Janus Investment Fund Market Value

JNMXX Fund  USD 1.00  0.00  0.00%   
Janus Investment's market value is the price at which a share of Janus Investment trades on a public exchange. It measures the collective expectations of Janus Investment investors about its performance. Janus Investment is trading at 1.0 as of the 5th of December 2024; that is No Change since the beginning of the trading day. The fund's open price was 1.0.
With this module, you can estimate the performance of a buy and hold strategy of Janus Investment and determine expected loss or profit from investing in Janus Investment over a given investment horizon. Check out Janus Investment Correlation, Janus Investment Volatility and Janus Investment Alpha and Beta module to complement your research on Janus Investment.
Symbol

Please note, there is a significant difference between Janus Investment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Janus Investment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Janus Investment'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 Investment '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 Investment's money market 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 Investment.
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 Investment on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Janus Investment or generate 0.0% return on investment in Janus Investment over 30 days. Janus Investment is related to or competes with Ivy Science, Science Technology, Firsthand Technology, Towpath Technology, Pgim Jennison, and Columbia Global. Janus Investment is entity of United States More

Janus Investment 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 Investment's money market 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 Investment upside and downside potential and time the market with a certain degree of confidence.

Janus Investment Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Janus Investment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Janus Investment's standard deviation. In reality, there are many statistical measures that can use Janus Investment historical prices to predict the future Janus Investment'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 Investment'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
0.871.001.13
Details
Intrinsic
Valuation
LowRealHigh
0.850.981.11
Details

Janus Investment Backtested Returns

At this stage we consider Janus Money Market Fund to be not too volatile. Janus Investment 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 seventeen technical indicators for Janus Investment, which you can use to evaluate the volatility of the entity. Please check out Janus Investment's Risk Adjusted Performance of 0.0415, standard deviation of 0.1243, and Market Risk Adjusted Performance of (0.33) to validate if the risk estimate we provide is consistent with the expected return of 0.016%. The fund retains a Market Volatility (i.e., Beta) of -0.0158, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Janus Investment are expected to decrease at a much lower rate. During the bear market, Janus Investment is likely to outperform the market.

Auto-correlation

    
  0.00  

No correlation between past and present

Janus Investment has no correlation between past and present. Overlapping area represents the amount of predictability between Janus Investment 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 Investment price movement. The serial correlation of 0.0 indicates that just 0.0% of current Janus Investment price fluctuation can be explain by its past prices.
Correlation Coefficient0.0
Spearman Rank Test1.0
Residual Average0.0
Price Variance0.0

Janus Investment lagged returns against current returns

Autocorrelation, which is Janus Investment money market 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 Investment's money market fund expected returns. We can calculate the autocorrelation of Janus Investment returns to help us make a trade decision. For example, suppose you find that Janus Investment has exhibited high autocorrelation historically, and you observe that the money market 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 Investment 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 Investment money market fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Janus Investment money market fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Janus Investment money market fund over time.
   Current vs Lagged Prices   
       Timeline  

Janus Investment Lagged Returns

When evaluating Janus Investment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Janus Investment money market fund have on its future price. Janus Investment 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 Investment autocorrelation shows the relationship between Janus Investment money market fund current value and its past values and can show if there is a momentum factor associated with investing in Janus Investment.
   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 Money Market Fund

Janus Investment financial ratios help investors to determine whether Janus Money Market 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 Investment security.
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges