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

    IE0002167009 -- Ireland Fund  

    EUR 9.96  0.34  3.30%

    Janus Global probability of target price tool provides mechanism to make assumptions about upside and downside potential of Janus Global Tech A EUR Acc Hdg performance during a given time horizon utilizing its historical volatility. Please specify Janus Global time horizon, a valid symbol (red box) and a target price (blue box) you would like Janus Global odds to be computed. Please also check Risk vs Return Analysis.
    Horizon     30 Days    Login   to change
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    Janus Global Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     9.96 30 days 9.96  ROUGHLY 2.33%
    Based on normal probability distribution, the odds of Janus Global to move above current price in 30 days from now is roughly 2.33% (This Janus Global Tech A EUR Acc Hdg probability density function shows the probability of Janus Global Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Janus Global has beta of 0.2216 . This indicates as returns on market go up, Janus Global average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Janus Global Tech A EUR Acc Hdg will be expected to be much smaller as well. Additionally The company has an alpha of 0.0675 implying that it can potentially generate 0.0675% excess return over DOW after adjusting for the inherited market risk (beta).
     Janus Global Price Density 
          Price 
    α
    Alpha over DOW
    =0.07
    β
    Beta against DOW=0.22
    σ
    Overall volatility
    =4.18
    Ir
    Information ratio =0.02

    Janus Global Alerts and Suggestions

    Janus Global Tech is not yet fully synchronised with the market data
    The fund retains all of its assets under management (AUM) in equities

    Janus GlobalPrice Density Drivers

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