|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 1,321 ||30 days|| 1,321 || ROUGHLY 2.2%|
Based on normal probability distribution, the odds of Janus Emerging to move above current price in 30 days from now is roughly 2.2% (This Janus Emerging Markets U GBP Acc probability density function shows the probability of Janus Emerging Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Janus Emerging has beta of 0.0 suggesting unless we do not have required data, the returns on DOW and Janus Emerging are completely uncorrelated. Additionally Janus Emerging Markets U GBP AccIt does not look like Janus Emerging alpha can have any bearing on the equity current valuation.
Janus Emerging Price Density
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|Current Price || ||Target Price || |