Macroaxis considers Janus US to be not too risky. Janus US Venture
holds Efficiency (Sharpe) Ratio of -0.163 which attests that Janus US Venture
had -0.163% of return per unit of risk over the last 1 month. Macroaxis philosophy towards determining risk of any fund is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators
. Janus US Venture exposes twenty-one different technical indicators
which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out Janus US to validate risk estimate we provide. The fund retains Market Volatility (i.e. Beta) of 0.0 which attests that the returns on MARKET and Janus US are completely uncorrelated. Even though it is essential to pay attention to Janus US Venture
current price history, it is always good to be careful when utilizing equity current price movements. Macroaxis philosophy towards determining future performance of any fund is to check both, its past performance charts as well as the business as a whole, including all available technical indicators
. Janus US Venture exposes twenty-one different technical indicators which can help you to evaluate its performance.
|15 days auto-correlation|| 0.00 |
No correlation between past and present
Janus US Venture Z EUR Acc has no correlation between past and present. Overlapping area represents the amount of predictability between Janus US time series from August 24, 2018 to September 8, 2018 and September 8, 2018 to September 23, 2018. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Janus US Venture price movement. The serial correlation of 0.0 indicates that just 0.0% of current Janus US price fluctuation can be explain by its past prices.
|Spearman Rank Test||-0.5|