Jpmorgan Small Correlations

Mutual Funds . USA . 
Fund . Jpmorgan Small Cap
JSEQX Fund  USD 54.95  0.90  1.67%   
The current 90-days correlation between Jpmorgan Small Cap and Icon Information Technology is -0.04 (i.e., Good diversification). The correlation of Jpmorgan Small is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Jpmorgan Small Correlation With Market

Good diversification

The correlation between Jpmorgan Small Cap and DJI is -0.05 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Jpmorgan Small Cap and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jpmorgan Small Cap. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in employment.

Moving together with Jpmorgan Mutual Fund

  0.78SRJIX Jpmorgan SmartretirementPairCorr
  0.84SRJQX Jpmorgan SmartretirementPairCorr
  0.84SRJPX Jpmorgan SmartretirementPairCorr
  0.78SRJSX Jpmorgan SmartretirementPairCorr
  0.84SRJYX Jpmorgan SmartretirementPairCorr
  0.78SRJZX Jpmorgan SmartretirementPairCorr
  0.78SRJCX Jpmorgan SmartretirementPairCorr
  0.84SRJAX Jpmorgan SmartretirementPairCorr
  0.86OSGCX Jpmorgan Small CapPairCorr
  0.82OSGIX Jpmorgan Mid CapPairCorr
  0.82JPBRX Jpmorgan SmartretirementPairCorr
  0.7JPDCX Jpmorgan Preferred AndPairCorr
  0.69JPDIX Jpmorgan Preferred AndPairCorr
  0.7JPDRX Jpmorgan Preferred AndPairCorr
  0.81JPDVX Jpmorgan DiversifiedPairCorr
  0.75JPGSX Jpmorgan Intrepid GrowthPairCorr
  0.75JPHCX Jpmorgan Floating RatePairCorr
  0.67OSTAX Jpmorgan Short-intermediaPairCorr
  0.67OSTCX Jpmorgan Short DurationPairCorr
  0.92OSVCX Jpmorgan Small CapPairCorr
  0.81JPHSX Jpmorgan Floating RatePairCorr
  0.79JPHRX Jpmorgan Floating RatePairCorr
  0.67OSTSX Jpmorgan Short-intermediaPairCorr
  0.94JPPEX Jpmorgan Mid CapPairCorr
  0.82JPRRX Jpmorgan SmartretirementPairCorr
  0.83JPTBX Jpmorgan Smartretirement*PairCorr
  0.82JPTKX Jpmorgan Smartretirement*PairCorr
  0.82JPTLX Jpmorgan Smartretirement*PairCorr
  0.82JPSRX Jpmorgan Smartretirement*PairCorr
  0.65JPVRX Jpmorgan InternationalPairCorr
  0.65JPVZX Jpmorgan InternationalPairCorr
  0.82JPYRX Jpmorgan Smartretirement*PairCorr
  0.76EMREX Jpmorgan Trust IvPairCorr
  0.79EMRSX Jpmorgan Emerging MarketsPairCorr
  0.77OCGCX Jpmorgan InvestorPairCorr

Moving against Jpmorgan Mutual Fund

  0.53JPIVX Jpmorgan Intrepid ValuePairCorr

Related Correlations Analysis


Risk-Adjusted Indicators

There is a big difference between Jpmorgan Mutual Fund performing well and Jpmorgan Small Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Jpmorgan Small's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2025 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY