|Horizon||30 Days Login to change|
Janus Glbl Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds 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
|Alpha over DOW||=||0.16|
|Beta against DOW||=||0.04|