Janus Balanced (Ireland) Risk Analysis And Volatility Evaluation

IE00BFSS8623 -- Ireland Fund  

CAD 13.28  0.06  0.45%

Our philosophy towards determining volatility of a fund is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Janus Balanced I which you can use to evaluate future volatility of the entity. Please check out Janus Balanced Market Risk Adjusted Performance of 2.94 and Risk Adjusted Performance of 0.0936 to validate if risk estimate we provide are consistent with the epected return of 0.0%.
 Time Horizon     30 Days    Login   to change

Janus Balanced Market Sensitivity

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.
One Month Beta |Analyze Janus Balanced I Demand Trend
Check current 30 days Janus Balanced correlation with market (DOW)
β = -0.0462
Janus Balanced Almost negative betaJanus Balanced I Beta Legend

Janus Balanced I 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.

Projected Return Density Against Market

Assuming 30 trading days horizon, Janus Balanced I CAD Acc Hedged has beta of -0.0462 . This indicates as returns on benchmark increase, returns on holding Janus Balanced are expected to decrease at a much smaller rate. During bear market, however, Janus Balanced I CAD Acc Hedged is likely to outperform the market. Moreover, Janus Balanced I CAD Acc Hedged has an alpha of 0.1409 implying that it can potentially generate 0.1409% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.14
β
Beta against DOW=0.05
σ
Overall volatility
=0.00
Ir
Information ratio =0.0405

Actual Return Volatility

Janus Balanced I CAD Acc Hedged accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 0.5639% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Janus Balanced Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Unaffected

Investment Outlook

Janus Balanced Investment Opportunity
DOW has a standard deviation of returns of 0.56 and is 9.223372036854776E16 times more volatile than Janus Balanced I CAD Acc Hedged. 0% of all equities and portfolios are less risky than Janus Balanced. Compared to the overall equity markets, volatility of historical daily returns of Janus Balanced I CAD Acc Hedged is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Janus Balanced I CAD Acc Hedged to enhance returns of your portfolios. The fund experiences normal upward fluctuation. Check odds of Janus Balanced to be traded at C$13.94 in 30 days. 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.

Janus Balanced correlation with market

Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Janus Balanced I CAD Acc Hedge and equity matching DJI index in the same portfolio.

Volatility Indicators

Janus Balanced Current Risk Indicators
Please also check Risk vs Return Analysis. Please also try Volatility Analysis module to get historical volatility and risk analysis based on latest market data.