Janus Detroit is trading at 50.52 as of the 20th of March 2025, a 0.02 percent decrease since the beginning of the trading day. The etf's open price was 50.53. Janus Detroit has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. The performance scores are derived for the period starting the 20th of December 2024 and ending today, the 20th of March 2025. Click here to learn more.
The advisor pursues the investment objective by investing, under normal circumstances, at least 90 percent of the funds net assets in CLOs of any maturity that are rated AAA at the time of purchase, or if unrated, determined to be of comparable credit quality by the Adviser. More on Janus Detroit Street
Janus Detroit Street Trust - Janus Henderson AAA CLO ETF
Currency Code
USD
Open Figi
BBG00XX897J8
In Threey Volatility
1.83
1y Volatility
0.42
200 Day M A
50.7855
50 Day M A
50.82
Code
JAAA
Updated At
19th of March 2025
Currency Name
US Dollar
In Threey Sharp Ratio
0.83
Type
ETF
Janus Detroit Street [JAAA] is traded in USA and was established 2020-10-16. The fund is listed under Ultrashort Bond category and is part of Janus Henderson family. The entity is thematically classified as Corporate ETFs. Janus Detroit Street currently have 1.57 B in assets under management (AUM). , while the total return for the last 3 years was 5.8%.
Check Janus Detroit Probability Of Bankruptcy
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Janus Detroit. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
When determining whether Janus Detroit Street offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Janus Detroit's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Janus Detroit Street Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Janus Detroit Street Etf:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Janus Detroit Street. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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.