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 TrendCheck current 30 days Janus Selection correlation with market (DOW)|
β = 0.1351
Janus Selection Central Daily Price Deviation
Janus Selection Bala Technical Analysis
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.
Janus Selection Projected Return Density Against MarketAssuming 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
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
|Alpha over DOW||=||0.88|
|Beta against DOW||=||0.14|
Janus Selection Return Volatilitythe 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.
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