JANUS SHORT-TERM Total Risk Alpha
| JSHSX Fund | | | USD 2.89 0.01 0.35% |
This technical indicator view for Total Risk Alpha organizes signals for Janus Short Term Bond and comparable instruments. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context.
Risk vs Return Analysis provides context for diversified portfolio design. Additional portfolio transparency improves capital positioning. This suggests a position in Janus Short Term Bond in the portfolio view. 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 main economic indicators.
Janus Short Term Bond has current Total Risk Alpha of 0.0054. 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] |
| = | 0.0054 | |
| ER[a] | = | Expected return on investing in JANUS SHORT-TERM |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on JANUS SHORT-TERM |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
JANUS SHORT-TERM Total Risk Alpha Peers Comparison
JANUS Total Risk Alpha Relative To Other Indicators
Janus Short Term Bond is rated
below average in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
192.24 of Maximum Drawdown per Total Risk Alpha. At
192.24 , Janus Short Term Bond'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.
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.