Janus High Yield Fund Buy Hold or Sell Recommendation

JNHYX Fund  USD 7.23  0.02  0.28%   
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Janus High Yield Fund is 'Sell'. Macroaxis provides Janus High-yield buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding JNHYX positions. The advice algorithm takes into account all of Janus High-yield's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Janus High-yield's buy or sell advice are summarized below:
Real Value
7.14
Hype Value
7.23
Market Value
7.23
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Janus High Yield Fund given historical horizon and risk tolerance towards Janus High-yield. When Macroaxis issues a 'buy' or 'sell' recommendation for Janus High Yield Fund, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Janus High-yield Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
In addition, we conduct extensive research on individual funds such as Janus and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Janus High Yield Fund. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.

Execute Janus High-yield Buy or Sell Advice

The Janus recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Janus High Yield Fund. Macroaxis does not own or have any residual interests in Janus High Yield Fund or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Janus High-yield's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Janus High-yieldBuy Janus High-yield
Sell

Market Performance

ModestDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

Below AverageDetails

Economic Sensitivity

Moves indifferently to market movesDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon Janus High Yield Fund has a Mean Deviation of 0.1818, Semi Deviation of 0.1626, Standard Deviation of 0.238, Variance of 0.0567, Downside Variance of 0.1039 and Semi Variance of 0.0264
We provide advice to complement the regular expert consensus on Janus High-yield. Our dynamic recommendation engine utilizes a multidimensional algorithm to analyze the fund's potential to grow using all technical and fundamental data available at the time. Use Janus High-yield three year return and equity positions weight to ensure your buy or sell decision on Janus High-yield Fund is adequate.

Janus High-yield Trading Alerts and Improvement Suggestions

The fund retains about 6.73% of its assets under management (AUM) in cash

Janus High-yield Returns Distribution Density

The distribution of Janus High-yield's historical returns is an attempt to chart the uncertainty of Janus High-yield's future price movements. The chart of the probability distribution of Janus High-yield daily returns describes the distribution of returns around its average expected value. We use Janus High Yield Fund price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Janus High-yield returns is essential to provide solid investment advice for Janus High-yield.
Mean Return
0.03
Value At Risk
-0.42
Potential Upside
0.28
Standard Deviation
0.24
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Janus High-yield historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Janus High-yield Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Janus High-yield or Janus Henderson sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Janus High-yield's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Janus fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
0.02
β
Beta against NYSE Composite-0.0057
σ
Overall volatility
0.25
Ir
Information ratio -0.45

Janus High-yield Volatility Alert

Janus High Yield Fund exhibits very low volatility with skewness of -0.68 and kurtosis of 0.83. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Janus High-yield's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Janus High-yield's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Janus High-yield Fundamentals Vs Peers

Comparing Janus High-yield's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Janus High-yield's direct or indirect competition across all of the common fundamentals between Janus High-yield and the related equities. This way, we can detect undervalued stocks with similar characteristics as Janus High-yield or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Janus High-yield's fundamental indicators could also be used in its relative valuation, which is a method of valuing Janus High-yield by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Janus High-yield to competition
FundamentalsJanus High-yieldPeer Average
Price To Earning18.18 X6.53 X
Annual Yield0.06 %0.29 %
Year To Date Return1.54 %0.39 %
One Year Return11.20 %4.15 %
Three Year Return0.28 %3.60 %
Five Year Return3.07 %3.24 %
Ten Year Return5.96 %1.79 %
Net Asset1.47 B4.11 B
Last Dividend Paid0.030.65
Cash Position Weight6.73 %10.61 %
Equity Positions Weight3.12 %63.90 %
Bond Positions Weight13.77 %11.24 %

Janus High-yield Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Janus . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Janus High-yield Buy or Sell Advice

When is the right time to buy or sell Janus High Yield Fund? Buying financial instruments such as Janus Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Janus High-yield in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Books
Books Theme
Companies involved in publishing of books, newspapers, periodicals and other mass publications. The Books theme has 45 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Books Theme or any other thematic opportunities.
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Check out Janus High-yield Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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Please note, there is a significant difference between Janus High-yield's value and its price as these two are different measures arrived at by different means. Investors typically determine if Janus High-yield is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Janus High-yield's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.