Janus Multi-sector Mutual Fund Forecast - Simple Exponential Smoothing
| JMUAX Fund | USD 8.81 0.01 0.11% |
The Simple Exponential Smoothing forecasted value of Janus Multi Sector Income on the next trading day is expected to be 8.81 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.56. Janus Mutual Fund Forecast is based on your current time horizon.
At this time the relative strength index (rsi) of Janus Multi-sector's share price is below 20 . This indicates that the mutual fund is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 0
Sell Peaked
Oversold | Overbought |
Using Janus Multi-sector hype-based prediction, you can estimate the value of Janus Multi Sector Income from the perspective of Janus Multi-sector response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Janus Multi Sector Income on the next trading day is expected to be 8.81 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.56. Janus Multi-sector after-hype prediction price | USD 8.81 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as fund price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Janus |
Janus Multi-sector Additional Predictive Modules
Most predictive techniques to examine Janus price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Janus using various technical indicators. When you analyze Janus charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Janus Multi-sector Simple Exponential Smoothing Price Forecast For the 12th of January 2026
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Janus Multi Sector Income on the next trading day is expected to be 8.81 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.0002, and the sum of the absolute errors of 0.56.Please note that although there have been many attempts to predict Janus Mutual Fund prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Janus Multi-sector's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Janus Multi-sector Mutual Fund Forecast Pattern
| Backtest Janus Multi-sector | Janus Multi-sector Price Prediction | Buy or Sell Advice |
Janus Multi-sector Forecasted Value
In the context of forecasting Janus Multi-sector's Mutual Fund value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Janus Multi-sector's downside and upside margins for the forecasting period are 8.66 and 8.96, respectively. We have considered Janus Multi-sector's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Janus Multi-sector mutual fund data series using in forecasting. Note that when a statistical model is used to represent Janus Multi-sector mutual fund, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 107.5361 |
| Bias | Arithmetic mean of the errors | -0.0029 |
| MAD | Mean absolute deviation | 0.0094 |
| MAPE | Mean absolute percentage error | 0.0011 |
| SAE | Sum of the absolute errors | 0.5622 |
Predictive Modules for Janus Multi-sector
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 Multi Sector. 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.Other Forecasting Options for Janus Multi-sector
For every potential investor in Janus, whether a beginner or expert, Janus Multi-sector's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Janus Mutual Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Janus. Basic forecasting techniques help filter out the noise by identifying Janus Multi-sector's price trends.Janus Multi-sector Related Equities
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 Multi-sector mutual fund to make a market-neutral strategy. Peer analysis of Janus Multi-sector could also be used in its relative valuation, which is a method of valuing Janus Multi-sector by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Janus Multi Sector Technical and Predictive Analytics
The mutual fund market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Janus Multi-sector's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Janus Multi-sector's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Janus Multi-sector Market Strength Events
Market strength indicators help investors to evaluate how Janus Multi-sector mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Janus Multi-sector shares will generate the highest return on investment. By undertsting and applying Janus Multi-sector mutual fund market strength indicators, traders can identify Janus Multi Sector Income entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 8.81 | |||
| Day Typical Price | 8.81 | |||
| Price Action Indicator | 0.005 | |||
| Period Momentum Indicator | 0.01 |
Janus Multi-sector Risk Indicators
The analysis of Janus Multi-sector's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Janus Multi-sector's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting janus mutual fund prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.1075 | |||
| Standard Deviation | 0.1461 | |||
| Variance | 0.0214 | |||
| Downside Variance | 0.0199 | |||
| Semi Variance | (0.01) | |||
| Expected Short fall | (0.18) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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 Multi-sector 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 Multi-sector security.
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Bonds Directory Find actively traded corporate debentures issued by US companies |