JPMORGAN Mutual Fund Market Value

GBOCX
 Fund
  

USD 9.38  0.01  0.11%   

JPMORGAN GLOBAL's market value is the price at which a share of JPMORGAN GLOBAL stock trades on a public exchange. It measures the collective expectations of JPMORGAN GLOBAL BOND investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of JPMORGAN GLOBAL BOND and determine expected loss or profit from investing in JPMORGAN GLOBAL over a given investment horizon. Please check JPMORGAN GLOBAL Correlation, JPMORGAN GLOBAL Volatility and JPMORGAN GLOBAL Alpha and Beta module to complement your research on JPMORGAN GLOBAL.
Symbol

Please note, there is a significant difference between JPMORGAN GLOBAL's value and its price as these two are different measures arrived at by different means. Investors typically determine JPMORGAN GLOBAL value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JPMORGAN GLOBAL'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 GLOBAL '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 GLOBAL'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 GLOBAL.
0.00
11/01/2022
No Change 0.00  0.0 
In 31 days
12/01/2022
0.00
If you would invest  0.00  in JPMORGAN GLOBAL on November 1, 2022 and sell it all today you would earn a total of 0.00 from holding JPMORGAN GLOBAL BOND or generate 0.0% return on investment in JPMORGAN GLOBAL over 30 days. JPMORGAN GLOBAL is related to or competes with Alcoa Corp, Bondbloxx ETF, and FT Cboe. Under normal circumstances, the fund will invest at least 80 percent of its assets in bonds More

JPMORGAN GLOBAL 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 GLOBAL'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 GLOBAL BOND upside and downside potential and time the market with a certain degree of confidence.

JPMORGAN GLOBAL Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for JPMORGAN GLOBAL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as JPMORGAN GLOBAL's standard deviation. In reality, there are many statistical measures that can use JPMORGAN GLOBAL historical prices to predict the future JPMORGAN GLOBAL's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of JPMORGAN GLOBAL'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. Please use the tools below to analyze the current value of JPMORGAN GLOBAL in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
9.079.389.69
Details
Intrinsic
Valuation
LowReal ValueHigh
9.029.339.64
Details
Naive
Forecast
LowNext ValueHigh
9.099.409.70
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
9.029.249.46
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as JPMORGAN GLOBAL. Your research has to be compared to or analyzed against JPMORGAN GLOBAL's peers to derive any actionable benefits. When done correctly, JPMORGAN GLOBAL's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in JPMORGAN GLOBAL BOND.

JPMORGAN GLOBAL BOND Backtested Returns

We consider JPMORGAN GLOBAL very steady. JPMORGAN GLOBAL BOND holds Efficiency (Sharpe) Ratio of 0.0352, which attests that the entity had 0.0352% of return per unit of volatility over the last 3 months. Our approach towards determining the volatility of a fund is to use all available market data together with fund-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for JPMORGAN GLOBAL BOND, which you can use to evaluate the future volatility of the entity. Please check out JPMORGAN GLOBAL risk adjusted performance of (0.08), and Market Risk Adjusted Performance of (0.82) to validate if the risk estimate we provide is consistent with the expected return of 0.0108%.
The fund retains a Market Volatility (i.e., Beta) of 0.0232, which attests to not very significant fluctuations relative to the market. Let's try to break down what JPMORGAN's beta means in this case. As returns on the market increase, JPMORGAN GLOBAL returns are expected to increase less than the market. However, during the bear market, the loss on holding JPMORGAN GLOBAL will be expected to be smaller as well. Although it is important to respect JPMORGAN GLOBAL BOND current price history, it is better to be realistic regarding the information on the equity's current price movements. The approach towards determining future performance of any fund is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing JPMORGAN GLOBAL BOND technical indicators, you can now evaluate if the expected return of 0.0108% will be sustainable into the future.

Auto-correlation

    
  0.71  

Good predictability

JPMORGAN GLOBAL BOND has good predictability. Overlapping area represents the amount of predictability between JPMORGAN GLOBAL time series from 1st of November 2022 to 16th of November 2022 and 16th of November 2022 to 1st of December 2022. 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 GLOBAL BOND price movement. The serial correlation of 0.71 indicates that around 71.0% of current JPMORGAN GLOBAL price fluctuation can be explain by its past prices.
Correlation Coefficient0.71
Spearman Rank Test0.68
Residual Average0.0
Price Variance0.0

JPMORGAN GLOBAL BOND lagged returns against current returns

Autocorrelation, which is JPMORGAN GLOBAL 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 GLOBAL's mutual fund expected returns. We can calculate the autocorrelation of JPMORGAN GLOBAL returns to help us make a trade decision. For example, suppose you find that JPMORGAN GLOBAL mutual fund has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
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       Timeline  

JPMORGAN GLOBAL 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 GLOBAL mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if JPMORGAN GLOBAL 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 GLOBAL mutual fund over time.
   Current vs Lagged Prices   
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       Timeline  

JPMORGAN GLOBAL Lagged Returns

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

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards JPMORGAN GLOBAL in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, JPMORGAN GLOBAL's short interest history, or implied volatility extrapolated from JPMORGAN GLOBAL options trading.

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as JPMORGAN GLOBAL BOND using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

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Please check JPMORGAN GLOBAL Correlation, JPMORGAN GLOBAL Volatility and JPMORGAN GLOBAL Alpha and Beta module to complement your research on JPMORGAN GLOBAL. Note that the JPMORGAN GLOBAL BOND information on this page should be used as a complementary analysis to other JPMORGAN GLOBAL's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Price Transformation module to use Price Transformation models to analyze depth of different equity instruments across global markets.

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When running JPMORGAN GLOBAL BOND price analysis, check to measure JPMORGAN GLOBAL's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy JPMORGAN GLOBAL is operating at the current time. Most of JPMORGAN GLOBAL's value examination focuses on studying past and present price action to predict the probability of JPMORGAN GLOBAL's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move JPMORGAN GLOBAL's price. Additionally, you may evaluate how the addition of JPMORGAN GLOBAL to your portfolios can decrease your overall portfolio volatility.
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JPMORGAN GLOBAL technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
A focus of JPMORGAN GLOBAL technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of JPMORGAN GLOBAL trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...