Janus US (Ireland) Probability of Target Price Finishing Over

    F000000S56 -- Ireland Fund  

    EUR 20.14  0.16  0.80%

    Janus US probability of target price tool provides mechanism to make assumptions about upside and downside potential of Janus US Research I EUR Acc Hedged 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. Additionally see Investing Opportunities.
     Time Horizon     30 Days    Login   to change
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    Janus US Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     20.14 30 days 20.14  ABOUT 23.03%
    Based on normal probability distribution, the odds of Janus US to move above current price in 30 days from now is about 23.03% (This Janus US Research I EUR Acc Hedged 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 Research I EUR Acc Hedged has beta of -0.1967 suggesting 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 Research I EUR Acc Hedged is likely to outperform the market. Additionally Janus US Research I EUR Acc Hedged has an alpha of 0.3142 implying that it can potentially generate 0.3142% excess return over DOW after adjusting for the inherited market risk (beta).
     Janus US Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.31
    β
    Beta against DOW=0.2
    σ
    Overall volatility
    =7.17
    Ir
    Information ratio =0.34

    Janus US Alerts

    Janus US Alerts and Suggestions
    The fund retains 98.67% of its assets under management (AUM) in equities
    Additionally see Investing Opportunities. Please also try Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.