Janus Global (Ireland) Risk Analysis And Volatility

IE00BHC8SG27 -- Ireland Fund  

USD 15.14  0.52  3.32%

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 Global Tech which you can use to evaluate future volatility of the entity. Please check out Janus Global Risk Adjusted Performance of (0.01815) and Market Risk Adjusted Performance of (0.11) to validate if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

Janus Global Market Sensitivity

Janus Global returns are very sensitive to returns on the market. As market goes up or down, Janus Global is expected to follow.
2 Months Beta |Analyze Janus Global Tech Demand Trend
Check current 30 days Janus Global correlation with market (DOW)
β = 1.0437

Janus Global Central Daily Price Deviation

Janus Global Tech 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 Global Projected Return Density Against Market

Assuming 30 trading days horizon, the fund has beta coefficient of 1.0437 . This indicates Janus Global Tech V USD Acc market returns are sensitive to returns on the market. As the market goes up or down, Janus Global is expected to follow. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. Janus Global Tech is significantly underperforming DOW.
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.19
β
Beta against DOW=1.04
σ
Overall volatility
=0.00
Ir
Information ratio =0.06

Janus Global Return Volatility

the fund accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 0.6865% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Janus Global Volatility Factors

60 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

60 Days Economic Sensitivity

Insignificant

Investment Outlook

Janus Global Investment Opportunity

DOW has a standard deviation of returns of 0.69 and is 9.223372036854776E16 times more volatile than Janus Global Tech V USD Acc. 0% of all equities and portfolios are less risky than Janus Global. Compared to the overall equity markets, volatility of historical daily returns of Janus Global Tech V USD Acc is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Janus Global Tech V USD Acc to protect your portfolios against small markets fluctuations. The fund experiences unexpected downward movement. The market is reacting to new fundamentals. Check odds of Janus Global to be traded at $14.53 in 30 days. . Janus Global returns are very sensitive to returns on the market. As market goes up or down, Janus Global is expected to follow.

Janus Global correlation with market

correlation synergy
Modest diversification
Overlapping area represents the amount of risk that can be diversified away by holding Janus Global Tech V USD Acc and equity matching DJI index in the same portfolio.

Janus Global Volatility Indicators

Janus Global Tech V USD Acc Current Risk Indicators

Please also check Risk vs Return Analysis. Please also try Commodity Channel Index module to use commodity channel index to analyze current equity momentum.
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