Janus US (Ireland) Risk Analysis And Volatility Evaluation

IE00B6VJYJ47 -- Ireland Fund  

EUR 223.66  1.40  0.63%

Macroaxis considers Janus US to be not too risky. Janus US Venture holds Efficiency (Sharpe) Ratio of -0.163 which attests that Janus US Venture had -0.163% of return per unit of risk over the last 1 month. 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 US Venture 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 US to validate risk estimate we provide.
Horizon     30 Days    Login   to change

Janus US Venture Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of seventeen. Janus US Venture Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input. View also all equity analysis or get more info about average price price transform indicator.

Janus US Projected Return Density Against Market

Assuming 30 trading days horizon, Janus US has beta of 0.0 . This indicates unless we do not have required data, the returns on DOW and Janus US are completely uncorrelated. Furthermore, Janus US Venture Z EUR AccIt does not look like Janus US alpha can have any bearing on the equity current valuation.
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of Janus US is -613.43. The daily returns are destributed with a variance of 0.29 and standard deviation of 0.54. The mean deviation of Janus US Venture Z EUR Acc is currently at 0.28. For similar time horizon, the selected benchmark (DOW) has volatility of 0.45
α
Alpha over DOW
=0.00
β
Beta against DOW=0.00
σ
Overall volatility
=0.54
Ir
Information ratio =0.00

Janus US Return Volatility

Janus US Venture Z EUR Acc accepts 0.5352% volatility on return distribution over the 30 days horizon. DOW inherits 0.4487% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Janus US Volatility Factors

30 Days Market Risk

Not too risky

Chance of Distress in 24 months

Almost imposible

30 Days Economic Sensitivity

Market Insensitive

Investment Outlook

Janus US Investment Opportunity

Janus US Venture Z EUR Acc has a volatility of 0.54 and is 1.2 times more volatile than DOW. 4% of all equities and portfolios are less risky than Janus US. Compared to the overall equity markets, volatility of historical daily returns of Janus US Venture Z EUR Acc is lower than 4 (%) of all global equities and portfolios over the last 30 days.

Janus US Volatility Indicators

Janus US Venture Z EUR Acc Current Risk Indicators

Please also check Risk vs Return Analysis. Please also try Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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