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 TrendCheck current 30 days Janus Global correlation with market (DOW)|
β = 1.0437
Janus Global Central Daily Price Deviation
Janus Global Tech Technical Analysis
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Janus Global Projected Return Density Against MarketAssuming 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
|Alpha over DOW||=||0.19|
|Beta against DOW||=||1.04|
Janus Global Return Volatilitythe 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.
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