|Horizon||30 Days Login to change|
Janus Flexible Market Sensitivity
|As returns on market increase, returns on owning Janus Flexible are expected to decrease by larger amounts. On the other hand, during market turmoil, Janus Flexible is expected to significantly outperform it.One Month Beta |Analyze Janus Flexible Income Demand TrendCheck current 30 days Janus Flexible correlation with market (DOW)|
β = -1852.9972
Janus Flexible Income Technical Analysis
Janus Flexible Projected Return Density Against MarketAssuming 30 trading days horizon, Janus Flexible Income U GBP Acc Hedged has beta of -1852.9972 suggesting as returns on its benchmark rise, returns on holding Janus Flexible Income U GBP Acc Hedged are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Janus Flexible is expected to outperform its benchmark. In addition to that, Janus Flexible Income U GBP Acc Hedged has an alpha of 609.0857 implying that it can potentially generate 609.0857% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Janus Flexible Return VolatilityJanus Flexible Income U GBP Acc Hedged accepts 0.5608% volatility on return distribution over the 30 days horizon. DOW inherits 0.4208% risk (volatility on return distribution) over the 30 days horizon.