Janus Europe (Ireland) Risk Analysis And Volatility

F000002EVX -- Ireland Fund  

EUR 17.18  0.00  0.00%

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 1.26, Market Risk Adjusted Performance of (2.82) and Risk Adjusted Performance of 0.1684 to validate if risk estimate we provide are consistent with the epected return of 0.0%.

60 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

60 Days Economic Sensitivity

Insignificant
Horizon     30 Days    Login   to change

Janus Europe Market Sensitivity

As returns on market increase, returns on owning Janus Europe are expected to decrease at a much smaller rate. During bear market, Janus Europe is likely to outperform the market.
2 Months Beta |Analyze Janus Europe A Demand Trend
Check current 30 days Janus Europe correlation with market (DOW)
β = -0.0637

Janus Europe Central Daily Price Deviation

Janus Europe A 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 Europe Projected Return Density Against Market

Assuming 30 trading days horizon, Janus Europe A EUR Acc has beta of -0.0637 suggesting as returns on benchmark increase, returns on holding Janus Europe are expected to decrease at a much smaller rate. During bear market, however, Janus Europe A EUR Acc is likely to outperform the market. Moreover, The company has an alpha of 0.1855 implying that it can potentially generate 0.1855% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of Janus Europe is 0.0. The daily returns are destributed with a variance of 0.0 and standard deviation of 0.0. The mean deviation of Janus Europe A EUR Acc is currently at 0.0. For similar time horizon, the selected benchmark (DOW) has volatility of 0.65
α
Alpha over DOW
=0.19
β
Beta against DOW=0.06
σ
Overall volatility
=0.00
Ir
Information ratio =0.13

Janus Europe Return Volatility

the fund accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 0.5908% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Janus Europe Investment Opportunity

DOW has a standard deviation of returns of 0.59 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 your portfolios 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, returns on owning Janus Europe are expected to decrease at a much smaller rate. During bear market, Janus Europe is likely to outperform the market.

Janus Europe correlation with market

correlation synergy
Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Janus Europe A EUR Acc and equity matching DJI index in the same portfolio.

Janus Europe Current Risk Indicators

Janus Europe Suggested Diversification Pairs

Additionally see Investing Opportunities. Please also try Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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