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

    IE00B3ZM0R87 -- Ireland Fund  

    EUR 10.32  0.00  0.00%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     10.32 30 days 10.32  CLOSE TO 99%
    Based on normal probability distribution, the odds of Janus Glbl to move above current price in 30 days from now is close to 99% (This Janus Glbl Invst Grd Bd A EUR Acc Hedged probability density function shows the probability of Janus Glbl Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Janus Glbl Invst Grd Bd A EUR Acc Hedged has beta of -0.0419 . This indicates as returns on benchmark increase, returns on holding Janus Glbl are expected to decrease at a much smaller rate. During bear market, however, Janus Glbl Invst Grd Bd A EUR Acc Hedged 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 Glbl Invst is significantly underperforming DOW.
     Janus Glbl Price Density 
          Price 
    α
    Alpha over DOW
    =0.16
    β
    Beta against DOW=0.04
    σ
    Overall volatility
    =0.24
    Ir
    Information ratio =0.43

    Janus Glbl Alerts

    Janus Glbl Alerts and Suggestions

    Janus Glbl Invst is not yet fully synchronised with the market data
    The fund retains about 7.66% of its assets under management (AUM) in cash

    Price Density Drivers

    Janus Glbl Health Indicators

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