Janus Detroit Street Etf Profile
JEMB Etf | 51.65 0.15 0.29% |
Performance6 of 100
| Odds Of DistressLess than 9
|
Janus Detroit is trading at 51.65 as of the 30th of November 2024, a 0.29 percent up since the beginning of the trading day. The etf's open price was 51.5. Janus Detroit has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Janus Detroit Street are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
Janus Detroit is entity of United States. It is traded as Etf on NYSE ARCA exchange. More on Janus Detroit Street
Moving together with Janus Etf
0.84 | EMB | iShares JP Morgan Symbol Change | PairCorr |
0.71 | PCY | Invesco Emerging Markets | PairCorr |
0.77 | CEMB | iShares JP Morgan | PairCorr |
0.75 | XEMD | Bondbloxx ETF Trust | PairCorr |
Moving against Janus Etf
Janus Etf Highlights
Thematic Ideas | (View all Themes) |
Business Concentration | Broad Debt ETFs, Broad Market ETFs, Emerging Markets Bond (View all Sectors) |
Issuer | Janus Henderson |
Inception Date | 2024-08-13 |
Entity Type | Regulated Investment Company |
Asset Under Management | 227.62 Million |
Asset Type | Fixed Income |
Category | Broad Debt |
Focus | Broad Market |
Market Concentration | Emerging Markets |
Region | Emerging Markets |
Administrator | J.P. Morgan Chase Bank, N.A. |
Advisor | Janus Henderson Investors US LLC |
Custodian | J.P. Morgan Chase Bank, N.A. |
Distributor | ALPS Distributors, Inc. |
Portfolio Manager | Bent Lystbaek, Jacob Nielsen, Thomas Haugaard, Sorin Pirau |
Transfer Agent | J.P. Morgan Chase Bank, N.A. |
Fiscal Year End | 31-Oct |
Exchange | NYSE Arca, Inc. |
Number of Constituents | 232 |
Market Maker | Susquehanna |
Total Expense | 0.52 |
Management Fee | 0.52 |
Country Name | USA |
Code | JEMB |
Updated At | 29th of November 2024 |
Name | Janus Detroit Street Trust |
Currency Name | US Dollar |
Currency Code | USD |
Open Figi | BBG01P3G39S1 |
Type | ETF |
Janus Detroit Street [JEMB] is traded in USA and was established null. The fund is listed under Emerging Markets Bond. The entity is thematically classified as Broad Debt ETFs. Janus Detroit Street currently have in assets under management (AUM).
Check Janus Detroit Probability Of Bankruptcy
Geographic Allocation (%)
Janus Detroit Street Currency Exposure
Janus Detroit Street holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Janus Detroit will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Janus Detroit Street.
Janus Detroit Street Risk Profiles
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.
Risk Adjusted Performance | 0.0504 | |||
Jensen Alpha | 0.0184 | |||
Total Risk Alpha | (0.05) | |||
Sortino Ratio | (0.29) |
Janus Detroit Against Markets
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 population. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
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.