Janus Venture Fund Market Value

JAVTX Fund  USD 92.80  0.21  0.23%   
Janus Venture's market value is the price at which a share of Janus Venture trades on a public exchange. It measures the collective expectations of Janus Venture Fund investors about its performance. Janus Venture is trading at 92.80 as of the 5th of December 2024; that is 0.23 percent up since the beginning of the trading day. The fund's open price was 92.59.
With this module, you can estimate the performance of a buy and hold strategy of Janus Venture Fund and determine expected loss or profit from investing in Janus Venture over a given investment horizon. Check out Janus Venture Correlation, Janus Venture Volatility and Janus Venture Alpha and Beta module to complement your research on Janus Venture.
Symbol

Please note, there is a significant difference between Janus Venture's value and its price as these two are different measures arrived at by different means. Investors typically determine if Janus Venture is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Janus Venture'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.

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.
0.00
11/05/2024
No Change 0.00  0.0 
In 30 days
12/05/2024
0.00
If you would invest  0.00  in Janus Venture on November 5, 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 30 days. Janus Venture is related to or competes with Janus Enterprise, Janus Global, Janus Research, Janus Global, and Janus Growth. 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.

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.
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.
Hype
Prediction
LowEstimatedHigh
91.5692.5993.62
Details
Intrinsic
Valuation
LowRealHigh
86.4787.50101.85
Details
Naive
Forecast
LowNextHigh
92.5393.5694.58
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
89.5591.5593.56
Details

Janus Venture Backtested Returns

Janus Venture appears to be very steady, given 3 months investment horizon. Janus Venture holds Efficiency (Sharpe) Ratio of 0.2, which attests that the entity had a 0.2% 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 utilize Janus Venture's Downside Deviation of 0.8265, risk adjusted performance of 0.1106, and Market Risk Adjusted Performance of 0.1277 to validate if our risk estimates are consistent with your expectations. The fund retains a Market Volatility (i.e., Beta) of 1.18, 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

    
  0.38  

Below average predictability

Janus Venture Fund has below average predictability. Overlapping area represents the amount of predictability between Janus Venture time series from 5th of November 2024 to 20th of November 2024 and 20th of November 2024 to 5th of December 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 0.38 indicates that just about 38.0% of current Janus Venture price fluctuation can be explain by its past prices.
Correlation Coefficient0.38
Spearman Rank Test-0.09
Residual Average0.0
Price Variance1.32

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  

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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.
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