JANUS GLOBAL Total Risk Alpha
| JERIX Fund | | | USD 12.33 -0.36 -2.84% |
Technical inputs supporting the Total Risk Alpha indicator for Janus Global Real are shown here. Values are derived from historical price and volume observations. Availability can differ across markets, exchanges, and instruments.
Risk vs Return Analysis frames the approach to diversified portfolio design. Refined allocation visibility enhances overall portfolio context. The portfolio structure determines how individual positions contribute to the whole. A position in Janus Global Real appears within the mix. The position is captured in the allocation summary. The relative size of each holding follows the allocation framework. The information is presented without directional commentary. 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 gross domestic product.
Janus Global Real has current Total Risk Alpha of 0.1126. 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] |
| = | 0.1126 | |
| ER[a] | = | Expected return on investing in JANUS GLOBAL |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on JANUS GLOBAL |
| 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 Global Real is rated
fifth in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
27.41 of Maximum Drawdown per Total Risk Alpha. At
27.41 , Janus Global Real's Maximum Drawdown-to-Total Risk Alpha multiple reflects the spread between these metrics
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare JANUS GLOBAL to Peers
Other Technical Indicators