|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 = -0.3232
Janus US Short Technical Analysis
Janus US Projected Return Density Against MarketAssuming 30 trading days horizon, Janus US Short Term Bnd I USD has beta of -0.3232 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
Janus US Return VolatilityJanus US Short Term Bnd I USD accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 0.389% risk (volatility on return distribution) over the 30 days horizon.