Why Chewy Stock Sank by 6 percent on Thursday
| JAGCX Fund | USD 49.98 0.19 0.38% |
Slightly above 62% of Janus Global's investor base is looking to short. The analysis of overall sentiment of trading Janus Global Technology mutual fund suggests that many investors are alarmed at this time. Janus Global's investing sentiment can be driven by a variety of factors including economic data, Janus Global's earnings reports, geopolitical events, and overall market trends.
Janus |
Chewy stock took another hit on Thursday, a day after getting dinged by investors reacting to the companys third-quarter earnings report. While there was no direct news of note from the company, one analyst tracking its shares downgraded his recommendation. The result was that Chewys share price fell by 6 percent across the trading session, a notably steeper decline than the SP 500 indexs 0.2 percent drop.
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Janus Global Fundamental Analysis
We analyze Janus Global's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Janus Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Janus Global 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.
One Year Return
One Year Return Comparative Analysis
Janus Global is currently under evaluation in one year return among similar funds. One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
Janus Global Technology Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Janus Global mutual fund to make a market-neutral strategy. Peer analysis of Janus Global could also be used in its relative valuation, which is a method of valuing Janus Global by comparing valuation metrics with similar companies.
Peers
Janus Global Related Equities
| CNGLX | Commonwealth Global | 0.51 | ||||
| CABIX | Ab Global | 0.33 | ||||
| LFLCX | Legg Mason | 0.10 | ||||
| ZGFIX | Investec Global | 0.16 | ||||
| WRLDX | Scharf Global | 0.16 | ||||
| SGMAX | Siit Global | 0.23 | ||||
| AGAZX | 361 Global | 2.03 |
Other Information on Investing in Janus Mutual Fund
Janus Global 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 Global security.
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