Stock · Banking
JPMorgan real return vs inflation and money printing JPM
JPMorgan Chase & Co. The largest US bank by assets, spanning consumer banking, investment banking and asset management.
Key numbers
- 1-month change
- -6.8%
- Volatility (30-day, annualised)
- 16.7%
JPMorgan real return after inflation and money printing
In dollars and pounds, before and after inflation, since Jan 1985.
+415%JPMorgan after US inflation since 201010.2% a year
Up 699% in dollars since 2010. After US inflation, up 415%. Against money printing, up 191%.
In pounds, up 876%, or up 498% after UK inflation.
- $ nominal
- +699%13.1% a year
- £ nominal
- +876%14.5% a year
- Real $ (US CPI)
- +415%10.2% a year
- Real £ (UK CPI)
- +498%11.2% a year
- vs US M2
- +191%6.6% a year
- Measured from
- Dec 2009to Oct 2026, 16 years 10 months
- JPMorgan, Real $ (US CPI)$333.00
- $ nominal$333.00
- Oct 2026, latest
Loading the chart. Every figure is also in the table below.
| Period | $ nominal | £ nominal | Real $ (US CPI) | Real £ (UK CPI) | vs US M2 |
|---|---|---|---|---|---|
| Past year from Oct 2025 | +7.0% | +6.3% | –a (see note a) | +3.5% | +2.0% |
| 5 years from Oct 2021 | +96.0% 14.4% a year | +103% 15.2% a year | +61.8% 10.1% a year | +60.4% 9.9% a year | +77.7% 12.2% a year |
| Since 2020 from Dec 2019 | +139% 13.6% a year | +140% 13.6% a year | +83.2% 9.3% a year | +81.0% 9.1% a year | +57.1% 6.8% a year |
| 10 years from Oct 2016 | +381% 17.0% a year | +344% 16.1% a year | +247% 13.2% a year | +213% 12.1% a year | +170% 10.5% a year |
| Since 2010 from Dec 2009 | +699% 13.1% a year | +876% 14.5% a year | +415% 10.2% a year | +498% 11.2% a year | +191% 6.6% a year |
| Since 2000 from Dec 1999 | +543% 7.2% a year | +685% 8.0% a year | +223% 4.5% a year | +297% 5.3% a year | +27.8% 0.9% a year |
| Since Jan 1985 first month in our data | +2,564% 8.2% a year | +2,176% 7.8% a year | +739% 5.2% a year | +577% 4.7% a year | +166% 2.4% a year |
- a US CPI was not published for Oct 2025.
How these figures are worked out
Sources, inflation measures and what is left out
- Month-end closes from Yahoo Finance, Nasdaq, Jan 1985 to Oct 2026. Oct 2026 is still in progress, so its figure is the latest close rather than a month-end. Our history for JPMorgan starts in Jan 1985, so longer windows are left out.
- Real figures divide by US CPI (BLS, via FRED) or UK CPI (ONS, joined to the ONS long-run RPI before Jan 1988) and are stated in Oct 2026 money. The M2 lens divides by the US M2 money supply (Federal Reserve, via FRED). Pounds convert at each month's GBP/USD rate.
- US CPI is published with a lag: Oct 2026 uses the Aug 2026 figure.
- UK CPI is published with a lag: Oct 2026 uses the Aug 2026 figure.
- US M2 is published with a lag: Oct 2026 uses the Aug 2026 figure.
- Price returns only: dividends are not included, so the total return to a holder who reinvested them was higher.
- A return of 12 months or more also shows its yearly rate. Gaps in a source are left as gaps and never filled in.
JPMorgan price history, past year
Daily closes from Nasdaq. Last refreshed .
Where JPMorgan stands today
52-week range
- Below the high
- 9.1%
- Above the low
- 17.4%
JPMorgan sits in the middle part of its range, 17.4% above the $282.84 low from 27 Mar 2026 and 9.1% below the $365.18 high from 12 Aug 2026. About 71% of the year's daily closes were lower than today's price.
Moving averages
- 50-day$349.38 -5.0%
- 200-day$322.19 +3.0%
Price compared with each average. Bars to the right mean the price is above it.
JPMorgan has slipped 5.0% below its 50-day average but is still 3.0% above the 200-day, which tells us the recent dip hasn't yet broken the longer uptrend. The 50-day line has stayed above the 200-day on every day since 24 Jun 2026, as far back as our data lets us check.
Trend score
- Trend70
- Momentum23
- RSI score45
- Drawdown82
- Uptrend
- 65 or more
- Sideways
- 36 to 64
- Downtrend
- 35 or less
Rules-based, from 277 daily prices. It describes the trend so far and does not predict the next move. How it works.
JPMorgan performance and biggest moves
Returns over time
| Period | JPM | SPY | Gap |
|---|---|---|---|
| 1 week | +0.2% | -0.1% | +0.3 pts |
| 1 month | -6.8% | +1.9% | −8.7 pts |
| 3 months | -4.3% | +3.1% | −7.4 pts |
| Year to date | +3.0% | +14.2% | −11.1 pts |
| 1 year | +7.8% | +17.4% | −9.6 pts |
JPMorgan is up 7.8% over the past year on price alone, against +17.4% for the S&P 500 (through the SPY fund), so it has trailed that comparison by 9.6 percentage points. Dividends are not included, so the total return for holders would be a little higher.
Best and worst days in the past year
- Days that closed higher
- 54%
- Moves of 3% or more
- 14
The biggest one-day rise since 13 Oct 2025 came on 6 Feb 2026 (+3.9%) and the sharpest fall on 9 Dec 2025 (−4.7%). Of the 251 trading days in that period, 54% closed higher than the day before and 14 moved by 3% or more in one direction or the other.
Is JPMorgan overbought, and how volatile is it?
RSI (14-day)
Soft- Sessions at 70+ (past year)
- 4
- Sessions at 30 or lower
- 0
At 37.9, JPMorgan's RSI is below the halfway mark but still above 30, so sellers have had a little more of the recent action than buyers without it turning into the kind of slide we'd call oversold. It has not dropped to 30 at any point in the past year.
Volatility against other US shares
5th calmest of 27- Typical daily move
- 1.0%
- Calmest in group
- BRK.B 10.8%
JPMorgan's 30-day volatility is 16.7%, which works out at a move of roughly 1.0% on an ordinary day. That makes it the 5th calmest of the 27 US shares we track, below the group median of 23.3%. One very large day, such as an earnings release or a sudden sell-off, can lift a 30-day figure for weeks, so we would read the ranking as this month's picture.
JPMorgan compared with similar assets
| Asset | Price | Today | 1 month | 1 year | RSI | Trend score |
|---|---|---|---|---|---|---|
| JPMJPMorgan | $332.00 | +0.13% | -6.8% | +7.8% | 38 | 52 Sideways |
| VVisa | $396.00 | -0.03% | +6.9% | +15.4% | 74 | 86 Uptrend |
| MAMastercard | $604.82 | -0.01% | +6.3% | +8.2% | 72 | 87 Uptrend |
| BRK.BBerkshire Hathaway | $520.59 | -0.02% | +2.0% | +5.8% | 67 | 82 Uptrend |
Over the past year Visa has done best in this group (+15.4%) and Berkshire Hathaway has been the weakest (+5.8%). JPMorgan comes 3rd of 4, 7.5 percentage points behind Visa.
About JPMorgan
JPMorgan Chase took its current form through the 2000 merger of Chase Manhattan and J.P. Morgan & Co. Its results depend on interest rates, loan demand and investment banking fees.
- Ticker
- JPM
- Type
- Stock
- Sector
- Banking
- Priced in
- USD
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JPMorgan: questions people ask
Answers are built from the same live figures shown above, so they change as the price does. Last checked 14 Oct 2026.
Has JPMorgan beaten inflation since 2010?
Yes. From the December 2009 close to October 2026, JPMorgan went up 699% in dollars. US consumer prices rose 55.1% over the same months, which leaves a real gain of 415%, or 10.2% a year after inflation. A UK holder counting in pounds saw up 876%, which comes to up 498% once UK CPI is taken out. These are price returns: dividends are not included, so a holder who reinvested them did better.
How has JPMorgan done against money printing?
The US M2 money supply grew 174% since 2010. M2 counts the cash, current accounts and savings deposits held in the US, so it measures how much new money was created rather than how much shop prices rose. Against it, JPMorgan is up 191%.
What is JPMorgan's real return over 10 years?
Over the 10 years to October 2026, JPMorgan returned 381% in dollars (17.0% a year). After US inflation that is up 247%, 13.2% a year. In pounds after UK inflation it is up 213%.
What is the JPMorgan share price today?
The last price we have for JPMorgan is $332.00, up 0.1% on the day, as of 23:55 BST on 13 Oct 2026. We get US prices from Nasdaq and during trading hours they can be up to 15 minutes behind, so if you are about to trade you'll want the live quote from your broker rather than ours. Over the last month the shares have moved −6.8% and over the last year +7.8%.
Is JPMorgan stock overbought right now?
No, or at least not on the 14-day RSI, which reads 37.9 at the moment. We'd only start calling JPMorgan overbought above 70 and it hasn't been there since 28 Jul 2026. RSI looks back over 14 sessions and asks how much of the movement was up and how much was down, so a reading in the 30s or 40s mostly tells us the past few weeks have been tilted towards sellers without getting extreme. It hasn't dropped to 30 at any point in the past year, so by its own standards this is about as weak as it has looked.
How far is JPMorgan from its 52-week high?
Not far, about 9.1%. The highest close in the past year was $365.18 on 12 Aug 2026 and the lowest was $282.84 on 27 Mar 2026, which puts today's price 60% of the way up that range. We work this out from daily closing prices rather than the intraday highs and lows an exchange reports, so our high can be a little lower than the one you'll see quoted elsewhere.
Is JPMorgan above its 200-day moving average?
It is. JPMorgan's last price of $332.00 is 3.0% above its 200-day average of $322.19, and the 50-day average of $349.38 is above the 200-day as well, which has been true on every day since 24 Jun 2026, as far back as our data goes. We show the 200-day line because it averages about ten months of closing prices, so a single bad week hardly moves it, and when we look at a chart it's the quickest way to see whether a share has been rising or falling over the longer run, even if it can't tell us where the price goes from here.
How volatile is JPMorgan stock?
Over the past 30 days JPMorgan's annualised volatility has been 16.7%. If that number feels abstract, it works out at roughly a 1.0% move on an ordinary day. It is the 5th calmest of the 27 US shares we track and the median for the group is 23.3%, so at the moment it is calmer than most of them. The biggest single-day swings of the past year were +3.9% on 6 Feb 2026 and −4.7% on 9 Dec 2025.
Important information
Capital at risk. The value of investments can fall as well as rise and you may get back less than you invest. Past performance is not a reliable indicator of future results. Educational information only, not financial advice. Read our disclaimer.
JPMorgan: what the numbers say
Claude Haiku ·JPMorgan closed at $334.03 today, down 0.08 per cent on the session. The shares sit 8.5 per cent below their 52-week closing high of $365.18, set on 12 August, and 18.1 per cent above their closing low of $282.84, recorded on 27 March. The price remains below the 50-day average of $349.42 but holds above the 200-day average of $322.20.
Read the full summary Show less
The trend score is 54, which places the stock in the Sideways category, with a trend component of 70 and a momentum component of 26. The 30-day change is minus 6.23 per cent, and RSI at 40.3 sits below the midpoint of 50. Annualised 30-day volatility is 16.6 per cent. Visa, Mastercard and Berkshire Hathaway all rose today, by between 0.85 and 1.42 per cent.
Written by AI from this site's live data and checked figure by figure before publishing. Educational only, not financial advice.