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

    IE00BFSS8623 -- Ireland Fund  

    CAD 12.90  0.14  1.10%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     12.90 30 days 12.90  ABOUT 31.34%
    Based on normal probability distribution, the odds of Janus Balanced to move above current price in 30 days from now is about 31.34% (This Janus Balanced I CAD Acc Hedged probability density function shows the probability of Janus Balanced Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Janus Balanced has beta of 0.0932 . This indicates as returns on market go up, Janus Balanced average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Janus Balanced I CAD Acc Hedged will be expected to be much smaller as well. Additionally Janus Balanced I CAD Acc Hedged has an alpha of 0.1653 implying that it can potentially generate 0.1653% excess return over DOW after adjusting for the inherited market risk (beta).
     Janus Balanced Price Density 
          Price 
    α
    Alpha over DOW
    =0.17
    β
    Beta against DOW=0.09
    σ
    Overall volatility
    =4.68
    Ir
    Information ratio =0.39

    Janus Balanced Alerts

    Janus Balanced Alerts and Suggestions

    Janus Balanced I is not yet fully synchronised with the market data
    Janus Balanced I generates negative expected return over the last 30 days
    The fund retains about 38.77% of its assets under management (AUM) in fixed income securities

    Price Density Drivers

    Janus Balanced Health Indicators

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