|Horizon||30 Days Login to change|
Janus Opportunistic Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|11.49||30 days||11.49||OVER 95.46%|
Based on normal probability distribution, the odds of Janus Opportunistic to move above current price in 30 days from now is over 95.46% (This Janus Opportunistic Alpha U EUR Acc Hdg probability density function shows the probability of Janus Opportunistic Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, Janus Opportunistic has beta of 0.5946 suggesting as returns on market go up, Janus Opportunistic average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Janus Opportunistic Alpha U EUR Acc Hdg will be expected to be much smaller as well. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Janus Opportunistic is significantly underperforming DOW.
Janus Opportunistic Price Density
|Alpha over DOW||=||0.21|
|Beta against DOW||=||0.59|