JANUS GLOBAL Value At Risk
| JCAAX Fund | | | USD 12.51 -0.04 -0.32% |
The Value At Risk indicator for JANUS GLOBAL is constructed from normalized market data. Values reflect historical observations within the available dataset. Diversification context is available through
Risk vs Return Analysis. All values are presented as reference data. Monitoring Janus Global Allocation within a portfolio highlights how it interacts with other holdings. Diversification analysis reveals overlap and concentration across holdings. Broader economic conditions can influence Janus Global Allocation's mutual fund valuation — related indicators include
signals in nation.
Janus Global Allocation has current Value At Risk of
-0.79. Value At Risk (or VAR) is a statistical technique used to measure the level of financial risk of investment instrument over a specific time frame. It is a widely used measure of the risk of loss on a specific investing instrument.
Value At Risk | = | ER[a] x N | + | (Z-SCORE x STD x SQRT (N)) |
| = | -0.79 | |
| ER[a] | = | Expected return on investing in JANUS GLOBAL |
| STD | = | Standard Deviation of JANUS GLOBAL |
| N | = | Number of points for the period |
| Z-SCORE | = | Number of standard deviations above or below the mean |
Value At Risk Peers Comparison
Value At Risk Relative To Other Indicators
Janus Global Allocation ranks first in value at risk among similar funds. It is currently under evaluation in maximum drawdown among similar funds .
Value At Risk is used by risk managers in order to measure and control the level of risk which the firm undertakes. The risk manager job is to ensure that risks are not taken beyond the level at which the firm can absorb the losses of a probable worst outcome. VAR can be defined as the loss level that will not be exceeded with a certain confidence level during a certain period of time.
Compare JANUS GLOBAL to Peers
Other Technical Indicators