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|
JANUS US Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds 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
|Alpha over DOW||=||0.019499|
|Beta against DOW||=||0.01|