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 Trend
Check current 30 days Janus US correlation with market (DOW)
β = -0.0646
Janus US Almost negative betaJanus US Short Beta Legend

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 
      Returns 
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
α
Alpha over DOW
=0.08
β
Beta against DOW=0.06
σ
Overall volatility
=0.20
Ir
Information ratio =0.66

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.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Janus US Volatility Factors

30 Days Market Risk

Not too risky

Chance of Distress in 24 months

Below average

30 Days Economic Sensitivity

Indifferent to market move

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 diversification
Overlapping 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.
Additionally see Investing Opportunities. Please also try Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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