Janus US (Ireland) Risk Analysis And Volatility Evaluation |
| F0GBR04J1E -- Ireland Fund | USD 10.99 0.02 0.18% |
Macroaxis considers Janus US to be not too risky. Janus US Short holds Efficiency (Sharpe) Ratio of -0.1818 which attests that Janus US Short had -0.1818% of return per unit of risk over the last 1 month. Macroaxis philosophy towards determining risk of any fund is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Janus US Short exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out Janus US Market Risk Adjusted Performance of 1.37 and Risk Adjusted Performance of 0.14 to validate risk estimate we provide.
| Time 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 Short Demand TrendCheck current 30 days Janus US correlation with market (DOW) β = -0.0646 |   |
Janus US Short Technical Analysis
Transformation |
The output start index for this execution was zero with a total number of output elements of seventeen. Janus US Short Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input. View also all equity analysis or get more info about average price price transform indicator.
Projected Return Density Against Market
Assuming 30 trading days horizon, Janus US Short Term Bnd I USD has beta of -0.0646 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 Short Term Bnd I USD is likely to outperform the market. Additionally, Janus US Short Term Bnd I USD has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW Predicted Return Density |
Assuming 30 trading days horizon, the coefficient of variation of Janus US is -550.18. The daily returns are destributed with a variance of 0.04 and standard deviation of 0.2. The mean deviation of Janus US Short Term Bnd I USD is currently at 0.13. For similar time horizon, the selected benchmark (DOW) has volatility of 0.48
Actual Return Volatility
Janus US Short Term Bnd I USD accepts 0.1992% volatility on return distribution over the 30 days horizon. DOW inherits 0.5751% risk (volatility on return distribution) over the 30 days horizon.Market Risk Breakdown
Janus US Volatility Factors
Investment Outlook
Janus US Investment Opportunity
DOW has a standard deviation of returns of 0.58 and is 2.9 times more volatile than Janus US Short Term Bnd I USD. 1% 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 Short Term Bnd I USD is lower than 1 (%) of all global equities and portfolios over the last 30 days. Use Janus US Short Term Bnd I USD to enhance returns of your portfolios. The fund experiences normal upward fluctuation. Check odds of Janus US to be traded at $11.54 in 30 days. 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.
Janus US correlation with market
Good diversificationOverlapping area represents the amount of risk that can be diversified away by holding Janus US Short Term Bnd I USD and equity matching DJI index in the same portfolio.
Janus US Current Risk Indicators
| Risk Adjusted Performance | 0.14 | ||
| Market Risk Adjusted Performance | 1.37 | ||
| Mean Deviation | 0.1434 | ||
| Coefficient Of Variation | 358.48 | ||
| Standard Deviation | 0.2784 | ||
| Variance | 0.0775 | ||
| Information Ratio | 0.66 |
Janus US Suggested Diversification Pairs
Additionally see Investing Opportunities. Please also try Technical Analysis module to check basic technical indicators and analysis based on most latest market data.