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

    IE00B6VJYJ47 -- Ireland Fund  

    EUR 173.57  10.32  5.61%

    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.
    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
     173.57 30 days 173.57  ABOUT 11.69%
    Based on normal probability distribution, the odds of Janus US to move above current price in 30 days from now is about 11.69% (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 0.0111 . 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 The company has a negative alpha implying that the risk taken by holding this equity is not justified. Janus US Venture is significantly underperforming DOW.
     Janus US Price Density 
    Alpha over DOW
    Beta against DOW=0.0111
    Overall volatility
    Information ratio =0.09

    Janus US Alerts

    Janus US Alerts and Suggestions

    Janus US Venture is not yet fully synchronised with the market data
    The fund retains 96.9% of its assets under management (AUM) in equities

    Price Density Drivers

    Janus US Health Indicators

    Please also check Risk vs Return Analysis. Please also try Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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