|Horizon||30 Days Login to change|
Janus US Market Sensitivity
|As returns on market increase, Janus US returns are expected to increase less than the market. However during bear market, the loss on holding Janus US will be expected to be smaller as well.One Month Beta |Analyze Janus US Research Demand TrendCheck current 30 days Janus US correlation with market (DOW)|
β = 0.12
Janus US Research Technical Analysis
Janus US Projected Return Density Against MarketAssuming 30 trading days horizon, Janus US has beta of 0.12 suggesting as returns on market go up, Janus US average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Janus US Research I EUR Acc Hedged will be expected to be much smaller as well. Moreover, Janus US Research I EUR Acc Hedged has an alpha of 0.518 implying that it can potentially generate 0.518% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Janus US Return VolatilityJanus US Research I EUR Acc Hedged accepts 0.997% volatility on return distribution over the 30 days horizon. DOW inherits 1.0635% risk (volatility on return distribution) over the 30 days horizon.