Janus Triton Fund Probability of Future Mutual Fund Price Finishing Over 34.98
| JGMNX Fund | USD 26.81 0.31 1.14% |
Janus |
Janus Triton Target Price Odds to finish over 34.98
The tendency of Janus Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over $ 34.98 or more in 90 days |
| 26.81 | 90 days | 34.98 | close to zero percent |
Based on a normal probability distribution, the odds of Janus Triton to move over $ 34.98 or more in 90 days from now is close to zero percent (This Janus Triton Fund probability density function shows the probability of Janus Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Janus Triton price to stay between its current price of $ 26.81 and $ 34.98 at the end of the 90-day period is about 73.13 .
Assuming the 90 days horizon the mutual fund has the beta coefficient of 1.34 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Janus Triton will likely underperform. Additionally Janus Triton Fund has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Janus Triton Price Density |
| Price |
Predictive Modules for Janus Triton
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Janus Triton. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Janus Triton's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Janus Triton Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Janus Triton is not an exception. The market had few large corrections towards the Janus Triton's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Janus Triton Fund, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Janus Triton within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.05 | |
β | Beta against NYSE Composite | 1.34 | |
σ | Overall volatility | 0.60 | |
Ir | Information ratio | -0.03 |
Janus Triton Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Janus Triton for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Janus Triton can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The fund generated three year return of -2.0% | |
| Janus Triton retains 98.0% of its assets under management (AUM) in equities |
Janus Triton Technical Analysis
Janus Triton's future price can be derived by breaking down and analyzing its technical indicators over time. Janus Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Janus Triton Fund. In general, you should focus on analyzing Janus Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Janus Triton Predictive Forecast Models
Janus Triton's time-series forecasting models is one of many Janus Triton's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Janus Triton's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.
Things to note about Janus Triton
Checking the ongoing alerts about Janus Triton for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Janus Triton help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The fund generated three year return of -2.0% | |
| Janus Triton retains 98.0% of its assets under management (AUM) in equities |
Check out Janus Triton Backtesting, Portfolio Optimization, Janus Triton Correlation, Janus Triton Hype Analysis, Janus Triton Volatility, Janus Triton History as well as Janus Triton Performance. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.