Janus Triton Fund Probability of Future Mutual Fund Price Finishing Under 27.02
| JATTX Fund | USD 26.55 0.19 0.72% |
Janus |
Janus Triton Target Price Odds to finish below 27.02
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 stay under $ 27.02 after 90 days |
| 26.55 | 90 days | 27.02 | about 7.37 |
Based on a normal probability distribution, the odds of Janus Triton to stay under $ 27.02 after 90 days from now is about 7.37 (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 $ 26.55 and $ 27.02 at the end of the 90-day period is nearly 4.62 .
Assuming the 90 days horizon the mutual fund has the beta coefficient of 1.06 . This indicates Janus Triton Fund market returns are sensitive to returns on the market. As the market goes up or down, Janus Triton is expected to follow. 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 Dow Jones Industrial. 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 Dow Jones | -0.13 | |
β | Beta against Dow Jones | 1.06 | |
σ | Overall volatility | 1.02 | |
Ir | Information ratio | -0.1 |
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.| Janus Triton generated a negative expected return over the last 90 days | |
| The fund generated three year return of -1.0% | |
| Janus Triton retains 97.38% 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.
| Janus Triton generated a negative expected return over the last 90 days | |
| The fund generated three year return of -1.0% | |
| Janus Triton retains 97.38% of its assets under management (AUM) in equities |
Other Information on Investing in Janus Mutual Fund
Janus Triton financial ratios help investors to determine whether Janus Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Janus with respect to the benefits of owning Janus Triton security.
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios |