|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|
|10.96||30 days||10.96||ABOUT 34.54%|
Based on normal probability distribution, the odds of Janus US to move above current price in 30 days from now is about 34.54% (This Janus US Short Term Bnd I USD 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 Short Term Bnd I USD has beta of -0.0126 suggesting as returns on benchmark increase, returns on holding Janus US are expected to decrease at a much smaller rate. During bear market, however, Janus US Short Term Bnd I USD is likely to outperform the market. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Janus US Short is significantly underperforming DOW.
Janus US Price Density
|Alpha over DOW||=||0.04|
|Beta against DOW||=||0.01|