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  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 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.36
    β
    Beta against DOW=0.18
    σ
    Overall volatility
    =0.13
    Ir
    Information ratio =0.35

    Current Sentiment - F00000QM7Y

    Janus Europe U Investor Sentiment

    Macroaxis portfolio users are insensible in their opinion about investing in Janus Europe U EUR Acc. What is your judgment towards investing in Janus Europe U EUR Acc? Are you bullish or bearish?
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    Additionally see Investing Opportunities. Please also try Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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