The fund retains Market Volatility (i.e. Beta) of -0.026 which attests that as returns on market increase, returns on owning Janus Balanced are expected to decrease at a much smaller rate. During bear market, Janus Balanced is likely to outperform the market. . Even though it is essential to pay attention to Janus Balanced I current price history, it is always good to be careful when utilizing equity current price movements. Macroaxis philosophy towards determining future performance of any fund is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Janus Balanced I exposes twenty-one different technical indicators which can help you to evaluate its performance.
|Horizon||30 Days Login to change|
Janus Balanced I Relative Risk vs. Return LandscapeIf you would invest 1,296 in Janus Balanced I CAD Acc Hedged on December 17, 2018 and sell it today you would lose (16.00) from holding Janus Balanced I CAD Acc Hedged or give up 1.23% of portfolio value over 30 days. Janus Balanced I CAD Acc Hedged is generating negative expected returns and assumes 0.7128% volatility on return distribution over the 30 days horizon. Simply put, 6% of equities are less volatile than Janus Balanced I and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
Janus Balanced Current Valuation
Janus Balanced is Unknown risk asset. Janus Balanced I regular Real Value cannot be determined due to lack of data. The prevalent price of Janus Balanced I is C$12.8. Based on Macroaxis valuation methodology, the entity cannot be evaluated at this time. We determine the value of Janus Balanced I from evaluating fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage to acquire undervalued assets and to sell overvalued assets since at some point stocks prices and their ongoing real values will come together.
Janus Balanced Market Risk Analysis
Sharpe Ratio = -0.5774
Janus Balanced Relative Performance Indicators
Estimated Market Risk
Risk-Adjusted Fund PerformanceOver the last 30 days Janus Balanced I CAD Acc Hedged has generated negative risk-adjusted returns adding no value to fund investors.
|Fifty Two Week Low||12.6300|
|Fifty Two Week High||12.7200|