|Current Price||Horizon||Target Price||Odds 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