Jpmorgan Intrepid Advantage Fund Quote
| JICAX Fund | USD 66.79 0.84 1.27% |
Performance14 of 100
| Odds Of DistressLess than 16
|
Jpmorgan Intrepid is trading at 66.79 as of the 16th of April 2024; that is 1.27 percent increase since the beginning of the trading day. The fund's open price was 65.95. Jpmorgan Intrepid has less than a 16 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Jpmorgan Intrepid Advantage are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of October 2023 and ending today, the 16th of April 2024. Click here to learn more.
The fund primarily invests in large-cap and mid-cap common stocks, and under normal circumstances, it invests at least 80 percent of its assets in the equity securities of U.S. companies meeting the advisers sustainability criteria. The advisers sustainability criteria are based on a proprietary scoring methodology, which includes an assessment of environmental, social and corporate governance characteristics, qualitative factors, and the advisers subjective judgment as to which companies are sustainable leaders.. More on Jpmorgan Intrepid Advantage
Moving together with Jpmorgan Mutual Fund
| 0.96 | SRJIX | Jpmorgan Smartretirement | PairCorr |
| 0.99 | SRJQX | Jpmorgan Smartretirement | PairCorr |
| 0.99 | SRJPX | Jpmorgan Smartretirement | PairCorr |
| 0.96 | SRJSX | Jpmorgan Smartretirement | PairCorr |
| 0.99 | SRJYX | Jpmorgan Smartretirement | PairCorr |
| 0.96 | SRJZX | Jpmorgan Smartretirement | PairCorr |
| 0.99 | SRJCX | Jpmorgan Smartretirement | PairCorr |
Jpmorgan Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Jpmorgan Intrepid's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Jpmorgan Intrepid or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | JPMorgan Funds, Large Growth Funds, Large Blend Funds, Large Blend, JPMorgan (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 17th of February 2023 |
| Fiscal Year End | June |
Jpmorgan Intrepid Advantage [JICAX] is traded in USA and was established 16th of April 2024. Jpmorgan Intrepid is listed under JPMorgan category by Fama And French industry classification. The fund is listed under Large Blend category and is part of JPMorgan family. This fund currently has accumulated 176.26 M in assets under management (AUM) with no minimum investment requirementsJpmorgan Intrepid is currently producing year-to-date (YTD) return of 10.08% with the current yeild of 0.01%, while the total return for the last 3 years was 8.08%.
Check Jpmorgan Intrepid Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Jpmorgan Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Jpmorgan Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Jpmorgan Intrepid Advantage Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Jpmorgan Intrepid Advantage Mutual Fund Constituents
| MA | Mastercard | Stock | Financials |
| VZ | Verizon Communications | Stock | Communication Services |
| CRM | Salesforce | Stock | Information Technology |
| PEP | PepsiCo | Stock | Consumer Staples |
| LRCX | Lam Research Corp | Stock | Information Technology |
| AXP | American Express | Stock | Financials |
| C | Citigroup | Stock | Financials |
Jpmorgan Intrepid Target Price Odds Analysis
Based on a normal probability distribution, the odds of Jpmorgan Intrepid jumping above the current price in 90 days from now is about 27.33%. The Jpmorgan Intrepid Advantage probability density function shows the probability of Jpmorgan Intrepid mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Jpmorgan Intrepid Advantage has a beta of -0.0305. This indicates as returns on the benchmark increase, returns on holding Jpmorgan Intrepid are expected to decrease at a much lower rate. During a bear market, however, Jpmorgan Intrepid Advantage is likely to outperform the market. Additionally, jpmorgan Intrepid Advantage has an alpha of 0.1201, implying that it can generate a 0.12 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Jpmorgan Intrepid to move above the current price in 90 days from now is about 27.33 (This Jpmorgan Intrepid Advantage probability density function shows the probability of Jpmorgan Mutual Fund to fall within a particular range of prices over 90 days) .
Jpmorgan Intrepid Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Jpmorgan Intrepid market risk premium is the additional return an investor will receive from holding Jpmorgan Intrepid long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Jpmorgan Intrepid. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Jpmorgan Intrepid's alpha and beta are two of the key measurements used to evaluate Jpmorgan Intrepid's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.5533 | |||
| Semi Deviation | 0.4956 | |||
| Standard Deviation | 0.7363 | |||
| Variance | 0.5422 |
Jpmorgan Intrepid Against Markets
Picking the right benchmark for Jpmorgan Intrepid mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Jpmorgan Intrepid mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Jpmorgan Intrepid is critical whether you are bullish or bearish towards Jpmorgan Intrepid Advantage at a given time. Please also check how Jpmorgan Intrepid's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Jpmorgan Intrepid without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Jpmorgan Mutual Fund?
Before investing in Jpmorgan Intrepid, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Jpmorgan Intrepid. To buy Jpmorgan Intrepid fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Jpmorgan Intrepid. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Jpmorgan Intrepid fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Jpmorgan Intrepid Advantage fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Jpmorgan Intrepid Advantage fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Jpmorgan Intrepid Advantage, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Jpmorgan Intrepid Advantage?
The danger of trading Jpmorgan Intrepid Advantage is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Jpmorgan Intrepid is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Jpmorgan Intrepid. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Jpmorgan Intrepid is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jpmorgan Intrepid Advantage. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Jpmorgan Intrepid information on this page should be used as a complementary analysis to other Jpmorgan Intrepid'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 the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.