of a buy and hold strategy of Jpmorgan Smartretirement Income and determine expected loss or profit from investing in Jpmorgan Smartretirement over a given investment horizon. Check out Jpmorgan Smartretirement Correlation, Jpmorgan Smartretirement Volatility and Jpmorgan Smartretirement Alpha and Beta module to complement your research on Jpmorgan Smartretirement.
Symbol

Please note, there is a significant difference between Jpmorgan Smartretirement's value and its price as these two are different measures arrived at by different means. Investors typically determine if Jpmorgan Smartretirement is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jpmorgan Smartretirement'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 Smartretirement '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 Smartretirement's mutual 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 Jpmorgan Smartretirement.
0.00
08/19/2023
No Change 0.00  0.0 
In 1 year 3 months and 26 days
12/11/2024
0.00
If you would invest  0.00  in Jpmorgan Smartretirement on August 19, 2023 and sell it all today you would earn a total of 0.00 from holding Jpmorgan Smartretirement Income or generate 0.0% return on investment in Jpmorgan Smartretirement over 480 days. Jpmorgan Smartretirement is related to or competes with Doubleline Emerging, Black Oak, Transamerica Emerging, Shelton Emerging, Rbc Emerging, Siit Emerging, and Barings Emerging. The fund is a fund of funds that primarily invests in other mutual funds within the same group of investment companies, ... More

Jpmorgan Smartretirement 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 Smartretirement's mutual 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 Jpmorgan Smartretirement Income upside and downside potential and time the market with a certain degree of confidence.

Jpmorgan Smartretirement Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Jpmorgan Smartretirement's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jpmorgan Smartretirement's standard deviation. In reality, there are many statistical measures that can use Jpmorgan Smartretirement historical prices to predict the future Jpmorgan Smartretirement's volatility.
Hype
Prediction
LowEstimatedHigh
15.9816.2816.58
Details
Intrinsic
Valuation
LowRealHigh
15.9516.2516.55
Details
Naive
Forecast
LowNextHigh
16.0416.3416.64
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
15.9516.1616.36
Details

Jpmorgan Smartretirement Backtested Returns

At this stage we consider Jpmorgan Mutual Fund to be very steady. Jpmorgan Smartretirement holds Efficiency (Sharpe) Ratio of 0.0758, which attests that the entity had a 0.0758% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Jpmorgan Smartretirement, which you can use to evaluate the volatility of the entity. Please check out Jpmorgan Smartretirement's Market Risk Adjusted Performance of 0.1051, risk adjusted performance of 0.0683, and Downside Deviation of 0.3113 to validate if the risk estimate we provide is consistent with the expected return of 0.023%. The fund 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 Smartretirement's returns are expected to increase less than the market. However, during the bear market, the loss of holding Jpmorgan Smartretirement is expected to be smaller as well.

Auto-correlation

    
  0.81  

Very good predictability

Jpmorgan Smartretirement Income has very good predictability. Overlapping area represents the amount of predictability between Jpmorgan Smartretirement time series from 19th of August 2023 to 15th of April 2024 and 15th of April 2024 to 11th 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 Smartretirement price movement. The serial correlation of 0.81 indicates that around 81.0% of current Jpmorgan Smartretirement price fluctuation can be explain by its past prices.
Correlation Coefficient0.81
Spearman Rank Test0.82
Residual Average0.0
Price Variance0.18

Jpmorgan Smartretirement lagged returns against current returns

Autocorrelation, which is Jpmorgan Smartretirement mutual 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 Jpmorgan Smartretirement's mutual fund expected returns. We can calculate the autocorrelation of Jpmorgan Smartretirement returns to help us make a trade decision. For example, suppose you find that Jpmorgan Smartretirement has exhibited high autocorrelation historically, and you observe that the mutual 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  

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

Jpmorgan Smartretirement Lagged Returns

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

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Other Information on Investing in Jpmorgan Mutual Fund

Jpmorgan Smartretirement financial ratios help investors to determine whether Jpmorgan Mutual 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 Jpmorgan with respect to the benefits of owning Jpmorgan Smartretirement security.
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