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

    IE00BFSS8623 -- Ireland Fund  

    CAD 13.45  0.00  0.00%

    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
     13.45 30 days 13.45  ABOUT 21.96%
    Based on normal probability distribution, the odds of Janus Balanced to move above current price in 30 days from now is about 21.96% (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 0.3217 . 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 0.0363 implying that it can potentially generate 0.0363% excess return over DOW after adjusting for the inherited market risk (beta).
     Janus Balanced Price Density 
    Current Price   Target Price   
    Alpha over DOW
    Beta against DOW=0.32
    Overall volatility
    Information ratio =0.08

    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
    Please also check Risk vs Return Analysis. Please also try Pair Correlation module to compare performance and examine historical correlation between any two equity instruments.
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