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Benchmark SP 500  1,650   0.91  Index Moved Down -0.06% ...


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Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 American Funds Inc Fund of Ame  vs   Janus Balanced T
 Compare Fundamentals  
Daily Returns (%)
RIDAX   JABAX   
 
Assuming 30 trading days horizon, American is expected to generate 1.38 times less return on investment than Janus. In addition to that, American is 1.19 times more volatile than Janus Balanced T. It trades about 0.22 of its total potential returns per unit of risk. Janus Balanced T is currently generating about 0.35 per unit of volatility. If you would invest  2,825  in Janus Balanced T on April 26, 2013 and sell it today you would earn a total of  54.00  from holding Janus Balanced T or generate 1.91% return on investment over 30 days.

Diversification

Almost no diversification
Overlapping area represents amount of risk that can be diversified away by holding American Funds Inc Fund of Ame and Janus Balanced T in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.9
Parameters
Time Period1 Month [change]
DirectionPositive JABAX Moved Up vs RIDAX
StrengthVery Strong
Accuracy100.0%
ValuesDaily Returns
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Predicted Return Density
 
Returns   
RIDAX   JABAX   

American Funds Inc Fund of Amer R1

 
    
American
Performance
11
Out Of
100
Over 30
Days
89% of all equities and portfolios perform better than American Funds Inc Fund of Amer R1. Compared with the overall equity markets, risk-adjusted returns on investments in American Funds Inc Fund of Amer R1 are ranked lower than 11 (%) of all global equities and portfolios over the last 30 days.
    

Match-ups for American

American Funds Inc Fund of Amer F2 vs. American Funds Inc Fund of Amer R1
American Funds Inc Fund of Amer R4 vs. American Funds Inc Fund of Amer R1
American Funds Inc Fund of Amer R6 vs. American Funds Inc Fund of Amer R1
American Funds Inc Fund of Amer R3 vs. American Funds Inc Fund of Amer R1
American Funds Inc Fund of Amer 529A vs. American Funds Inc Fund of Amer R1
American Funds Inc Fund of Amer 529B vs. American Funds Inc Fund of Amer R1
American Funds Inc Fund of Amer C vs. American Funds Inc Fund of Amer R1
American Funds Inc Fund of Amer 529F1 vs. American Funds Inc Fund of Amer R1
American Funds Inc Fund of Amer B vs. American Funds Inc Fund of Amer R1
  

Janus Balanced T

 
    
Janus
Performance
19
Out Of
100
Over 30
Days
81% of all equities and portfolios perform better than Janus Balanced T. Compared with the overall equity markets, risk-adjusted returns on investments in Janus Balanced T are ranked lower than 19 (%) of all global equities and portfolios over the last 30 days.
    

Match-ups for Janus

American Funds Inc Fund of Amer F2 vs. Janus Balanced T
American Funds Inc Fund of Amer R4 vs. Janus Balanced T
American Funds Inc Fund of Amer R6 vs. Janus Balanced T
American Funds Inc Fund of Amer R1 vs. Janus Balanced T
American Funds Inc Fund of Amer R3 vs. Janus Balanced T
American Funds Inc Fund of Amer 529A vs. Janus Balanced T
American Funds Inc Fund of Amer 529B vs. Janus Balanced T
American Funds Inc Fund of Amer C vs. Janus Balanced T
American Funds Inc Fund of Amer 529F1 vs. Janus Balanced T
American Funds Inc Fund of Amer B vs. Janus Balanced T


 
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