|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 TrendCheck current 30 days Janus Europe correlation with market (DOW)|
β = -0.0335
Janus Europe A Technical Analysis
Janus Europe Projected Return Density Against MarketAssuming 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
Janus Europe Return VolatilityJanus 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.