Janus Henderson Variance
| JECTX Fund | | | USD 17.32 -0.24 -1.37% |
The Variance lookup presents technical context for Janus Henderson Global and related instruments. Data availability can vary by region and feed;
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Risk vs Return Analysis provides context for diversified portfolio design. Broader allocation clarity strengthens diversification analysis. The allocation includes a position in Janus Henderson Global inside the allocation mix. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as
signals in population.
Janus Henderson Global has current Variance of 0.7608. 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 |
| = | 0.7608 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Janus Henderson Variance Peers Comparison
Janus Variance Relative To Other Indicators
Janus Henderson Global is ranked
fifth relative to mutual funds in variance among similar funds. It is currently under evaluation. in maximum drawdown among similar funds reporting about
5.90 of Maximum Drawdown per Variance. The ratio of Maximum Drawdown to Variance for Janus Henderson Global is roughly
5.90 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.
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