Janus Detroit Annual Yield vs. One Year Return
| JSI Etf | 52.20 0.31 0.60% |
For Janus Detroit profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Janus Detroit to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Janus Detroit Street utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Janus Detroit's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Janus Detroit Street over time as well as its relative position and ranking within its peers.
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The market value of Janus Detroit Street is measured differently than its book value, which is the value of Janus that is recorded on the company's balance sheet. Investors also form their own opinion of Janus Detroit's value that differs from its market value or its book value, called intrinsic value, which is Janus Detroit's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Janus Detroit's market value can be influenced by many factors that don't directly affect Janus Detroit's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Janus Detroit's value and its price as these two are different measures arrived at by different means. Investors typically determine if Janus Detroit is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Janus Detroit'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 Detroit Street One Year Return vs. Annual Yield Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Janus Detroit's current stock value. Our valuation model uses many indicators to compare Janus Detroit value to that of its competitors to determine the firm's financial worth. Janus Detroit Street is rated below average in annual yield as compared to similar ETFs. It is considered the top ETF in one year return as compared to similar ETFs reporting about 596.03 of One Year Return per Annual Yield. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Janus Detroit's earnings, one of the primary drivers of an investment's value.Janus One Year Return vs. Annual Yield
Yield generally refers to the amount of cash that is paid back to the owner of a security over a specific time (usually one year). It is expressed as a percentage of current market price, and usually amounts to all the interests and/or dividends paid over a given period. A higher yield allows the shareholders to generate returns on their investments sooner. However, investors should also be aware that a high yield may be a result of market turmoil or increased price volatility.
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| = | 0 % |
Small firms, start-ups, or companies with high growth potential typically do not pay out dividends or distribute a lot of their profits. These companies will have small yield. Alternatively, more established companies, ETFs, and funds that invest in bonds will have higher yields.
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.
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| = | 9.00 % |
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
Janus One Year Return Comparison
Janus Detroit is currently under evaluation in one year return as compared to similar ETFs.
Janus Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Janus Detroit. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Janus Detroit position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Janus Detroit's important profitability drivers and their relationship over time.
Use Janus Detroit in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Janus Detroit position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Janus Detroit will appreciate offsetting losses from the drop in the long position's value.Janus Detroit Pair Trading
Janus Detroit Street Pair Trading Analysis
The ability to find closely correlated positions to Janus Detroit could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Janus Detroit when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Janus Detroit - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Janus Detroit Street to buy it.
The correlation of Janus Detroit is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Janus Detroit moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Janus Detroit Street moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Janus Detroit can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Janus Detroit position
In addition to having Janus Detroit in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Materials ETFs Thematic Idea Now
Materials ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Materials ETFs theme has 51 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Materials ETFs Theme or any other thematic opportunities.
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Check out Risk vs Return Analysis. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
To fully project Janus Detroit's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Janus Detroit Street at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Janus Detroit's income statement, its balance sheet, and the statement of cash flows.