Janus Detroit Street Etf Performance
| JSI Etf | 52.20 0.31 0.60% |
The etf retains a Market Volatility (i.e., Beta) of -0.026, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Janus Detroit are expected to decrease at a much lower rate. During the bear market, Janus Detroit is likely to outperform the market.
Risk-Adjusted Performance
6 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Janus Detroit Street are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. Despite fairly strong basic indicators, Janus Detroit is not utilizing all of its potentials. The current stock price confusion, may contribute to short-horizon losses for the traders. ...more
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Janus Detroit Relative Risk vs. Return Landscape
If you would invest 5,171 in Janus Detroit Street on August 30, 2024 and sell it today you would earn a total of 49.00 from holding Janus Detroit Street or generate 0.95% return on investment over 90 days. Janus Detroit Street is generating 0.0151% of daily returns assuming volatility of 0.1898% on return distribution over 90 days investment horizon. In other words, 1% of etfs are less volatile than Janus, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
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Janus Detroit Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Janus Detroit's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Janus Detroit Street, and traders can use it to determine the average amount a Janus Detroit's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0798
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Estimated Market Risk
| 0.19 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Janus Detroit is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Janus Detroit by adding it to a well-diversified portfolio.
Janus Detroit Fundamentals Growth
Janus Etf prices reflect investors' perceptions of the future prospects and financial health of Janus Detroit, and Janus Detroit fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Janus Etf performance.
About Janus Detroit Performance
By evaluating Janus Detroit's fundamental ratios, stakeholders can gain valuable insights into Janus Detroit's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Janus Detroit has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Janus Detroit has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Janus Detroit is entity of United States. It is traded as Etf on NYSE ARCA exchange.