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

    F00000QM82 -- Ireland Fund  

    EUR 11.49  0.46  3.85%

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

    Current PriceHorizonTarget PriceOdds 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 
          Price 
    α
    Alpha over DOW
    =0.21
    β
    Beta against DOW=0.59
    σ
    Overall volatility
    =0.80
    Ir
    Information ratio =0.08

    Janus Opportunistic Alerts

    Janus Opportunistic Alerts and Suggestions

    Janus Opportunistic is not yet fully synchronised with the market data
    Janus Opportunistic generates negative expected return over the last 30 days
    The fund retains about 9.49% of its assets under management (AUM) in cash

    Price Density Drivers

    Janus Opportunistic Health Indicators

    Additionally see Investing Opportunities. Please also try Money Flow Index module to determine momentum by analyzing money flow index and other technical indicators.
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