|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 14.47 ||30 days|| 14.47 || ABOUT 7.27%|
Based on normal probability distribution, the odds of Janus Opportunistic to move above current price in 30 days from now is about 7.27% (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 Alpha U EUR Acc Hdg has beta of -0.1002 suggesting as returns on benchmark increase, returns on holding Janus Opportunistic are expected to decrease at a much smaller rate. During bear market, however, Janus Opportunistic Alpha U EUR Acc Hdg is likely to outperform the market. Additionally Janus Opportunistic Alpha U EUR Acc Hdg has an alpha of 0.6028 implying that it can potentially generate 0.6028% excess return over DOW after adjusting for the inherited market risk (beta).
Janus Opportunistic Price Density
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|Current Price || ||Target Price || |