Janus Detroit Street Etf Performance
| JEMB Etf | 51.05 0.10 0.20% |
The etf retains a Market Volatility (i.e., Beta) of 0.18, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Janus Detroit's returns are expected to increase less than the market. However, during the bear market, the loss of holding Janus Detroit is expected to be smaller as well.
Risk-Adjusted Performance
OK
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Compared to the overall equity markets, risk-adjusted returns on investments in Janus Detroit Street are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong primary indicators, Janus Detroit is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
1 | Janus Hendersons pioneering AAA CLO ETF surpasses 20 billion in AUM - Yahoo Finance | 02/06/2025 |
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Janus Detroit Relative Risk vs. Return Landscape
If you would invest 4,934 in Janus Detroit Street on December 23, 2024 and sell it today you would earn a total of 171.00 from holding Janus Detroit Street or generate 3.47% return on investment over 90 days. Janus Detroit Street is currently generating 0.0567% in daily expected returns and assumes 0.4083% risk (volatility on return distribution) over the 90 days horizon. In different words, 3% of etfs are less volatile than Janus, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Janus Detroit Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Janus Detroit's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Janus Detroit Street, and traders can use it to determine the average amount a Janus Detroit's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1389
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Estimated Market Risk
| 0.41 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Janus Detroit is performing at about 10% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Janus Detroit by adding it to a well-diversified portfolio.
About Janus Detroit Performance
By analyzing Janus Detroit's fundamental ratios, stakeholders can gain valuable insights into Janus Detroit's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Janus Detroit has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Janus Detroit has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Janus Detroit is entity of United States. It is traded as Etf on NYSE ARCA exchange.