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

    F0GBR04J1E -- Ireland Fund  

    USD 11.01  0.00  0.00%

    Janus US probability of target price tool provides mechanism to make assumptions about upside and downside potential of Janus US Short Term Bnd I USD 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
    Symbol:
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    Janus US Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     11.01 30 days 11.01  ABOUT 25.58%
    Based on normal probability distribution, the odds of Janus US to move above current price in 30 days from now is about 25.58% (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 -0.3232 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 Janus US Short Term Bnd I USD has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Janus US Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.05
    β
    Beta against DOW=0.32
    σ
    Overall volatility
    =5.28
    Ir
    Information ratio =0.6

    Janus US Alerts

    Janus US Alerts and Suggestions

    The fund retains about 16.6% of its assets under management (AUM) in cash
    Additionally see Investing Opportunities. Please also try Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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