Jpmorgan Intrepid Correlations

ODMCX Fund

USD 10.50 0.04 0.38%

The current 90-days correlation between Jpmorgan Intrepid Mid and Mutual Of America is 0.78 (i.e., Poor diversification). The correlation of Jpmorgan Intrepid 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 Intrepid Correlation With Market

Poor diversification

The correlation between Jpmorgan Intrepid Mid and DJI is 0.76 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Jpmorgan Intrepid Mid and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Jpmorgan Intrepid Mid. 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 private.

Moving together with Jpmorgan Mutual Fund

0.7

JPPEX

Jpmorgan Mid Cap

Pair Corr

Moving against Jpmorgan Mutual Fund

0.71	JPDAX	Jpmorgan Preferred And	Pair Corr
0.68	JPDIX	Jpmorgan Preferred And	Pair Corr
0.66	JPDCX	Jpmorgan Preferred And	Pair Corr
0.54	JPBRX	Jpmorgan Smartretirement*	Pair Corr
0.51	JPDRX	Jpmorgan Preferred And	Pair Corr
0.4	JPGSX	Jpmorgan Intrepid Growth	Pair Corr
0.38	JPDVX	Jpmorgan Diversified	Pair Corr
0.77	OSTCX	Jpmorgan Short Duration	Pair Corr
0.65	JPICX	Jpmorgan California Tax	Pair Corr
0.59	OBDCX	Jpmorgan E Plus	Pair Corr
0.53	JPTKX	Jpmorgan Smartretirement*	Pair Corr
0.52	JPRRX	Jpmorgan Smartretirement	Pair Corr
0.39	JPSRX	Jpmorgan Smartretirement*	Pair Corr
0.31	JPTLX	Jpmorgan Smartretirement*	Pair Corr
0.79	TXRRX	Jpmorgan Tax Aware	Pair Corr
0.73	TXRAX	Jpmorgan Tax Aware	Pair Corr
0.71	TXRCX	Jpmorgan Tax Aware	Pair Corr
0.6	EMREX	Jpmorgan Trust Iv	Pair Corr
0.59	TXRIX	Jpmorgan Tax Aware	Pair Corr
0.57	JPVZX	Jpmorgan International	Pair Corr

Related Correlations Analysis

	MAMOX	LSAAX	LMUSX	BBISX	GMLVX	DFELX
MAMOX		0.93	0.96	0.89	0.93	0.98	MAMOX
LSAAX	0.93		0.9	0.88	0.95	0.95	LSAAX
LMUSX	0.96	0.9		0.9	0.93	0.98	LMUSX
BBISX	0.89	0.88	0.9		0.86	0.89	BBISX
GMLVX	0.93	0.95	0.93	0.86		0.94	GMLVX
DFELX	0.98	0.95	0.98	0.89	0.94		DFELX
	MAMOX	LSAAX	LMUSX	BBISX	GMLVX	DFELX

Risk-Adjusted Indicators

There is a big difference between Jpmorgan Mutual Fund performing well and Jpmorgan Intrepid 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 Intrepid'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 Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
MAMOX	0.35	0.01	(0.02)	0.08	0.47	(0.34)	0.74	(0.74)	2.17
LSAAX	0.45	0.03	0.02	0.10	0.57	(0.51)	1.09	(0.87)	3.21
LMUSX	0.56	0.03	0.03	0.09	0.76	(0.52)	1.25	(1.38)	3.59
BBISX	0.54	0.04	0.05	0.10	0.53	(0.59)	1.25	(1.27)	3.29
GMLVX	0.67	0.05	0.03	0.13	0.81	(0.73)	1.35	(1.05)	4.38
DFELX	0.56	0.02	0.02	0.08	0.81	(0.56)	1.24	(1.17)	3.61

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