|Horizon||30 Days Login to change|
Janus Europe Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|8.23||30 days||8.23||ABOUT 1.59%|
Based on normal probability distribution, the odds of Janus Europe to move above current price in 30 days from now is about 1.59% (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 has beta of 0.0457 suggesting as returns on market go up, Janus Europe average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Janus Europe U EUR Acc will be expected to be much smaller as well. Additionally Janus Europe U EUR Acc has an alpha of 0.1814 implying that it can potentially generate 0.1814% excess return over DOW after adjusting for the inherited market risk (beta).
Janus Europe Price Density
|Alpha over DOW||=||0.18|
|Beta against DOW||=||0.0457|