Jpmorgan Strategic Correlations

Mutual Funds . USA . 
Fund . Jpmorgan Strategic Income
JSOAX Fund  USD 11.40  0.01  0.09%   
The current 90-days correlation between Jpmorgan Strategic Income and Thornburg Strategic Income is -0.13 (i.e., Good diversification). The correlation of Jpmorgan Strategic 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 Strategic Correlation With Market

Good diversification

The correlation between Jpmorgan Strategic Income and DJI is -0.18 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Jpmorgan Strategic Income 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 Strategic Income. 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 nation.

Moving together with Jpmorgan Mutual Fund

  0.86SRJIX Jpmorgan SmartretirementPairCorr
  0.86SRJQX Jpmorgan SmartretirementPairCorr
  0.85SRJPX Jpmorgan SmartretirementPairCorr
  0.86SRJSX Jpmorgan SmartretirementPairCorr
  0.86SRJYX Jpmorgan SmartretirementPairCorr
  0.85SRJZX Jpmorgan SmartretirementPairCorr
  0.85SRJCX Jpmorgan SmartretirementPairCorr
  0.85SRJAX Jpmorgan SmartretirementPairCorr
  0.83OSGCX Jpmorgan Small CapPairCorr
  0.77OSGIX Jpmorgan Mid CapPairCorr
  0.79JPBRX Jpmorgan Smartretirement*PairCorr
  0.93JPDAX Jpmorgan Preferred AndPairCorr
  0.88JPDCX Jpmorgan Preferred AndPairCorr
  0.91JPDIX Jpmorgan Preferred AndPairCorr
  0.91JPDRX Jpmorgan Preferred AndPairCorr
  0.85JPDVX Jpmorgan DiversifiedPairCorr
  0.91OSTAX Jpmorgan Short-intermediaPairCorr
  0.91OSTCX Jpmorgan Short DurationPairCorr
  0.88OSVCX Jpmorgan Small CapPairCorr
  0.91OSTSX Jpmorgan Short-intermediaPairCorr
  0.81JPICX Jpmorgan California TaxPairCorr
  0.67JPPEX Jpmorgan Mid CapPairCorr
  0.78JPRRX Jpmorgan SmartretirementPairCorr
  0.79JPTBX Jpmorgan SmartretirementPairCorr
  0.79JPTKX Jpmorgan SmartretirementPairCorr
  0.79JPTLX Jpmorgan SmartretirementPairCorr
  0.79JPSRX Jpmorgan Smartretirement*PairCorr
  0.96JPVRX Jpmorgan InternationalPairCorr
  0.96JPVZX Jpmorgan InternationalPairCorr
  0.8JPYRX Jpmorgan Smartretirement*PairCorr
  0.66EMREX Jpmorgan Trust IvPairCorr
  0.68EMRSX Jpmorgan Emerging MarketsPairCorr

Related Correlations Analysis


Risk-Adjusted Indicators

There is a big difference between Jpmorgan Mutual Fund performing well and Jpmorgan Strategic 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 Strategic'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.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
TSIIX  0.11  0.00 (0.59) 0.17  0.00 
(0.14)
 0.26 
(0.17)
 0.70 
CLREX  0.42  0.06  0.03  0.24  0.25 
(0.50)
 0.80 
(0.75)
 5.21 
CBDYX  0.42  0.06  0.03  0.24  0.25 
(0.50)
 0.77 
(0.73)
 5.12 
TLYIX  0.36  0.02 (0.05) 0.13  0.30 
(0.39)
 0.79 
(0.71)
 1.99 
PRVIX  0.92  0.18  0.24  0.21  0.54 
(1.11)
 1.68 
(1.31)
 13.89 
CBALX  0.42  0.06  0.03  0.24  0.25 
(0.50)
 0.79 
(0.74)
 5.22 
FZAHX  0.82 (0.04)(0.04) 0.04  1.20 
(0.73)
 1.66 
(2.26)
 5.29 
SFLNX  0.53  0.04  0.03  0.14  0.42 
(0.61)
 1.07 
(0.91)
 2.50 
MQGIX  0.56  0.07  0.05  0.21  0.39 
(0.69)
 1.16 
(0.98)
 3.90 
MVCKX  0.71  0.13  0.13  0.25  0.50 
(0.84)
 1.66 
(1.21)
 8.22 

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
2026 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY