JANUS ENTERPRISE Total Risk Alpha
| JDMNX Fund | | | USD 135.47 -2.13 -1.55% |
Reference data associated with the Total Risk Alpha technical indicator for Janus Enterprise Fund. Additional screening context is available through
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Janus Enterprise Fund has current Total Risk Alpha of
-0.04. The total risk alpha measures the performance of an asset by comparing its returns with those of a selected benchmark portfolio.
Total Risk Alpha | = | RFR + (ER[b] - ER[a]) | x | STD[a] / STD[b] |
| = | -0.04 | |
| ER[a] | = | Expected return on investing in JANUS ENTERPRISE |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on JANUS ENTERPRISE |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Total Risk Alpha Peers Comparison
Total Risk Alpha Relative To Other Indicators
Janus Enterprise Fund is rated
third in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare JANUS ENTERPRISE to Peers
Other Technical Indicators