|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 8.23 ||30 days|| 8.23 || NEAR 1%|
Based on normal probability distribution, the odds of Janus Europe to move above current price in 30 days from now is near 1% (This Janus Europe U EUR Acc probability density function shows the probability of Janus Europe Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Janus Europe U EUR Acc has beta of -0.1799 suggesting as returns on benchmark increase, returns on holding Janus Europe are expected to decrease at a much smaller rate. During bear market, however, Janus Europe U EUR Acc is likely to outperform the market. Additionally Janus Europe U EUR Acc has an alpha of 0.3596 implying that it can potentially generate 0.3596% excess return over DOW after adjusting for the inherited market risk (beta).
Janus Europe Price Density
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|Current Price || ||Target Price || |