Jpmorgan Intrepid Value Fund Market Value
| JIVCX Fund | USD 28.55 0.15 0.52% |
| Symbol | Jpmorgan |
Jpmorgan Intrepid '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 Intrepid'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 Intrepid.
| 03/27/2024 |
| 04/26/2024 |
If you would invest 0.00 in Jpmorgan Intrepid on March 27, 2024 and sell it all today you would earn a total of 0.00 from holding Jpmorgan Intrepid Value or generate 0.0% return on investment in Jpmorgan Intrepid over 30 days. Jpmorgan Intrepid is related to or competes with Tax-managed International, Rbc Funds, Alternative Asset, Boyd Watterson, Materials Portfolio, Rational Real, and Victory Floating. The investment seeks to provide long-term capital appreciation More
Jpmorgan Intrepid 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 Intrepid'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 Intrepid Value upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6702 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 2.73 | |||
| Value At Risk | (1.24) | |||
| Potential Upside | 0.9136 |
Jpmorgan Intrepid Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jpmorgan Intrepid's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jpmorgan Intrepid's standard deviation. In reality, there are many statistical measures that can use Jpmorgan Intrepid historical prices to predict the future Jpmorgan Intrepid's volatility.| Risk Adjusted Performance | 0.0689 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0659 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Jpmorgan Intrepid'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 Intrepid Value Backtested Returns
We consider Jpmorgan Intrepid very steady. Jpmorgan Intrepid Value holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Jpmorgan Intrepid Value, which you can use to evaluate the volatility of the entity. Please check out Jpmorgan Intrepid's Market Risk Adjusted Performance of 0.0759, downside deviation of 0.6702, and Risk Adjusted Performance of 0.0689 to validate if the risk estimate we provide is consistent with the expected return of 0.0683%. The fund retains a Market Volatility (i.e., Beta) of 0.89, which attests to possible diversification benefits within a given portfolio. Jpmorgan Intrepid returns are very sensitive to returns on the market. As the market goes up or down, Jpmorgan Intrepid is expected to follow.
Auto-correlation | -0.14 |
Insignificant reverse predictability
Jpmorgan Intrepid Value has insignificant reverse predictability. Overlapping area represents the amount of predictability between Jpmorgan Intrepid time series from 27th of March 2024 to 11th of April 2024 and 11th of April 2024 to 26th of April 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 Intrepid Value price movement. The serial correlation of -0.14 indicates that less than 14.0% of current Jpmorgan Intrepid price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.14 | |
| Spearman Rank Test | -0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Jpmorgan Intrepid Value lagged returns against current returns
Autocorrelation, which is Jpmorgan Intrepid 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 Intrepid's mutual fund expected returns. We can calculate the autocorrelation of Jpmorgan Intrepid returns to help us make a trade decision. For example, suppose you find that Jpmorgan Intrepid 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 Intrepid 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 Intrepid mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jpmorgan Intrepid 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 Intrepid mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Jpmorgan Intrepid Lagged Returns
When evaluating Jpmorgan Intrepid's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jpmorgan Intrepid mutual fund have on its future price. Jpmorgan Intrepid 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 Intrepid autocorrelation shows the relationship between Jpmorgan Intrepid mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Jpmorgan Intrepid Value.
Regressed Prices |
| Timeline |
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Jpmorgan Intrepid 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.