Janus Europe (Ireland) Probability of Target Price Finishing Over Current Price

    F00000QM7Y -- Ireland Fund  

     8.23  0.00  0.00%

    Janus Europe probability of target price tool provides mechanism to make assumptions about upside and downside potential of Janus Europe U EUR Acc performance during a given time horizon utilizing its historical volatility. Please specify Janus Europe time horizon, a valid symbol (red box) and a target price (blue box) you would like Janus Europe odds to be computed. Additionally see Investing Opportunities.
    Horizon     30 Days    Login   to change
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    Janus Europe Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     8.23 30 days 8.23  NEARLY 4.95%
    Based on normal probability distribution, the odds of Janus Europe to move above current price in 30 days from now is nearly 4.95% (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 0.2051 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 0.2566 implying that it can potentially generate 0.2566% excess return over DOW after adjusting for the inherited market risk (beta).
     Janus Europe Price Density 
          Price 
    α
    Alpha over DOW
    =0.26
    β
    Beta against DOW=0.21
    σ
    Overall volatility
    =0.17
    Ir
    Information ratio =0.38

    Janus Europe Alerts

    Janus Europe Alerts and Suggestions

    Janus Europe U is not yet fully synchronised with the market data
    Additionally see Investing Opportunities. Please also try Price Transformation module to use price transformation models to analyze depth of different equity instruments across global markets.
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