|Horizon||30 Days Login to change|
Janus US Market Sensitivity
|As returns on market increase, returns on owning Janus US are expected to decrease at a much smaller rate. During bear market, Janus US is likely to outperform the market.One Month Beta |Analyze Janus US Twenty Demand TrendCheck current 30 days Janus US correlation with market (DOW)|
β = -0.4972
Janus US Twenty Technical Analysis
Janus US Projected Return Density Against MarketAssuming 30 trading days horizon, Janus US Twenty A EUR Acc Hedged has beta of -0.4972 suggesting as returns on benchmark increase, returns on holding Janus US are expected to decrease at a much smaller rate. During bear market, however, Janus US Twenty A EUR Acc Hedged is likely to outperform the market. Moreover, Janus US Twenty A EUR Acc Hedged has an alpha of 0.3542 implying that it can potentially generate 0.3542% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Janus US Return VolatilityJanus US Twenty A EUR Acc Hedged accepts 0.7582% volatility on return distribution over the 30 days horizon. DOW inherits 0.444% risk (volatility on return distribution) over the 30 days horizon.