Janus Enterprise 529 Fund Market Value
| CJEAX Fund | USD 30.01 0.19 0.63% |
| Symbol | Janus |
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.
| 11/16/2024 |
| 12/16/2024 |
If you would invest 0.00 in Janus Enterprise on November 16, 2024 and sell it all today you would earn a total of 0.00 from holding Janus Enterprise 529 or generate 0.0% return on investment in Janus Enterprise over 30 days. Janus Enterprise is related to or competes with Vanguard Total, Vanguard 500, Vanguard Total, Vanguard Total, Vanguard Total, Vanguard Total, and Vanguard 500. Janus Enterprise is entity of United States 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 529 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6143 | |||
| Information Ratio | 0.014 | |||
| Maximum Drawdown | 3.43 | |||
| Value At Risk | (0.80) | |||
| Potential Upside | 1.79 |
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.| Risk Adjusted Performance | 0.1083 | |||
| Jensen Alpha | 0.0347 | |||
| Total Risk Alpha | 0.0084 | |||
| Sortino Ratio | 0.0169 | |||
| Treynor Ratio | 0.1376 |
Janus Enterprise 529 Backtested Returns
At this stage we consider Janus Mutual Fund to be very steady. Janus Enterprise 529 holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Janus Enterprise 529, which you can use to evaluate the volatility of the entity. Please check out Janus Enterprise's Market Risk Adjusted Performance of 0.1476, downside deviation of 0.6143, and Risk Adjusted Performance of 0.1083 to validate if the risk estimate we provide is consistent with the expected return of 0.0827%. The fund retains a Market Volatility (i.e., Beta) of 0.73, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Janus Enterprise's returns are expected to increase less than the market. However, during the bear market, the loss of holding Janus Enterprise is expected to be smaller as well.
Auto-correlation | -0.87 |
Excellent reverse predictability
Janus Enterprise 529 has excellent reverse predictability. Overlapping area represents the amount of predictability between Janus Enterprise time series from 16th of November 2024 to 1st of December 2024 and 1st of December 2024 to 16th of December 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 529 price movement. The serial correlation of -0.87 indicates that approximately 87.0% of current Janus Enterprise price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.87 | |
| Spearman Rank Test | -0.84 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Janus Enterprise 529 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 529.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Janus Mutual Fund
Janus Enterprise 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 Enterprise security.
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