Jpmorgan International Correlations

Mutual Funds . USA . 
Fund . Jpmorgan International Equity
JSEAX Fund  USD 21.48  0.09  0.42%   
The current 90-days correlation between Jpmorgan International and Jpmorgan Emerging Markets is 0.52 (i.e., Very weak diversification). The correlation of Jpmorgan International 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 International Correlation With Market

Good diversification

The correlation between Jpmorgan International Equity and DJI is -0.12 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Jpmorgan International Equity 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 International Equity. 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

  0.76SRJIX Jpmorgan SmartretirementPairCorr
  0.76SRJQX Jpmorgan SmartretirementPairCorr
  0.76SRJPX Jpmorgan SmartretirementPairCorr
  0.76SRJSX Jpmorgan SmartretirementPairCorr
  0.76SRJYX Jpmorgan SmartretirementPairCorr
  0.76SRJZX Jpmorgan SmartretirementPairCorr
  0.76SRJCX Jpmorgan SmartretirementPairCorr
  0.76SRJAX Jpmorgan SmartretirementPairCorr
  0.74OSGCX Jpmorgan Small CapPairCorr
  0.77OSGIX Jpmorgan Mid CapPairCorr
  0.9JPBRX Jpmorgan SmartretirementPairCorr
  0.71JPDAX Jpmorgan Preferred AndPairCorr
  0.84JPDCX Jpmorgan Preferred AndPairCorr
  0.84JPDIX Jpmorgan Preferred AndPairCorr
  0.71JPDRX Jpmorgan Preferred AndPairCorr
  0.77JPDVX Jpmorgan DiversifiedPairCorr
  0.78JPGSX Jpmorgan Intrepid GrowthPairCorr
  0.83OSTAX Jpmorgan Short InterPairCorr
  0.61OSTCX Jpmorgan Short DurationPairCorr
  0.62JPIVX Jpmorgan Intrepid ValuePairCorr
  0.77OSVCX Jpmorgan Small CapPairCorr
  0.78JPICX Jpmorgan California TaxPairCorr
  0.88JPPEX Jpmorgan Mid CapPairCorr
  0.78JPRRX Jpmorgan SmartretirementPairCorr
  0.91JPTBX Jpmorgan Smartretirement*PairCorr
  0.9JPTKX Jpmorgan Smartretirement*PairCorr
  0.78JPTLX Jpmorgan SmartretirementPairCorr
  0.9JPSRX Jpmorgan Smartretirement*PairCorr
  0.96JPVRX Jpmorgan InternationalPairCorr
  0.75JPVZX Jpmorgan InternationalPairCorr
  0.9JPYRX Jpmorgan Smartretirement*PairCorr
  0.73EMREX Jpmorgan Trust IvPairCorr
  0.85EMRSX Jpmorgan Emerging MarketsPairCorr

Related Correlations Analysis

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Risk-Adjusted Indicators

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

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