Janus US (Ireland) Risk Analysis And Volatility Evaluation

F0GBR04IY6 -- Ireland Fund  

EUR 31.00  0.18  0.58%

We consider Janus US unknown risk. Janus US Twenty holds Efficiency (Sharpe) Ratio of 0.3216 which attests that Janus US Twenty had 0.3216% of return per unit of risk over the last 1 month. Our philosophy towards determining volatility of a fund is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Janus US Twenty which you can use to evaluate future volatility of the entity. Please check out Janus US Market Risk Adjusted Performance of 0.2972 and Risk Adjusted Performance of 0.0916 to validate if risk estimate we provide are consistent with the epected return of 0.1055%.
 Time Horizon     30 Days    Login   to change

Janus US Market Sensitivity

As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Janus US will likely underperform.
One Month Beta |Analyze Janus US Twenty Demand Trend
Check current 30 days Janus US correlation with market (DOW)
β = 1.3944
Janus US Large BetaJanus US Twenty Beta Legend

Janus US Twenty 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.

Projected Return Density Against Market

Assuming 30 trading days horizon, the fund has beta coefficient of 1.3944 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are expected to be negative, Janus US will likely underperform. Moreover, Janus US Twenty A EUR Acc Hedged has an alpha of 0.2428 implying that it can potentially generate 0.2428% 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 US is 310.91. The daily returns are destributed with a variance of 0.11 and standard deviation of 0.33. The mean deviation of Janus US Twenty A EUR Acc Hedged is currently at 0.24. For similar time horizon, the selected benchmark (DOW) has volatility of 0.46
α
Alpha over DOW
=0.24
β
Beta against DOW=1.39
σ
Overall volatility
=0.33
Ir
Information ratio =0.13

Actual Return Volatility

Janus US Twenty A EUR Acc Hedged accepts 0.328% volatility on return distribution over the 30 days horizon. DOW inherits 0.5115% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Janus US Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Unaffected

Investment Outlook

Janus US Investment Opportunity
DOW has a standard deviation of returns of 0.51 and is 1.55 times more volatile than Janus US Twenty A EUR Acc Hedged. 3% of all equities and portfolios are less risky than Janus US. Compared to the overall equity markets, volatility of historical daily returns of Janus US Twenty A EUR Acc Hedged is lower than 3 (%) of all global equities and portfolios over the last 30 days. Use Janus US Twenty A EUR Acc Hedged to enhance returns of your portfolios. The fund experiences moderate upward volatility. Check odds of Janus US to be traded at €34.1 in 30 days. As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Janus US will likely underperform.

Janus US correlation with market

Average diversification
Overlapping area represents the amount of risk that can be diversified away by holding Janus US Twenty A EUR Acc Hedg and equity matching DJI index in the same portfolio.
Additionally see Investing Opportunities. Please also try Price Ceiling Movement module to calculate and plot price ceiling movement for different equity instruments.
vendors/bower_components/jquery.easy-pie-chart/dist/jquery.easypiechart.min.js">