Janus US (Ireland) Probability of Target Price Finishing Over

F0GBR04J1E -- Ireland Fund  

USD 10.99  0.02  0.18%

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 Janus US Backtesting, Portfolio Optimization, Janus US Correlation, Janus US Hype Analysis, Janus US Volatility, Janus US History as well as Janus US Performance.
 Time 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
 10.99 30 days 10.99  ABOUT 33.26%
Based on normal probability distribution, the odds of Janus US to move above current price in 30 days from now is about 33.26% (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 -0.0646 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
=0.08
β
Beta against DOW=0.06
σ
Overall volatility
=4.39
Ir
Information ratio =0.66

Janus US Alerts

Janus US Alerts and Suggestions
Janus US Short generates negative expected return over the last 30 days
The fund retains about 16.6% of its assets under management (AUM) in cash
Additionally see Janus US Backtesting, Portfolio Optimization, Janus US Correlation, Janus US Hype Analysis, Janus US Volatility, Janus US History as well as Janus US Performance. Please also try Cryptocurrency Arbitrage module to find pairs of digital assets on multiple exchanges that are traded at a risk free arbitrage.
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