Jpmorgan Equity Correlations

Mutual Funds . USA . 
Fund . Jpmorgan Equity Index
OGEAX Fund  USD 96.99  1.45  1.52%   
The current 90-days correlation between Jpmorgan Equity Index and Invesco Technology Fund is -0.3 (i.e., Very good diversification). The correlation of Jpmorgan Equity 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 Equity Correlation With Market

Very good diversification

The correlation between Jpmorgan Equity Index and DJI is -0.27 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Jpmorgan Equity Index 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 Equity Index. 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

  0.97SRJIX Jpmorgan SmartretirementPairCorr
  0.97SRJQX Jpmorgan SmartretirementPairCorr
  0.96SRJPX Jpmorgan SmartretirementPairCorr
  0.97SRJSX Jpmorgan SmartretirementPairCorr
  0.97SRJYX Jpmorgan SmartretirementPairCorr
  0.96SRJZX Jpmorgan SmartretirementPairCorr
  0.96SRJCX Jpmorgan SmartretirementPairCorr
  0.99SRJAX Jpmorgan SmartretirementPairCorr
  0.91OSGCX Jpmorgan Small CapPairCorr
  0.94OSGIX Jpmorgan Mid CapPairCorr
  0.97JPBRX Jpmorgan Smartretirement*PairCorr
  0.96JPDIX Jpmorgan Preferred AndPairCorr
  0.99JPDVX Jpmorgan DiversifiedPairCorr
  0.98JPGSX Jpmorgan Intrepid GrowthPairCorr
  0.91OSVCX Jpmorgan Small CapPairCorr
  0.85OBBCX Jpmorgan Mortgage-backedPairCorr
  0.65JPICX Jpmorgan California TaxPairCorr
  0.87OBDCX Jpmorgan E PlusPairCorr
  0.96JPTBX Jpmorgan Smartretirement*PairCorr
  0.97JPTLX Jpmorgan Smartretirement*PairCorr
  0.97JPSRX Jpmorgan SmartretirementPairCorr
  0.84JPVRX Jpmorgan InternationalPairCorr
  0.83JPVZX Jpmorgan InternationalPairCorr
  0.83OBOCX Jpmorgan E BondPairCorr
  0.97JPYRX Jpmorgan SmartretirementPairCorr
  0.95EMRSX Jpmorgan Emerging MarketsPairCorr
  0.86PGBOX Jpmorgan E BondPairCorr
  0.96OCGCX Jpmorgan InvestorPairCorr
  0.95PGSGX Jpmorgan Small CapPairCorr
  0.83TXRIX Jpmorgan Tax AwarePairCorr
  0.8TXRCX Jpmorgan Tax AwarePairCorr
  0.82TXRAX Jpmorgan Tax AwarePairCorr
  0.96JRBYX Jpmorgan SmartretirementPairCorr
  0.96JRBEX Jpmorgan Smartretirement*PairCorr
  0.97JAAYX Jpmorgan SmartretirementPairCorr
  0.96JAABX Jpmorgan SmartretirementPairCorr
  0.79ODMCX Jpmorgan Intrepid MidPairCorr
  0.96JACSX Jpmorgan SmartretirementPairCorr
  0.96JAKZX Jpmorgan SmartretirementPairCorr
  0.96JAKYX Jpmorgan SmartretirementPairCorr

Related Correlations Analysis


Risk-Adjusted Indicators

There is a big difference between Jpmorgan Mutual Fund performing well and Jpmorgan Equity 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 Equity'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