Jpmorgan Unconstrained Debt Fund Market Value
| JSISX Fund | USD 9.70 0.01 0.10% |
| Symbol | Jpmorgan |
Jpmorgan Unconstrained '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 Unconstrained'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 Unconstrained.
| 01/21/2023 |
| 01/10/2025 |
If you would invest 0.00 in Jpmorgan Unconstrained on January 21, 2023 and sell it all today you would earn a total of 0.00 from holding Jpmorgan Unconstrained Debt or generate 0.0% return on investment in Jpmorgan Unconstrained over 720 days. Jpmorgan Unconstrained is related to or competes with Tax-managed, Ab Small, Glg Intl, Sp Smallcap, Kinetics Small, Champlain Small, and Ab Small. Under normal circumstances, the fund invests at least 80 percent of its assets in debt investments More
Jpmorgan Unconstrained 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 Unconstrained'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 Unconstrained Debt upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.25) | |||
| Maximum Drawdown | 0.8218 | |||
| Value At Risk | (0.31) | |||
| Potential Upside | 0.2053 |
Jpmorgan Unconstrained Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jpmorgan Unconstrained's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jpmorgan Unconstrained's standard deviation. In reality, there are many statistical measures that can use Jpmorgan Unconstrained historical prices to predict the future Jpmorgan Unconstrained's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.02) | |||
| Treynor Ratio | (0.53) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Jpmorgan Unconstrained's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Jpmorgan Unconstrained Backtested Returns
Jpmorgan Unconstrained holds Efficiency (Sharpe) Ratio of -0.0455, which attests that the entity had a -0.0455% return per unit of risk over the last 3 months. Jpmorgan Unconstrained exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Jpmorgan Unconstrained's Market Risk Adjusted Performance of (0.52), risk adjusted performance of (0.09), and Standard Deviation of 0.1431 to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of 0.0336, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Jpmorgan Unconstrained's returns are expected to increase less than the market. However, during the bear market, the loss of holding Jpmorgan Unconstrained is expected to be smaller as well.
Auto-correlation | 0.51 |
Modest predictability
Jpmorgan Unconstrained Debt has modest predictability. Overlapping area represents the amount of predictability between Jpmorgan Unconstrained time series from 21st of January 2023 to 16th of January 2024 and 16th of January 2024 to 10th 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 Jpmorgan Unconstrained price movement. The serial correlation of 0.51 indicates that about 51.0% of current Jpmorgan Unconstrained price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.51 | |
| Spearman Rank Test | 0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Jpmorgan Unconstrained lagged returns against current returns
Autocorrelation, which is Jpmorgan Unconstrained 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 Unconstrained's mutual fund expected returns. We can calculate the autocorrelation of Jpmorgan Unconstrained returns to help us make a trade decision. For example, suppose you find that Jpmorgan Unconstrained 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 Unconstrained 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 Unconstrained mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jpmorgan Unconstrained 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 Unconstrained mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Jpmorgan Unconstrained Lagged Returns
When evaluating Jpmorgan Unconstrained's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jpmorgan Unconstrained mutual fund have on its future price. Jpmorgan Unconstrained 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 Unconstrained autocorrelation shows the relationship between Jpmorgan Unconstrained mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Jpmorgan Unconstrained Debt.
Regressed Prices |
| Timeline |
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Other Information on Investing in Jpmorgan Mutual Fund
Jpmorgan Unconstrained 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 Unconstrained security.
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