|Current Price||Horizon||Target Price||Odds 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).
| || |
|Current Price || ||Target Price || |