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

    IE00B3ZM0R87 -- Ireland Fund  

    EUR 10.37  0.04  0.38%

    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
     10.37 30 days 10.37  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 has beta of 0.059 . This indicates as returns on market go up, Janus Glbl average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Janus Glbl Invst Grd Bd A EUR Acc Hedged will be expected to be much smaller as well. Additionally Janus Glbl Invst Grd Bd A EUR Acc Hedged has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Janus Glbl Price Density 
          Price 
    α
    Alpha over DOW
    =0.15
    β
    Beta against DOW=0.06
    σ
    Overall volatility
    =0.22
    Ir
    Information ratio =0.041463

    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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