Janus Asia Equity Fund Price on May 8, 2023
| JAQSX Fund | USD 9.56 0.02 0.21% |
If you're considering investing in Janus Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Janus Asia stands at 9.56, as last reported on the 17th of April 2024, with the highest price reaching 9.56 and the lowest price hitting 9.56 during the day. We consider Janus Asia very steady. Janus Asia Equity holds Efficiency (Sharpe) Ratio of 0.0921, which attests that the entity had a 0.0921% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Janus Asia Equity, which you can use to evaluate the volatility of the entity. Please check out Janus Asia's Market Risk Adjusted Performance of 0.1381, risk adjusted performance of 0.0606, and Downside Deviation of 0.8828 to validate if the risk estimate we provide is consistent with the expected return of 0.0784%.
Janus Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Janus |
Sharpe Ratio = 0.0921
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Estimated Market Risk
| 0.85 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Janus Asia is performing at about 7% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Janus Asia by adding it to a well-diversified portfolio.
Janus Asia Valuation on May 8, 2023
It is possible to determine the worth of Janus Asia on a given historical date. On May 8, 2023 Janus was worth 9.51 at the beginning of the trading date compared to the closed value of 9.51. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Janus Asia mutual fund. Still, in general, we apply an absolute valuation method to find Janus Asia's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Janus Asia where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Janus Asia's related companies.
| Open | High | Low | Close | Volume | |
| 9.53 | 9.53 | 9.53 | 9.53 | 1.00 | |
05/08/2023 | 9.51 | 9.51 | 9.51 | 9.51 | 1.00 |
| 9.42 | 9.42 | 9.42 | 9.42 | 1.00 |
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Janus Asia Trading Date Momentum on May 8, 2023
| On May 09 2023 Janus Asia Equity was traded for 9.42 at the closing time. The highest daily price throughout the period was 9.42 and the lowest price was 9.42 . There was no trading activity during the period 1.0. Lack of trading volume on 05/09/2023 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.95% . The trading delta at closing time to current closing price is 1.05% . |
Janus Asia Equity Fundamentals Correlations and Trends
By evaluating Janus Asia's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Janus Asia's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Janus financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Janus Asia Mutual Fund history
Janus Asia investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Janus is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Janus Asia Equity will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Janus Asia stock prices may prove useful in developing a viable investing in Janus Asia
The fund pursues its investment objective by investing, under normal circumstances, at least 80 percent of its net assets in equity securities of Asian issuers . Janus Henderson is traded on NASDAQ Exchange in the United States.
Janus Asia Mutual Fund Technical Analysis
Janus Asia technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Janus Asia Period Price Range
Low | May 8, 2023
| High |
9.51 | 9.51 |
Janus Asia April 17, 2024 Market Strength
Market strength indicators help investors to evaluate how Janus Asia mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Janus Asia shares will generate the highest return on investment. By undertsting and applying Janus Asia mutual fund market strength indicators, traders can identify Janus Asia Equity entry and exit signals to maximize returns
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 9.51 | |||
| Day Typical Price | 9.51 | |||
| Period Momentum Indicator | 0.05 | |||
| Relative Strength Index | 44.08 |
Janus Asia Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Janus Asia's price direction in advance. Along with the technical and fundamental analysis of Janus Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Janus to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0606 | |||
| Jensen Alpha | 0.0441 | |||
| Total Risk Alpha | 0.007 | |||
| Sortino Ratio | 0.0259 | |||
| Treynor Ratio | 0.1281 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Janus Asia Equity. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the CEOs Directory module to screen CEOs from public companies around the world.