Janus Investment Variance
| JCNNX Fund | | | USD 25.98 0.05 0.19% |
This module presents the Variance indicator for Janus Investment using available market inputs. The
Equity Screeners framework provides wider technical analysis context. Janus Investment has a market cap of 2.96 B. Review
Risk vs Return Analysis for broader portfolio context. Janus Investment can be tracked within a custom portfolio for ongoing monitoring. Watchlist features allow monitoring without committing to a position. Broader economic conditions can influence Janus Investment's mutual fund valuation — related indicators include
signals in inflation.
Janus Investment has current Variance of 1.89. Variance is another measure of security risk that shows the amount of dispersion of equity returns around their mean value. Variance is calculated as the average squared deviations from the mean. Evaluating a set of investment alternatives one can use variance to help determine the volatility when purchasing a specific security. Similar to Standard Deviation, the variance is a measure of how far a set of numbers is spread out around its mean.
Variance | = | SUM(RET DEV)2N |
| = | 1.89 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Variance Peers Comparison
Variance Relative To Other Indicators
Janus Investment ranks first in variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
3.69 of Maximum Drawdown per Variance. At
3.69 , Janus Investment's Maximum Drawdown-to-Variance multiple reflects the spread between these metrics
Variance is also a measure of stock volatility and can help determine the risk an investor might take on when purchasing a specific security. A relatively big variance indicates that the daily prices or returns are far from the mean and a small variance indicates that they are located around the mean.
Compare Janus Investment to Peers
Other Technical Indicators