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
(6.36) 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 TrendCheck current 30 days JANUS GLB correlation with market (DOW)|
β = -0.055
JANUS GLB Central Daily Price Deviation
JANUS GLB HI Technical Analysis
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 MarketAssuming 30 trading days horizon, JANUS GLB HI AUD I has beta of -0.055 . 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, The company has an alpha of 0.3537 implying that it can potentially generate 0.3537% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
|Alpha over DOW||=||0.35|
|Beta against DOW||=||0.06|
JANUS GLB Return Volatilitythe fund accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 0.6883% risk (volatility on return distribution) over the 30 days horizon.
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DOW has a standard deviation of returns of 0.69 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
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