Janus Selection (Ireland) Risk Analysis And Volatility

Our philosophy towards determining volatility of a fund is to use all available market data together with fund specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Janus Selection Bala which you can use to evaluate future volatility of the entity. Please check out Janus Selection Market Risk Adjusted Performance of 6.6 and Risk Adjusted Performance of 0.3136 to validate if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

Janus Selection Market Sensitivity

As returns on market increase, Janus Selection returns are expected to increase less than the market. However during bear market, the loss on holding Janus Selection will be expected to be smaller as well.
2 Months Beta |Analyze Janus Selection Bala Demand Trend
Check current 30 days Janus Selection correlation with market (DOW)
β = 0.1351

Janus Selection Central Daily Price Deviation

Janus Selection Bala Technical Analysis

Transformation
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Janus Selection Projected Return Density Against Market

Assuming 30 trading days horizon, Janus Selection has beta of 0.1351 suggesting as returns on market go up, Janus Selection average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Janus Selection Balanced A USD will be expected to be much smaller as well. Moreover, The company has an alpha of 0.8822 implying that it can potentially generate 0.8822% 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 Selection is 0.0. The daily returns are destributed with a variance of 0.0 and standard deviation of 0.0. The mean deviation of Janus Selection Balanced A USD is currently at 0.0. For similar time horizon, the selected benchmark (DOW) has volatility of 0.71
α
Alpha over DOW
=0.88
β
Beta against DOW=0.14
σ
Overall volatility
=0.00
Ir
Information ratio =0.39

Janus Selection Return Volatility

the fund accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 0.6944% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Janus Selection Volatility Factors

60 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

60 Days Economic Sensitivity

Insignificant

Investment Outlook

Janus Selection Investment Opportunity

DOW has a standard deviation of returns of 0.69 and is 9.223372036854776E16 times more volatile than Janus Selection Balanced A USD. 0% of all equities and portfolios are less risky than Janus Selection. Compared to the overall equity markets, volatility of historical daily returns of Janus Selection Balanced A USD is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Janus Selection Balanced A USD to protect your portfolios against small markets fluctuations. The fund experiences normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of Janus Selection to be traded at $0.0 in 30 days. . As returns on market increase, Janus Selection returns are expected to increase less than the market. However during bear market, the loss on holding Janus Selection will be expected to be smaller as well.

Janus Selection correlation with market

correlation synergy
Average diversification
Overlapping area represents the amount of risk that can be diversified away by holding Janus Selection Balanced A USD and equity matching DJI index in the same portfolio.

Janus Selection Volatility Indicators

Janus Selection Balanced A USD Current Risk Indicators

Additionally see Investing Opportunities. Please also try Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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