Janus Venture Fund Market Value
| JVTSX Fund | USD 88.32 1.20 1.38% |
| Symbol | Janus |
Janus Venture 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Janus Venture's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Janus Venture.
| 05/30/2024 |
| 11/26/2024 |
If you would invest 0.00 in Janus Venture on May 30, 2024 and sell it all today you would earn a total of 0.00 from holding Janus Venture Fund or generate 0.0% return on investment in Janus Venture over 180 days. Janus Venture is related to or competes with Janus Venture, Janus Venture, Janus Enterprise, The Hartford, and Janus Enterprise. The fund pursues its investment objective by investing at least 50 percent of its equity assets in small-sized companies More
Janus Venture Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Janus Venture's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Janus Venture Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9614 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 5.98 | |||
| Value At Risk | (1.60) | |||
| Potential Upside | 1.69 |
Janus Venture Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Janus Venture's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Janus Venture's standard deviation. In reality, there are many statistical measures that can use Janus Venture historical prices to predict the future Janus Venture's volatility.| Risk Adjusted Performance | 0.0922 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.094 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Janus Venture's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Janus Venture Backtested Returns
At this stage we consider Janus Mutual Fund to be very steady. Janus Venture holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Janus Venture, which you can use to evaluate the volatility of the entity. Please check out Janus Venture's Market Risk Adjusted Performance of 0.104, risk adjusted performance of 0.0922, and Downside Deviation of 0.9614 to validate if the risk estimate we provide is consistent with the expected return of 0.15%. The fund retains a Market Volatility (i.e., Beta) of 1.23, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Janus Venture will likely underperform.
Auto-correlation | 0.42 |
Average predictability
Janus Venture Fund has average predictability. Overlapping area represents the amount of predictability between Janus Venture time series from 30th of May 2024 to 28th of August 2024 and 28th of August 2024 to 26th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Janus Venture price movement. The serial correlation of 0.42 indicates that just about 42.0% of current Janus Venture price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.42 | |
| Spearman Rank Test | 0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 5.64 |
Janus Venture lagged returns against current returns
Autocorrelation, which is Janus Venture mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Janus Venture's mutual fund expected returns. We can calculate the autocorrelation of Janus Venture returns to help us make a trade decision. For example, suppose you find that Janus Venture has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Janus Venture regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Janus Venture mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Janus Venture mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Janus Venture mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Janus Venture Lagged Returns
When evaluating Janus Venture's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Janus Venture mutual fund have on its future price. Janus Venture autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Janus Venture autocorrelation shows the relationship between Janus Venture mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Janus Venture Fund.
Regressed Prices |
| Timeline |
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 Venture 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 Venture security.
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets |