Our philosophy towards 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 Europe A which you can use to evaluate future volatility of the entity. Please check out Janus Europe Downside Deviation of 1.2, Market Risk Adjusted Performance of 13.27 and Risk Adjusted Performance of 0.2837 to validate if risk estimate we provide are consistent with the epected return of 0.0%.
|Horizon||30 Days Login to change|
Janus Europe Market Sensitivity
|As returns on market increase, Janus Europe returns are expected to increase less than the market. However during bear market, the loss on holding Janus Europe will be expected to be smaller as well.2 Months Beta |Analyze Janus Europe A Demand TrendCheck current 30 days Janus Europe correlation with market (DOW)|
β = 0.0122
Janus Europe Central Daily Price Deviation
Janus Europe A Technical Analysis
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Janus Europe Projected Return Density Against MarketAssuming 30 trading days horizon, Janus Europe has beta of 0.0122 suggesting as returns on market go up, Janus Europe average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Janus Europe A EUR Acc will be expected to be much smaller as well. Moreover, Janus Europe A EUR Acc has an alpha of 0.1632 implying that it can potentially generate 0.1632% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
|Alpha over DOW||=||0.16|
|Beta against DOW||=||0.0122|
Janus Europe Return VolatilityJanus Europe A EUR Acc accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.2765% risk (volatility on return distribution) over the 30 days horizon.
DOW has a standard deviation of returns of 1.28 and is 9.223372036854776E16 times more volatile than Janus Europe A EUR Acc. 0% of all equities and portfolios are less risky than Janus Europe. Compared to the overall equity markets, volatility of historical daily returns of Janus Europe A EUR Acc is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Janus Europe A EUR Acc to protect against small markets fluctuations. The fund experiences normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of Janus Europe to be traded at 17.01 in 30 days. As returns on market increase, Janus Europe returns are expected to increase less than the market. However during bear market, the loss on holding Janus Europe will be expected to be smaller as well.
Janus Europe correlation with market