Perkins Small Cap Fund Volatility
| JCSCX Fund | USD 21.67 0.42 1.98% |
Perkins Small Cap registers a Sharpe ratio of 0.0036, suggesting positive return efficiency over the last 3 months. This risk assessment is based on 27 technical indicators. Over the last 3 months, Perkins Small Cap maintains low price volatility.
Sharpe Ratio = 0.0036
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | JCSCX |
Perkins Small Cap posted a Market Risk Adjusted Performance of 0.03%, a Risk of 1.03, and a Risk Adjusted Performance of 0.01% for the reported period. PERKINS SMALL is below its full potential per monthly moving average analysis. Pairing it with a well-diversified portfolio structure may improve overall efficiency. Correlation structure between PERKINS SMALL and other holdings determines the diversification benefit. The risk-reduction potential of adding PERKINS SMALL to a diversified portfolio can be quantified.
Key indicators related to PERKINS SMALL's volatility include:90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
Understanding PERKINS SMALL's historical volatility sets realistic expectations for PERKINS SMALL's future price range. Investors use volatility estimates to size positions, set stop-loss levels, and price the cost of hedging PERKINS SMALL exposure. Volatility analysis for PERKINS SMALL is most actionable when combined with directional views. High financial distress probability for PERKINS SMALL amplifies the risk of extreme downside scenarios.
PERKINS |
Volatility Strategy
Perkins Small Cap return fluctuations can modify its marginal contribution to total portfolio variance. Allocation size and correlation determine overall impact. Current statistical measures show total volatility near 1.03% with a beta coefficient of -0.19, indicating sensitivity relative to the broader market benchmark. Risk-adjusted efficiency, represented by a Sharpe ratio of 0.0036, evaluates return per unit of total risk. An alpha value of -0.0154 reflects performance relative to systematic market exposure. Expected return estimates near 0.0037% are derived from historical distribution modeling and help frame forward-looking return assumptions within a portfolio context. Volatility effects depend on underlying market structure and exposure characteristics.
Main indicators related to PERKINS SMALL's market risk premium analysis include:
Beta -0.19 | Alpha -0.02 | Risk 1.03 | Sharpe Ratio 0.0036 | Expected Return 0.0037 |
Moving together with PERKINS Mutual Fund
| 0.81 | JADFX | Janus Flexible Bond | PairCorr |
| 0.81 | JAFLX | Flexible Bond Portfolio | PairCorr |
| 0.82 | JAHYX | Janus High Yield | PairCorr |
| 0.79 | JANFX | Janus Flexible Bond | PairCorr |
| 0.67 | JANIX | Janus Triton | PairCorr |
Moving against PERKINS Mutual Fund
| 0.32 | JACTX | Janus Forty Fund | PairCorr |
| 0.32 | JACAX | Forty Portfolio | PairCorr |
| 0.32 | JACCX | Janus Forty Fund | PairCorr |
Sensitivity To Market
Perkins Small Cap exhibits a beta of -0.19, representing its market-relative sensitivity based on regression modeling. Beta quantifies systematic risk by measuring the slope of asset returns against benchmark returns. Overall return volatility is approximately 1.03%.Volatility metrics for Perkins Small Cap describe how stable or unstable returns have been over the selected window. Current downside deviation is about 1.01%. Fund volatility reflects the combined movement of its underlying holdings and the fund’s asset mix.
3 Months Beta |Analyze Perkins Small Cap Demand TrendCheck current 90 days PERKINS SMALL correlation with market (Dow Jones Industrial)Downside Risk
For PERKINS, standard deviation measures the dispersion of daily prices from the mean over a chosen time horizon. Volatile instruments show high standard deviation; stable instruments show low. Standard deviation for PERKINS provides a measure of daily price dispersion around the mean. Standard deviation for PERKINS allows comparison of risk levels across different time horizons.
Standard Deviation | 1.03 |
Distinguishing between standard deviation and downside deviation sharpens the risk picture for PERKINS SMALL. Upside risk is measured by PERKINS SMALL's standard deviation, while downside risk is captured by downside deviation of PERKINS SMALL's returns. Standard deviation and downside deviation for PERKINS SMALL measure different things — total dispersion vs. loss-only dispersion. Semi-deviation and downside deviation focus on the loss risk embedded in PERKINS SMALL's returns. Perkins Small Cap posted a Downside Deviation of 1.01, a Downside Variance of 1.03, and a Maximum Drawdown of 4.90 for the reported period.
Mutual Fund Volatility Analysis
For investors tracking PERKINS SMALL, understanding volatility is essential to managing portfolio risk. It indicates how dramatically PERKINS SMALL's price swings over a specific time horizon. For traders and investors in PERKINS SMALL, volatility is both a risk factor and a source of opportunity. Sharp price movements in PERKINS SMALL's can be triggered by earnings surprises, macroeconomic data, or sector trends.
Transformation |
This analysis covers sixty-one data points across the selected time horizon. Perkins Small Cap Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.
Projected Return Density Against Market
Assuming a 90-day horizon Perkins Small Cap has a beta of -0.194 . This indicates that as returns on the benchmark increase, returns on PERKINS SMALL tend to move in the opposite direction, though by a smaller magnitude. During a bear market, however, Perkins Small Cap is likely to outperform the market.Investors in PERKINS SMALL face systematic risk from overall mutual fund market trends and unsystematic risk from company or sector-specific developments. Diversification reduces specific exposure, but macro-driven volatility persists. Beta remains a common sensitivity metric. Perkins Small Cap posted a Downside Deviation of 1.01, a Mean Deviation of 0.73, and a Semi Deviation of 0.98 for the reported period.
Predicted Return Distribution |
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What Drives PERKINS SMALL's Price Volatility?
Industry Dynamics
PERKINS SMALL's volatility can rise when competitive dynamics or demand conditions shift across the Janus Henderson sector.Political and Economic Environment
Changes in fiscal policy, rates, and growth expectations affect market-wide risk premiums and spill into PERKINS SMALL's trading.PERKINS SMALL's Company-Specific Factors
Event risk around earnings, forecasts, and operating performance can create abrupt price dispersion in PERKINS SMALL.Mutual Fund Risk Measures
Assuming a 90-day horizon the coefficient of variation of PERKINS SMALL is 27980.1. The daily returns are distributed with a variance of 1.06 and standard deviation of 1.03. The mean deviation of Perkins Small Cap is currently at 0.78. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.82
α | Alpha over Dow Jones | -0.0154 | |
β | Beta against Dow Jones | -0.194 | |
σ | Overall volatility | 1.03 | |
Ir | Information ratio | 0.06 |
Mutual Fund Return Volatility
PERKINS SMALL return volatility captures the typical daily swing in fund returns relative to the mean over the selected period. The fund has volatility of 1.0311% on return distribution over a 90-day investment horizon. Meanwhile, Dow Jones Industrial has volatility of 0.8484% on return distribution over a 90-day investment horizon. Performance |
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Related Correlations Analysis
Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
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Risk-Adjusted Indicators
PERKINS SMALL Mutual Fund can look attractive on recent price action while risk efficiency lags the peer group. Reviewing PERKINS SMALL's risk-adjusted indicators gives a clearer view of whether returns are being earned efficiently. These indicators are quantitative in nature and help investors evaluate volatility and risk-adjusted expected returns across different positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CSVZX | 0.63 | 0.11 | 0.14 | 0.07 | 0.81 | 1.31 | 3.98 | |||
| BFGUX | 0.72 | -0.04 | 0.00 | -0.11 | 0.00 | 1.51 | 4.55 | |||
| VMCCX | 0.81 | 0.01 | 0.00 | -0.06 | 0.00 | 1.36 | 5.41 | |||
| FMIJX | 1.03 | -0.01 | 0.00 | -0.08 | 0.00 | 1.48 | 24.84 | |||
| ADX | 0.62 | 0.05 | 0.09 | 0.02 | 0.78 | 1.25 | 3.82 | |||
| JMVCX | 0.66 | 0.12 | 0.14 | 0.08 | 0.80 | 1.27 | 3.96 | |||
| UIGRX | 0.78 | -0.07 | 0.00 | -0.15 | 0.00 | 1.27 | 3.96 |
Risk Metrics, Assumptions & Methodology
Volatility regime for PERKINS SMALL evaluates whether NAV variability is in a calm, stressed, or transitional phase. Regime transitions often precede directional moves, making volatility shifts a useful timing signal.
Data shown for Perkins Small Cap is aggregated from fund disclosures and market reference feeds and normalized across reporting formats. Source publication timing can introduce delays. Volatility and downside metrics are estimated from historical return dispersion.
This content is curated and reviewed by:
Rifka Kats - Member of Macroaxis Editorial BoardPERKINS SMALL Investment Opportunity
Measured over the selected horizon, Perkins Small Cap carries roughly 1.21 times the return volatility of Dow Jones Industrial. Investors typically want to know whether the additional volatility is buying them more upside or simply more noise.You can use Perkins Small Cap to enhance the returns of the portfolio. This directional read frames the latest price swing through a simple momentum and follow-through lens. It is most useful when combined with broader risk controls and position-sizing discipline. a large bullish trend. Check odds of PERKINS SMALL to be traded at $23.84 in 90 days.Poor diversification
The correlation between PERKINS SMALL and Dow Jones is 0.6, which Macroaxis classifies as Poor diversification for the selected horizon. This chart helps evaluate whether adding Dow Jones genuinely reduces risk relative to holding PERKINS SMALL alone.
PERKINS SMALL Additional Risk Indicators
Secondary risk indicators for Perkins Small Cap can help investors evaluate exposure beyond standard deviation, beta, or one headline volatility measure. The stronger process compares similar securities with comparable growth and valuation context before ranking one as more or less risky.
| Risk Adjusted Performance | 0.0074 | |||
| Market Risk Adjusted Performance | 0.026 | |||
| Mean Deviation | 0.7331 | |||
| Semi Deviation | 0.9787 | |||
| Downside Deviation | 1.01 | |||
| Coefficient Of Variation | 14314.8 | |||
| Standard Deviation | 0.9867 |
PERKINS SMALL Suggested Diversification Pairs
Using PERKINS SMALL in a pair-trading setup can improve risk control because gains and losses are judged against a second position instead of against the market alone. This framework is most useful when investors want to hedge directional moves caused by sector headlines or broad market pressure.
| Ford vs. PERKINS SMALL | ||
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While pairing positions reduces portfolio risk, some forms of risk persist no matter which instruments are combined. No matter how well a pair is constructed around PERKINS SMALL, market-wide risk remains. What pair trading can address is PERKINS SMALL's unsystematic risk - the portion driven by company or sector-specific factors rather than broad market forces.