Janus US (Ireland) Probability of Target Price Finishing Over

    IE00B6VJYJ47 -- Ireland Fund  

    EUR 219.13  3.22  1.49%

    Janus US probability of target price tool provides mechanism to make assumptions about upside and downside potential of Janus US Venture Z EUR Acc 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. Please also check Risk vs Return Analysis.
     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
     219.13 30 days 219.13  ABOUT 5.65%
    Based on normal probability distribution, the odds of Janus US to move above current price in 30 days from now is about 5.65% (This Janus US Venture Z EUR Acc 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 has beta of 0.0095 . This indicates as returns on market go up, Janus US average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Janus US Venture Z EUR Acc will be expected to be much smaller as well. Additionally Janus US Venture Z EUR Acc has an alpha of 0.0552 implying that it can potentially generate 0.0552% excess return over DOW after adjusting for the inherited market risk (beta).
     Janus US Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.06
    β
    Beta against DOW=0.0095
    σ
    Overall volatility
    =97.30
    Ir
    Information ratio =0.2

    Janus US Alerts

    Janus US Alerts and Suggestions
    The fund retains 96.9% of its assets under management (AUM) in equities
    Please also check Risk vs Return Analysis. Please also try Equity Valuation module to check real value of public entities based on technical and fundamental data.