Janus Enterprise Fund Market Value

JDMNX Fund  USD 144.13  1.53  1.07%   
Janus Enterprise's market value is the price at which a share of Janus Enterprise trades on a public exchange. It measures the collective expectations of Janus Enterprise Fund investors about its performance. Janus Enterprise is trading at 144.13 as of the 28th of March 2024; that is 1.07 percent increase since the beginning of the trading day. The fund's open price was 142.6.
With this module, you can estimate the performance of a buy and hold strategy of Janus Enterprise Fund and determine expected loss or profit from investing in Janus Enterprise over a given investment horizon. Check out Janus Enterprise Correlation, Janus Enterprise Volatility and Janus Enterprise Alpha and Beta module to complement your research on Janus Enterprise.
Symbol

Please note, there is a significant difference between Janus Enterprise's value and its price as these two are different measures arrived at by different means. Investors typically determine if Janus Enterprise is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Janus Enterprise'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.

Janus Enterprise 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Janus Enterprise's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Janus Enterprise.
0.00
02/27/2024
No Change 0.00  0.0 
In 31 days
03/28/2024
0.00
If you would invest  0.00  in Janus Enterprise on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding Janus Enterprise Fund or generate 0.0% return on investment in Janus Enterprise over 30 days. Janus Enterprise is related to or competes with USCF Gold, Janus Global, Janus Global, Janus Global, Janus Global, Janus Growth, and Janus Growth. The fund pursues its investment objective by investing primarily in common stocks selected for their growth potential, a... More

Janus Enterprise Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Janus Enterprise's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Janus Enterprise Fund upside and downside potential and time the market with a certain degree of confidence.

Janus Enterprise Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Janus Enterprise's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Janus Enterprise's standard deviation. In reality, there are many statistical measures that can use Janus Enterprise historical prices to predict the future Janus Enterprise's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Janus Enterprise'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.
Hype
Prediction
LowEstimatedHigh
143.42144.19144.96
Details
Intrinsic
Valuation
LowRealHigh
127.51128.28158.54
Details
Naive
Forecast
LowNextHigh
143.81144.58145.35
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
142.18143.62145.06
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Janus Enterprise. Your research has to be compared to or analyzed against Janus Enterprise's peers to derive any actionable benefits. When done correctly, Janus Enterprise's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Janus Enterprise Fund.

Janus Enterprise Fund Backtested Returns

We consider Janus Enterprise very steady. Janus Enterprise Fund holds Efficiency (Sharpe) Ratio of 0.17, which attests that the entity had a 0.17% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Janus Enterprise Fund, which you can use to evaluate the volatility of the entity. Please check out Janus Enterprise's Risk Adjusted Performance of 0.1069, downside deviation of 0.7316, and Market Risk Adjusted Performance of 0.1184 to validate if the risk estimate we provide is consistent with the expected return of 0.13%. The fund retains a Market Volatility (i.e., Beta) of 1.21, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Janus Enterprise will likely underperform.

Auto-correlation

    
  0.30  

Below average predictability

Janus Enterprise Fund has below average predictability. Overlapping area represents the amount of predictability between Janus Enterprise time series from 27th of February 2024 to 13th of March 2024 and 13th of March 2024 to 28th of March 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Janus Enterprise Fund price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current Janus Enterprise price fluctuation can be explain by its past prices.
Correlation Coefficient0.3
Spearman Rank Test0.52
Residual Average0.0
Price Variance1.27

Janus Enterprise Fund lagged returns against current returns

Autocorrelation, which is Janus Enterprise mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Janus Enterprise's mutual fund expected returns. We can calculate the autocorrelation of Janus Enterprise returns to help us make a trade decision. For example, suppose you find that Janus Enterprise has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Janus Enterprise regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Janus Enterprise mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Janus Enterprise mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Janus Enterprise mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Janus Enterprise Lagged Returns

When evaluating Janus Enterprise's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Janus Enterprise mutual fund have on its future price. Janus Enterprise autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Janus Enterprise autocorrelation shows the relationship between Janus Enterprise mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Janus Enterprise Fund.
   Regressed Prices   
       Timeline  

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Janus Enterprise in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Janus Enterprise's short interest history, or implied volatility extrapolated from Janus Enterprise options trading.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
Check out Janus Enterprise Correlation, Janus Enterprise Volatility and Janus Enterprise Alpha and Beta module to complement your research on Janus Enterprise.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

Complementary Tools for Janus Mutual Fund analysis

When running Janus Enterprise's price analysis, check to measure Janus Enterprise'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 Enterprise is operating at the current time. Most of Janus Enterprise's value examination focuses on studying past and present price action to predict the probability of Janus Enterprise's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Janus Enterprise's price. Additionally, you may evaluate how the addition of Janus Enterprise to your portfolios can decrease your overall portfolio volatility.
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Money Managers
Screen money managers from public funds and ETFs managed around the world
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
AI Investment Finder
Use AI to screen and filter profitable investment opportunities
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Janus Enterprise technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
A focus of Janus Enterprise technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Janus Enterprise trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...