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 Flexible Income which you can use to evaluate future volatility of the entity. Please check out Janus Flexible Risk Adjusted Performance of
(0.41) and Market Risk Adjusted Performance of (4.79) to validate if risk estimate we provide are consistent with the epected return of 0.0%.
|Horizon||30 Days Login to change|
Janus Flexible Market Sensitivity
|As returns on market increase, Janus Flexible returns are expected to increase less than the market. However during bear market, the loss on holding Janus Flexible will be expected to be smaller as well. 2 Months Beta |Analyze Janus Flexible Income Demand TrendCheck current 30 days Janus Flexible correlation with market (DOW)|
β = 0.0253
Janus Flexible Central Daily Price Deviation
Janus Flexible Income Technical Analysis
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Janus Flexible Projected Return Density Against MarketAssuming 30 trading days horizon, Janus Flexible has beta of 0.0253 . This indicates as returns on market go up, Janus Flexible average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Janus Flexible Income B EUR Inc Hedged will be expected to be much smaller as well. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. Janus Flexible Income is significantly underperforming DOW.
Predicted Return Density
|Alpha over DOW||=||0.12|
|Beta against DOW||=||0.0253|
Janus Flexible Return Volatilitythe fund accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 1.9131% risk (volatility on return distribution) over the 30 days horizon.
DOW has a standard deviation of returns of 1.91 and is 9.223372036854776E16 times more volatile than Janus Flexible Income B EUR Inc Hedged. 0% of all equities and portfolios are less risky than Janus Flexible. Compared to the overall equity markets, volatility of historical daily returns of Janus Flexible Income B EUR Inc Hedged is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Janus Flexible Income B EUR Inc Hedged to protect your portfolios against small markets fluctuations. The fund experiences moderate downward daily trend and can be a good diversifier. Check odds of Janus Flexible to be traded at 9.72 in 30 days. . As returns on market increase, Janus Flexible returns are expected to increase less than the market. However during bear market, the loss on holding Janus Flexible will be expected to be smaller as well.
Janus Flexible correlation with market