Janus Glbl (Ireland) Risk Analysis And Volatility Evaluation

IE00B43M7D28 -- Ireland Fund  

USD 8.83  0.00  0.00%

Macroaxis considers Janus Glbl to be unknown risk. Janus Glbl Invst holds Efficiency (Sharpe) Ratio of -0.5774 which attests that Janus Glbl Invst had -0.5774% of return per unit of risk over the last 2 months. 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 Glbl Invst 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 Glbl Market Risk Adjusted Performance of 56.15 and Risk Adjusted Performance of (0.49) to validate risk estimate we provide.
Horizon     30 Days    Login   to change

Janus Glbl Market Sensitivity

As returns on market increase, returns on owning Janus Glbl are expected to decrease at a much smaller rate. During bear market, Janus Glbl is likely to outperform the market.
2 Months Beta |Analyze Janus Glbl Invst Demand Trend
Check current 30 days Janus Glbl correlation with market (DOW)
β = -0.0032

Janus Glbl Central Daily Price Deviation

Janus Glbl Invst Technical Analysis

Transformation
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 Glbl Projected Return Density Against Market

Assuming 30 trading days horizon, Janus Glbl Invst Grd Bd A has beta of -0.0032 . This indicates as returns on benchmark increase, returns on holding Janus Glbl are expected to decrease at a much smaller rate. During bear market, however, Janus Glbl Invst Grd Bd A is likely to outperform the market. Additionally, Janus Glbl Invst Grd Bd A 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 Glbl is -173.21. The daily returns are destributed with a variance of 0.21 and standard deviation of 0.45. The mean deviation of Janus Glbl Invst Grd Bd A is currently at 0.35. For similar time horizon, the selected benchmark (DOW) has volatility of 1.38
α
Alpha over DOW
=0.18
β
Beta against DOW=0.0032
σ
Overall volatility
=0.45
Ir
Information ratio =0.0064

Janus Glbl Return Volatility

Janus Glbl Invst Grd Bd A accepts 0.4541% volatility on return distribution over the 30 days horizon. DOW inherits 1.3055% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Janus Glbl Volatility Factors

60 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

60 Days Economic Sensitivity

Insignificant

Investment Outlook

Janus Glbl Investment Opportunity

DOW has a standard deviation of returns of 1.31 and is 2.91 times more volatile than Janus Glbl Invst Grd Bd A. 4% of all equities and portfolios are less risky than Janus Glbl. Compared to the overall equity markets, volatility of historical daily returns of Janus Glbl Invst Grd Bd A is lower than 4 (%) of all global equities and portfolios over the last 30 days. Use Janus Glbl Invst Grd Bd A to protect 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 Glbl to be traded at $8.74 in 30 days. As returns on market increase, returns on owning Janus Glbl are expected to decrease at a much smaller rate. During bear market, Janus Glbl is likely to outperform the market.

Janus Glbl correlation with market

correlation synergy
Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Janus Glbl Invst Grd Bd A Inc and equity matching DJI index in the same portfolio.

Janus Glbl Volatility Indicators

Janus Glbl Invst Grd Bd A Current Risk Indicators

Please also check Risk vs Return Analysis. Please also try Headlines Timeline module to stay connected to all market stories and filter out noise. drill down to analyze hype elasticity.
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