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
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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   
    Alpha over DOW
    Beta against DOW=0.32
    Overall volatility
    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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