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JP Morgan Stock Analyst Report

JP Morgan Intrepid America Fund A is a blended large cap fund managed by the current CIO of the U.S. Behavioral Finance Group, Christopher Blum.

Since JP Morgan is a financial conglomerate in itself, there are advantages and dissadvantages to investing with them. One advantage is that their own advisors can steer clients toward the direction of investing in their funds. This can actually be a disadvantage to the market however, as it artificially inflates the prices for their products and can cause lags in those markets.

Behavioral Finance is reacting to the emotions and over valuing or undervaluing of companies based on investors overreaction. The goal would be to capitalize on irrational investors.

Column1 JIAAX SPY
Average Return 0.00678 0.006858
Standard Deviation 0.044188 0.042542
Sharpe Ratio 0.153431 0.161206

SUMMARY OUTPUT              
                 
Regression Statistics              
Multiple R 0.983169              
R Square 0.96662              
Adjusted R Square 0.966335              
Standard Error 0.008108              
Observations 119              
                 
ANOVA                
  df SS MS F Significance F      
Regression 1 0.222715 0.222715 3388.134 3.15E-88      
Residual 117 0.007691 6.57E-05          
Total 118 0.230406            
                 
  Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Lower 95.0% Upper 95.0%
Intercept -0.00022 0.000753 -0.2971 0.766915 -0.00171 0.001267 -0.00171 0.001267
X Variable 1 1.021206 0.017544 58.20768 3.15E-88 0.986461 1.055952 0.986461 1.055952

SUMMARY OUTPUT              
                 
Regression Statistics              
Multiple R 0.985204              
R Square 0.970627              
Adjusted R Square 0.969597              
Standard Error 0.770487              
Observations 119              
                 
ANOVA                
  df SS MS F Significance F      
Regression 4 2236.384 559.096 941.7934 2.65E-86      
Residual 114 67.67614 0.59365          
Total 118 2304.06            
                 
  Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Lower 95.0% Upper 95.0%
Intercept -0.02086 0.089163 -0.23392 0.815465 -0.19749 0.155775 -0.19749 0.155775
X Variable 1 1.007742 0.01892 53.2629 2.17E-82 0.970261 1.045223 0.970261 1.045223
X Variable 2 -0.04058 0.034645 -1.17123 0.243949 -0.10921 0.028055 -0.10921 0.028055
X Variable 3 -0.01798 0.031991 -0.56211 0.575143 -0.08136 0.045391 -0.08136 0.045391
X Variable 4 0.722647 0.449543 1.607515 0.110708 -0.16789 1.613188 -0.16789 1.613188

Ultimately, after looking at the numbers, especially after subtracting the annual expense ratio of 1.04%, there aren't enough statistically relevant outcomes that would tempt me to give a positive suggestion to my client about JIAAX.