# Janus Z Score

JDMAX -  USA Fund

## USD 124.854.203.48%

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Please see Janus Henderson Piotroski F Score and Portfolio Optimization analysis.
 Janus Refresh

## Janus Z Score Analysis

Janus Henderson's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
 Z Score = Sum Of 5 Factors
More About Z Score | All Equity Analysis
 First Factor = 1.2 * ( Working Capital / Total Assets )
 Second Factor = 1.4 * ( Retained Earnings / Total Assets )
 Thrid Factor = 3.3 * ( EBITAD / Total Assets )
 Fouth Factor = 0.6 * ( Market Value of Equity / Total Liabilities )
 Fifth Factor = 0.99 * ( Revenue / Total Assets )
To calculate Z-Score one would need to know current working capital of the company, its total assets, and liabilities, amount of latest retained earnings as well as earnings before interest and tax. Z-Score can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area' with scores of less than 1, indicating the high probability of distress. Z Score is used widely by financial auditors, accountants, money managers, loan processers, wealth advisers, as well as day traders. In the last 25 years, many financial models that utilize z score has been proved to be successful as a predictor of corporate bankruptcy.
 Compare to competition Predict Janus Henderson

## Janus Henderson Z Score Component Assessment

According to the company's disclosures, Janus Henderson Enterprise has a Z Score of 0.0. This indicator is about the same for the Janus Henderson average (which is currently at 0.0) family and about the same as Mid-Cap Growth (which currently averages 0.0) category. This indicator is about the same for all United States funds average (which is currently at 0.0).

## Did you try this?

### Run ETF Directory Now

#### ETF Directory

 All  Next Launch Module

## Fund Asset Allocation for Janus Henderson

The fund consists of 96.66% investments in stocks, with the rest of investments allocated between different money market instruments and various exotic instruments.
 Value
 Instrument Type

## Janus Fundamentals

 Price to Earning 25.63 X Price to Book 4.28 X Price to Sales 1.91 X Total Asset 23.2 B One Year Return 6.13 % Three Year Return 11.74 % Five Year Return 10.88 % Ten Year Return 14.29 % Net Asset 23.2 B Cash Position Weight 3.33 % Equity Positions Weight 96.66 %

## About Janus Henderson Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Janus Henderson Enterprise's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Janus Henderson using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Janus Henderson Enterprise based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
The fund pursues its investment objective by investing primarily in common stocks selected for their growth potential, and normally invests at least 50 percent of its equity assets in medium-sized companies. Janus Henderson is traded on NASDAQ Exchange in the United States.

## Be your own money manager

Our tools can tell you how much better you can do entering a position in Janus Henderson without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

## Did you try this?

### Run Bollinger Bands Now

#### Bollinger Bands

Use Bollinger Bands indicator to analyze target price for a given investing horizon
 All  Next Launch Module

## Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Janus Henderson Ente using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

## Build Optimal Portfolios

### Align your risk with return expectations

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please see Janus Henderson Piotroski F Score and Portfolio Optimization analysis. Note that the Janus Henderson Ente information on this page should be used as a complementary analysis to other Janus Henderson's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Equity Valuation module to check real value of public entities based on technical and fundamental data.

## Complementary Tools for Janus Mutual Fund analysis

When running Janus Henderson Ente price analysis, check to measure Janus Henderson's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Janus Henderson is operating at the current time. Most of Janus Henderson's value examination focuses on studying past and present price action to predict the probability of Janus Henderson's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Janus Henderson's price. Additionally, you may evaluate how the addition of Janus Henderson to your portfolios can decrease your overall portfolio volatility.
 Equity ForecastingUse basic forecasting models to generate price predictions and determine price momentum Go Equity AnalysisResearch over 250,000 global equities including funds, stocks and ETFs to find investment opportunities Go Performance AnalysisCheck effects of mean-variance optimization against your current asset allocation Go Idea OptimizerUse advanced portfolio builder with pre-computed micro ideas to build optimal portfolio Go Positions RatingsDetermine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance Go Pair CorrelationCompare performance and examine fundamental relationship between any two equity instruments Go Theme RatingsDetermine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance Go Balance Of PowerCheck stock momentum by analyzing Balance Of Power indicator and other technical ratios Go Competition AnalyzerAnalyze and compare many basic indicators for a group of related or unrelated entities Go Premium StoriesFollow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope Go Companies DirectoryEvaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals Go Portfolio File ImportQuickly import all of your third-party portfolios from your local drive in csv format Go Content SyndicationQuickly integrate customizable finance content to your own investment portal Go
Please note, there is a significant difference between Janus Henderson's value and its price as these two are different measures arrived at by different means. Investors typically determine Janus Henderson value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Janus Henderson's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.