Jpmorgan Betabuilders Japan Etf Net Asset
| BBJP Etf | USD 61.09 0.10 0.16% |
JPMorgan BetaBuilders' fundamental analysis aims to assess its intrinsic value by examining key economic and financial indicators - such as cash flow records, changes in balance sheet accounts, income statement trends, financial ratios, and relevant microeconomic factors affecting JPMorgan Etf price.
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JPMorgan BetaBuilders Japan ETF Net Asset Analysis
JPMorgan BetaBuilders' Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current JPMorgan BetaBuilders Net Asset | 6.03 B |
Most of JPMorgan BetaBuilders' fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, JPMorgan BetaBuilders Japan is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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Based on the recorded statements, JPMorgan BetaBuilders Japan has a Net Asset of 6.03 B. This is much higher than that of the JPMorgan family and significantly higher than that of the Japan Stock category. The net asset for all United States etfs is 163.22% lower than that of the firm.
JPMorgan Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses JPMorgan BetaBuilders' direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of JPMorgan BetaBuilders could also be used in its relative valuation, which is a method of valuing JPMorgan BetaBuilders by comparing valuation metrics of similar companies.JPMorgan BetaBuilders is currently under evaluation in net asset as compared to similar ETFs.
Fund Asset Allocation for JPMorgan BetaBuilders
The fund invests 99.77% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides JPMorgan BetaBuilders' investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
JPMorgan Fundamentals
| Number Of Employees | 633 | |||
| Beta | 0.88 | |||
| Total Asset | 6.03 B | |||
| One Year Return | 10.90 % | |||
| Three Year Return | 12.40 % | |||
| Five Year Return | 7.80 % | |||
| Net Asset | 6.03 B | |||
| Last Dividend Paid | 0.57 | |||
| Equity Positions Weight | 99.77 % |
About JPMorgan BetaBuilders Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze JPMorgan BetaBuilders Japan's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of JPMorgan BetaBuilders using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of JPMorgan BetaBuilders Japan based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with JPMorgan BetaBuilders
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if JPMorgan BetaBuilders position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in JPMorgan BetaBuilders will appreciate offsetting losses from the drop in the long position's value.Moving together with JPMorgan Etf
| 1.0 | EWJ | iShares MSCI Japan | PairCorr |
| 0.8 | DXJ | WisdomTree Japan Hedged | PairCorr |
| 0.99 | FLJP | Franklin FTSE Japan | PairCorr |
| 0.82 | HEWJ | iShares Currency Hedged | PairCorr |
Moving against JPMorgan Etf
The ability to find closely correlated positions to JPMorgan BetaBuilders could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace JPMorgan BetaBuilders when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back JPMorgan BetaBuilders - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling JPMorgan BetaBuilders Japan to buy it.
The correlation of JPMorgan BetaBuilders 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 perfect positive correlation (i.e., a correlation coefficient of +1) implies that as JPMorgan BetaBuilders moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if JPMorgan BetaBuilders moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for JPMorgan BetaBuilders can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out JPMorgan BetaBuilders Piotroski F Score and JPMorgan BetaBuilders Altman Z Score analysis. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
The market value of JPMorgan BetaBuilders is measured differently than its book value, which is the value of JPMorgan that is recorded on the company's balance sheet. Investors also form their own opinion of JPMorgan BetaBuilders' value that differs from its market value or its book value, called intrinsic value, which is JPMorgan BetaBuilders' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because JPMorgan BetaBuilders' market value can be influenced by many factors that don't directly affect JPMorgan BetaBuilders' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between JPMorgan BetaBuilders' value and its price as these two are different measures arrived at by different means. Investors typically determine if JPMorgan BetaBuilders is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JPMorgan BetaBuilders' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.