Janus Global Technology Fund Buy Hold or Sell Recommendation

JATIX Fund  USD 71.28  0.57  0.81%   
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Janus Global Technology is 'Cautious Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Janus Global Technology given historical horizon and risk tolerance towards Janus Global. When Macroaxis issues a 'buy' or 'sell' recommendation for Janus Global Technology, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Janus Global Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
Note, we conduct extensive research on individual funds such as JANUS and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Janus Global Technology. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Execute Janus Global Buy or Sell Advice

The JANUS recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Janus Global Technology. Macroaxis does not own or have any residual interests in Janus Global Technology or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Janus Global's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Janus GlobalBuy Janus Global
Cautious Hold

Market Performance

GoodDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Almost mirrors the marketDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon Janus Global Technology has a Mean Deviation of 0.8787, Semi Deviation of 1.33, Standard Deviation of 1.26, Variance of 1.59, Downside Variance of 2.27 and Semi Variance of 1.77
Macroaxis provides unbiased trade recommendations on Janus Global that should be used to complement current analysts and expert consensus on Janus Global Technology. Our advice engine determines the entity's potential to grow exclusively from the perspective of an investors' current risk tolerance and investing horizon. Use Janus Global one year return and cash position weight to ensure your buy or sell decision on Janus Global Technology is adequate.

Janus Global Trading Alerts and Improvement Suggestions

The fund retains 98.81% of its assets under management (AUM) in equities

Janus Global Returns Distribution Density

The distribution of Janus Global's historical returns is an attempt to chart the uncertainty of Janus Global's future price movements. The chart of the probability distribution of Janus Global daily returns describes the distribution of returns around its average expected value. We use Janus Global Technology price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Janus Global returns is essential to provide solid investment advice for Janus Global.
Mean Return
0.11
Value At Risk
-2.56
Potential Upside
1.88
Standard Deviation
1.26
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Janus Global historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Janus Global Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Janus Global or Janus Henderson sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Janus Global's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a JANUS fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over Dow Jones
-0.03
β
Beta against Dow Jones1.01
σ
Overall volatility
1.15
Ir
Information ratio -0.02

Janus Global Volatility Alert

Janus Global Technology has relatively low volatility with skewness of -0.86 and kurtosis of 2.41. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Janus Global's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Janus Global's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Janus Global Fundamentals Vs Peers

Comparing Janus Global's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Janus Global's direct or indirect competition across all of the common fundamentals between Janus Global and the related equities. This way, we can detect undervalued stocks with similar characteristics as Janus Global or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Janus Global's fundamental indicators could also be used in its relative valuation, which is a method of valuing Janus Global by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Janus Global to competition
FundamentalsJanus GlobalPeer Average
Price To Earning26.76 X6.53 X
Price To Book4.09 X0.74 X
Price To Sales3.16 X0.61 X
Year To Date Return33.97 %0.39 %
One Year Return40.68 %4.15 %
Three Year Return8.18 %3.60 %
Five Year Return19.61 %3.24 %
Ten Year Return18.70 %1.79 %
Net Asset4.94 B4.11 B
Last Dividend Paid0.080.65
Cash Position Weight0.14 %10.61 %
Equity Positions Weight98.81 %63.90 %

Janus Global Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as JANUS . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Janus Global Buy or Sell Advice

When is the right time to buy or sell Janus Global Technology? Buying financial instruments such as JANUS Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Janus Global 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 Construction Thematic Idea Now

Construction
Construction Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Construction theme has 61 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 Construction Theme or any other thematic opportunities.
View All  Next Launch

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.
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Fundamental Analysis
View fundamental data based on most recent published financial statements
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing