Janus Europe (Ireland) Risk Analysis And Volatility Evaluation

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 Market Risk Adjusted Performance of 5.07 and Risk Adjusted Performance of 0.1945 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, 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.
One Month Beta |Analyze Janus Europe A Demand Trend
Check current 30 days Janus Europe correlation with market (DOW)
β = -0.0335
Janus Europe Almost negative betaJanus Europe A Beta Legend

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 -0.0335 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, Janus Europe A EUR Acc has an alpha of 0.1645 implying that it can potentially generate 0.1645% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.16
β
Beta against DOW=0.03
σ
Overall volatility
=0.00
Ir
Information ratio =0.34

Janus Europe Return Volatility

Janus Europe A EUR Acc accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.0635% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Janus Europe Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Insignificant

Investment Outlook

Janus Europe Investment Opportunity

DOW has a standard deviation of returns of 1.06 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, 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

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 Volatility Indicators

Janus Europe A EUR Acc Current Risk Indicators

Additionally see Investing Opportunities. Please also try Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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