Janus US probability of target price tool provides mechanism to make assumptions about upside and downside potential of Janus US Twenty U EUR Acc Hedged performance during a given time horizon utilizing its historical volatility. Please specify Janus US time horizon, a valid symbol (red box) and a target price (blue box) you would like Janus US odds to be computed. Additionally see Investing Opportunities.
|Horizon||30 Days Login to change|
Janus US Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|15.25||30 days||15.25||ABOUT 36.94%|
Based on normal probability distribution, the odds of Janus US to move above current price in 30 days from now is about 36.94% (This Janus US Twenty U EUR Acc Hedged probability density function shows the probability of Janus US Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, Janus US Twenty U EUR Acc Hedged has beta of -0.8804 suggesting Additionally Janus US Twenty U EUR Acc Hedged has an alpha of 0.187 implying that it can potentially generate 0.187% excess return over DOW after adjusting for the inherited market risk (beta).
Janus US Price Density
|Alpha over DOW||=||0.19|
|Beta against DOW||=||0.88|