JPM P is selling for 21.02 as of the 21st of December 2024. This is a 0.43 percent up since the beginning of the trading day. The preferred stock's last reported lowest price was 20.95. JPM P has hardly any chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 21st of November 2024 and ending today, the 21st of December 2024. Click here to learn more.
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with JPM P preferred stock to make a market-neutral strategy. Peer analysis of JPM P could also be used in its relative valuation, which is a method of valuing JPM P by comparing valuation metrics with similar companies.