Janus Henderson Downside Deviation
| JRE ETF | | | USD 26.91 0.43 1.62% |
Downside Deviation (or DD) is measured by target semi-deviation (the square root of target semi-variance) and is termed downside risk. It is expressed in percentages and therefore allows for rankings in the same way as standard deviation. An intuitive way to view the downside risk is the annualized standard deviation of returns below the target. Below is Janus Henderson's current Downside Deviation with peer comparisons and related risk metrics.
Current Downside Deviation Value
At 1.09, Janus Henderson's Downside Deviation indicates moderate price variability. This places Janus Henderson within the typical volatility range for ETF.
Downside Deviation | = | SQRT(DV) |
| = | 1.09 | |
Downside Deviation Peers Comparison
Relative to peers, Janus Henderson's Downside Deviation is above the group average of 0.79. Peer readings range from 0.4974 (Yields for You) to 1.02 (Parametric Equity Plus), reflecting moderate dispersion across the sector. Janus Henderson has exhibited greater price dispersion than the peer average over the measured period.
Downside Deviation Relative To Other Indicators
The chart below plots Downside Deviation against Maximum Drawdown for Janus Henderson and its peers. Each point represents one equity — position along the horizontal axis shows Downside Deviation while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
With Downside Deviation at
1.09 and Maximum Drawdown at
4.56 , Janus Henderson shows a
4.21 -to-one ratio between these indicators. This indicates Maximum Drawdown is significantly higher than Downside Deviation for Janus Henderson.
Methodology, Assumptions & Data Sources
Janus Henderson has a current Downside Deviation reading of 1.09. Janus Henderson's Downside Deviation is computed from historical closing prices over the selected time horizon, applying the indicator's defined mathematical transformation to raw price data. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. The output reflects the selected calculation window — changing the horizon will produce different readings. This ETF metric is provided for analytical reference.
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