Jpmorgan Tech Leaders Etf Performance
| JTEK Etf | 70.87 0.41 0.58% |
The etf retains a Market Volatility (i.e., Beta) of -0.14, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning JPMorgan Tech are expected to decrease at a much lower rate. During the bear market, JPMorgan Tech is likely to outperform the market.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days JPMorgan Tech Leaders has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest conflicting performance, the Etf's technical and fundamental indicators remain persistent and the latest mess on Wall Street may also be a sign of long-standing gains for the ETF venture institutional investors. ...more
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JPMorgan Tech Relative Risk vs. Return Landscape
If you would invest 7,906 in JPMorgan Tech Leaders on December 24, 2024 and sell it today you would lose (819.00) from holding JPMorgan Tech Leaders or give up 10.36% of portfolio value over 90 days. JPMorgan Tech Leaders is currently does not generate positive expected returns and assumes 2.0615% risk (volatility on return distribution) over the 90 days horizon. In different words, 18% of etfs are less volatile than JPMorgan, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
JPMorgan Tech Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for JPMorgan Tech's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as JPMorgan Tech Leaders, and traders can use it to determine the average amount a JPMorgan Tech's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0781
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| Negative Returns | JTEK |
Estimated Market Risk
| 2.06 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.16 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average JPMorgan Tech is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of JPMorgan Tech by adding JPMorgan Tech to a well-diversified portfolio.
About JPMorgan Tech Performance
By examining JPMorgan Tech's fundamental ratios, stakeholders can obtain critical insights into JPMorgan Tech's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that JPMorgan Tech is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| JPMorgan Tech generated a negative expected return over the last 90 days |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JPMorgan Tech Leaders. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
The market value of JPMorgan Tech Leaders is measured differently than its book value, which is the value of JPMorgan that is recorded on the company's balance sheet. Investors also form their own opinion of JPMorgan Tech's value that differs from its market value or its book value, called intrinsic value, which is JPMorgan Tech's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because JPMorgan Tech's market value can be influenced by many factors that don't directly affect JPMorgan Tech's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between JPMorgan Tech's value and its price as these two are different measures arrived at by different means. Investors typically determine if JPMorgan Tech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JPMorgan Tech'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.