JANUS GLB (Ireland) Risk Analysis And Volatility Evaluation

14515562 -- Ireland Fund  

AUD 10.37  0.40  4.01%

Our way of determining volatility of a fund is to use all available market data together with fund specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for JANUS GLB HI which you can use to evaluate future volatility of the entity. Please check out JANUS GLB Market Risk Adjusted Performance of (1.03) to validate if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

JANUS GLB Market Sensitivity

As returns on market increase, returns on owning JANUS GLB are expected to decrease at a much smaller rate. During bear market, JANUS GLB is likely to outperform the market.
2 Months Beta |Analyze JANUS GLB HI Demand Trend
Check current 30 days JANUS GLB correlation with market (DOW)
β = -0.407

JANUS GLB Central Daily Price Deviation

JANUS GLB HI Technical Analysis

Transformation
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.

JANUS GLB Projected Return Density Against Market

Assuming 30 trading days horizon, JANUS GLB HI AUD I has beta of -0.407 . This suggests as returns on benchmark increase, returns on holding JANUS GLB are expected to decrease at a much smaller rate. During bear market, however, JANUS GLB HI AUD I is likely to outperform the market. Moreover, JANUS GLB HI AUD I has an alpha of 0.3547 implying that it can potentially generate 0.3547% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.35
β
Beta against DOW=0.41
σ
Overall volatility
=0.00
Ir
Information ratio =0.20

JANUS GLB Return Volatility

JANUS GLB HI AUD I accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.3062% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

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Investment Outlook

JANUS GLB Investment Opportunity

DOW has a standard deviation of returns of 1.31 and is 9.223372036854776E16 times more volatile than JANUS GLB HI AUD I. 0% of all equities and portfolios are less risky than JANUS GLB. Compared to the overall equity markets, volatility of historical daily returns of JANUS GLB HI AUD I is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use JANUS GLB HI AUD I to enhance returns of your portfolios. The fund experiences very speculative upward sentiment.. Check odds of JANUS GLB to be traded at A$12.96 in 30 days. As returns on market increase, returns on owning JANUS GLB are expected to decrease at a much smaller rate. During bear market, JANUS GLB is likely to outperform the market.

JANUS GLB correlation with market

correlation synergy
Very good diversification
Overlapping area represents the amount of risk that can be diversified away by holding JANUS GLB HI AUD I and equity matching DJI index in the same portfolio.

JANUS GLB Volatility Indicators

JANUS GLB HI AUD I Current Risk Indicators

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