Janus Overseas Cash Position Weight vs. One Year Return
| JDINX Fund | USD 46.04 0.29 0.63% |
For Janus Overseas profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Janus Overseas to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Janus Overseas Fund utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Janus Overseas's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Janus Overseas Fund over time as well as its relative position and ranking within its peers.
Janus |
Janus Overseas One Year Return vs. Cash Position Weight Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Janus Overseas's current stock value. Our valuation model uses many indicators to compare Janus Overseas value to that of its competitors to determine the firm's financial worth. Janus Overseas Fund is currently considered the top fund in cash position weight among similar funds. It also is currently considered the top fund in one year return among similar funds reporting about 5.25 of One Year Return per Cash Position Weight. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Janus Overseas' earnings, one of the primary drivers of an investment's value.Janus One Year Return vs. Cash Position Weight
Percentage of fund asset invested in cash equivalents or risk-free instruments. About 40% of all global funds carry cash on their balance sheet.
Janus Overseas |
| = | 3.20 % |
Funds or ETFs that have over 40% of their value invested in low-risk instruments or cash equivalents typically attract conservative investors.
One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
Janus Overseas |
| = | 16.81 % |
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
Janus One Year Return Comparison
Janus Overseas is currently under evaluation in one year return among similar funds.
Janus Overseas Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Janus Overseas, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Janus Overseas will eventually generate negative long term returns. The profitability progress is the general direction of Janus Overseas' change in net profit over the period of time. It can combine multiple indicators of Janus Overseas, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The fund pursues its investment objective by investing, under normal circumstances, at least 80 percent of its net assets in securities of issuers or companies from countries outside of the United States. The fund normally invests in a portfolio of 30-50 securities of issuers from several different countries, excluding the United States, and it may, under unusual circumstances, invest all or substantially all of its assets in a single country. It may invest up to 20 percent of its net assets, measured at the time of purchase, in U.S. issuers.
Janus Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Janus Overseas. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Janus Overseas position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Janus Overseas' important profitability drivers and their relationship over time.
Use Janus Overseas in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Janus Overseas position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Janus Overseas will appreciate offsetting losses from the drop in the long position's value.Janus Overseas Pair Trading
Janus Overseas Fund Pair Trading Analysis
The ability to find closely correlated positions to Janus Overseas could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Janus Overseas when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Janus Overseas - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Janus Overseas Fund to buy it.
The correlation of Janus Overseas is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Janus Overseas moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Janus Overseas moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Janus Overseas can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Janus Overseas position
In addition to having Janus Overseas in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Other Information on Investing in Janus Mutual Fund
To fully project Janus Overseas' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Janus Overseas at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Janus Overseas' income statement, its balance sheet, and the statement of cash flows.
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