JANUS US (Ireland) Probability of Target Price Finishing Over Current Price

    1048579 -- Ireland Fund  

    USD 24.77  0.21  0.85%

    JANUS US probability of target price tool provides mechanism to make assumptions about upside and downside potential of JANUS US TWEN I ACC performance during a given time horizon utilizing its historical volatility. Please specify JANUS US time horizon, a valid symbol (red box) and a target price (blue box) you would like JANUS US odds to be computed. Check also Trending Equities.
    Horizon     30 Days    Login   to change
    Symbol:
    Refresh Odds

    JANUS US Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     24.77 30 days 24.77  ABOUT 25.2%
    Based on normal probability distribution, the odds of JANUS US to move above current price in 30 days from now is about 25.2% (This JANUS US TWEN I ACC probability density function shows the probability of JANUS US Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, JANUS US TWEN I ACC has beta of -0.0106 . This suggests as returns on benchmark increase, returns on holding JANUS US are expected to decrease at a much smaller rate. During bear market, however, JANUS US TWEN I ACC is likely to outperform the market. Additionally JANUS US TWEN I ACC has an alpha of 0.0195 implying that it can potentially generate 0.0195% excess return over DOW after adjusting for the inherited market risk (beta).
     JANUS US Price Density 
          Price 
    α
    Alpha over DOW
    =0.019499
    β
    Beta against DOW=0.01
    σ
    Overall volatility
    =11.61
    Ir
    Information ratio =0.30

    JANUS US Alerts

    JANUS US Alerts and Suggestions

    JANUS US TWEN is not yet fully synchronised with the market data
    JANUS US TWEN generates negative expected return over the last 30 days
    Check also Trending Equities. Please also try Crypto Portfolio Optimizer module to optimize portfolio of digital coins and token across multiple currency and exchanges.
    Search macroaxis.com