BenzingaT3·32mo ago
JAN Janus Living, Inc.
XNYS
28.61
Delayed
Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Expected move IV rank history Fibonacci levels Insider trading
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
JAN
$28.61
—
Key stats
$28.61
- 52-Week Range
- $22.76 – $32.83
- YTD
- +21.23%
- IV Rank (30D)
- 22.83
- Straddle Price
- $2.22
- P/C Vol Ratio
- 0.17
- Market Cap
- $6.6B
- Open
- $28.39
- Day Range
- $28.32 – $29.28
- Volume
- 1,284,177
- Prev Close
- $28.31
Fair Value
MODEL: LONG
A blended fair-value estimate combining up to six valuation methods. Each method is weighted by how well it fits the company — DCF down-weights for unprofitable names; DDM only fires for steady dividend payers; comparables down-weight when peer multiples disagree.
- DCF (quality-aware) — projects free cash flow with a horizon that scales to business quality. True compounders (quality 6/6) get 10 years explicit + 10 years fade before terminal; cyclical/struggling names (quality 0-1) get a 5-year terminal cliff. Quality is scored from ROE, gross margin, growth, FCF margin, debt load, and FCF consistency — the same factors that drive market premium for compounders.
- Market-Implied Growth (in Model Inputs) — reverse-DCF that answers "what growth rate is the market pricing in?". Lets you sanity-check the deviation: if implied growth is plausible for the business, the model's bearish flag may be wrong; if implausible, the market may be over-extrapolating.
- DDM (Gordon Growth Dividend Model) — values the stream of future dividends. Only used when trailing yield ≥ 2% and dividend payments are stable — below that the dividend is a token payout and Gordon (which values only the dividend stream) systematically underprices growth names, so those route to DCF + comparables + market anchor instead.
- P/E, EV/EBITDA, P/B, P/S — applies the peer-group median multiple to this company's per-share metric. Peers come from the same set as the "Related symbols" card. Earnings/sales metrics are forward-tilted by the company's recent revenue growth (capped at 25%) so they're comparable to peers' growth-embedded multiples — mimics how analysts use NTM rather than TTM. Per-multiple weights are biased by company quality (e.g. P/B down-weighted for asset-light tech).
- Market Anchor (SMA50) — the 50-day moving average, weighted by recent trading-range stability (tighter Bollinger bands → higher weight). Captures information fundamentals miss (forward consensus, sentiment, supply/demand) — but only when recent trading is steady enough that the market has converged on a view. During wild breakouts or breakdowns the anchor's weight collapses.
- Options Expected (B-L 30d) — the risk-neutral expected stock price at 30-day options expiration, derived from the full implied-volatility surface via Breeden-Litzenberger (second derivative of call price wrt strike → implied PDF, then E[S_T]). Forward-looking, captures all options-implied information (smile, skew, term structure) in one number. Weighted by chain liquidity. SP500-only at present (pre-computed daily). Backtest evidence: adds modest alpha across most bucket × holding combos.
- Blended value — weighted average. Confidence reflects how many methods fired and how tight peer dispersion is.
- Deviation pill — green when blended FV ≥ 10% above current price (undervalued); red when ≥ 10% below; grey otherwise.
| 10-yr Treasury (rf) | 5.13% |
| Beta vs SPY | 1.00 |
| Cost of Equity (CAPM) | 10.13% (VRP-adj) |
| WACC | 5.26% |
| Volatility Risk Premium | +49.0pp (IV − HV30) |
| Effective Tax Rate | 21.0% |
| Rev. Growth (YoY, DCF input) | +3.0% |
| DCF Horizon | 10 years explicit + fade |
| Forward Tilt (NTM/TTM) | ×1.03 (applied to P/E, EV/EBITDA, P/S) |
| Free Cash Flow (TTM) | $-0.0B |
| Return on Equity (TTM) | -0.0% |
| Book / Price | 42.9% — banking bias active (P/B is primary) |
| Gross Margin (TTM) | 100.0% |
| FCF Margin (TTM) | -0.8% |
| Debt / Equity | 0.01 |
| Quality Score | 2/6 — normal (10y DCF) |
| SMA 50 | $29.93 (Market Anchor value) |
| SMA 20 / Bollinger Mid | $28.84 |
| Bollinger Width / SMA20 | 27.5% (drives anchor stability) |
| Net Debt | $0.0B |
Peers used for multiples: DLR, IRT, PLD, UDR, VTR, WELL
(filtered from 8 ETF-co-members; sector bias active)
60-Day Conviction
35%
20-Day Fair Value
≈ by Nov 24, 2026
$29.01
α +1.4%
rank 28%
conviction
72%
40-Day Fair Value
≈ by Dec 23, 2026
$28.99
α +1.3%
rank 21%
conviction
45%
60-Day Fair Value
≈ by Jan 21, 2027
$28.90
α +1.0%
rank 18%
conviction
35%
| Method | Implied Price | Weight | Detail |
|---|---|---|---|
| DCF | n/a | 0% | |
| DDM (Gordon) | $6.43 | 0% | |
| Peer P/E | n/a | 0% | median 82.9× · 6 peers |
| Peer EV/EBITDA | n/a | 0% | median 24.5× · 6 peers |
| Peer P/B | $32.56 | 38% | median 2.7× · 6 peers |
| Peer P/S | $21.06 | 38% | median 8.2× · 6 peers |
| Market Anchor (SMA50) | $29.93 | 24% | stability 13% (BB-width) |
| Options Expected (B-L 30d) | $27.57 | 0% | 6 strikes · skew -0.89 |
As of 2026-10-26 · updated
Related
About
- Industry (SIC)
- REAL ESTATE INVESTMENT TRUSTS (6798) · industry map
- Exchange
- XNYS
- Market Cap
- $6.6B
- List Date
- 2026-03-20
- CIK
- 0002100805
- Next Earnings
- 2026-11-02 (After-Close)
- EPS Forecast
- $0.24 (8 est.)
- Headquarters
- Denver, CO
- Homepage
- https://www.janusreit.com
Janus Living Inc is a U.S. publicly traded REIT focused exclusively on the senior housing sector and the only U.S. publicly traded REIT whose entire portfolio is owned and operated under RIDEA structures.
Summary
—
composite
—
No summary data available for this symbol yet.
Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '26 | Avg |
|---|---|---|---|---|---|---|
| Jan | 101.12% | -27.45% | 7.12% | -12.17% | -- | 17.16% |
| Feb | -10.00% | -17.66% | 2.91% | 93.57% | -- | 17.20% |
| Mar | -3.77% | 26.91% | -27.85% | 64.89% | -0.13% | 12.01% |
| Apr | -21.36% | -27.14% | -12.54% | 40.70% | 12.38% | -1.59% |
| May | 3.45% | 54.77% | 29.35% | -13.24% | 1.13% | 15.09% |
| Jun | 17.82% | 3.20% | -12.50% | -24.07% | 10.54% | -1.00% |
| Jul | -3.57% | 5.75% | -12.09% | 4.21% | 3.99% | -0.34% |
| Aug | -15.30% | 2.41% | -49.57% | -- | 0.68% | -15.45% |
| Sep | 0.00% | -28.43% | -26.70% | -- | -4.11% | -14.81% |
| Oct | -7.82% | 0.89% | -25.31% | -- | -0.45%* | -8.17% |
| Nov | -21.67% | -12.39% | 31.29% | -- | -- | -0.92% |
| Dec | -11.85% | -31.57% | 29.67% | -- | -- | -4.58% |
| Total | -13.21% | -58.64% | -67.47% | 170.78% | 25.39% | 11.37% |
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $28.77
SMA 50: $29.89
SMA 200: $21.94
Current: $28.61
EMA 12: $28.73
EMA 26: $29.08
MACD: -0.3456 | Signal: 0.0305
BEARISH
ADX (14): 15.15
RANGE
+DI: 15.24
−DI: 20.13
Momentum Oscillators
RSI (14): 44.91
NEUTRAL
Stoch %K: 37.80
Stoch %D: 39.61
Williams %R: -58.54
Volume & Volatility
BB Upper: $29.78
BB Lower: $27.77
NEUTRAL
OBV: 122,859,111
Vol SMA 20: 1,457,145
Vol ROC: -8.59%
ATR: $0.87
True Range: $0.97
HV 20: 24.5%
HV 30: 24.0%
HV 60: 26.0%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2023-02-23T00:00:00 – 2026-10-26T00:00:00
AI Analysis
Stock Analysis Report: JAN
Executive Summary
Overall Assessment: BEARISH | Confidence Level: 6/10
JAN presents a conflicted technical picture with bearish momentum indicators offset by an unusual negative beta structure. The stock is trading below its 20 and 50-day moving averages in a range-bound regime with deteriorating volume momentum and a bearish MACD histogram. However, the extreme negative beta (-17.53) suggests this may be an inverse or leveraged instrument, which fundamentally changes the risk/reward interpretation. The options market is pricing moderate volatility with bullish sentiment (0.50 put/call ratio), but this conflicts with price action below key moving averages.
Key Drivers & Primary Risks:
- Bearish technical momentum (MACD below signal line, price below SMAs)
- Extreme liquidity and data anomalies requiring clarification on security type
- Inverse beta relationship creates counterintuitive hedging dynamics
- Deteriorating volume momentum (-99.31% VROC) signals weakening institutional interest
Investment Thesis: JAN is in a downtrend relative to its intermediate moving averages with bearish momentum indicators, but the extreme negative beta and minimal earnings visibility suggest this may be a specialized instrument requiring different analytical treatment. The options market's bullish sentiment conflicts with technical weakness, creating asymmetric risk. Significant data quality flags necessitate clarification before position establishment.
Recent News Sentiment Impact: News headlines provided lack direct relevance to JAN and appear to be market movement summaries from other securities (IPG, ZoomInfo, Green Giant, AMC, AppLovin, Lands' End). No JAN-specific catalysts or news drivers are evident in the data provided, limiting sentiment assessment. This represents a critical data quality issue for comprehensive analysis.
Technical Analysis
Trend Direction
Short-term (1-4 weeks): BEARISH
- Price ($28.70) trading below SMA 20 ($29.27) and SMA 50 ($30.08)
- MACD at -0.51 below signal line of -0.04, with histogram at -0.48 (bearish momentum)
- Stochastic indicators showing weakness: %K at 38.69, %D at 31.92 (both in lower half of range)
Medium-term (1-3 months): NEUTRAL-TO-BEARISH
- Price remains well above SMA 200 ($20.96), showing medium-term uptrend intact
- However, recent price action failing to sustain above intermediate MAs suggests momentum loss
- ADX at 17.69 indicates weak trend strength (directional conviction requires ADX >25)
Long-term (3-12 months): BULLISH
- Price maintains significant distance above 200-day MA (+37% above)
- Long-term support structure remains intact unless $20.96 is breached
Support/Resistance Levels
| Level | Type | Distance | Implication | |-------|------|----------|-------------| | $30.84 | Resistance (Upper BB) | +7.4% | Overbought zone; potential reversal point | | $29.27 | Resistance (SMA 20) | +1.9% | Intermediate resistance; reclaim needed for bullish confirmation | | $28.70 | Current Price | — | Trading at lower BB middle band area | | $27.69 | Support (Lower BB) | -3.5% | Near-term support; ATR suggests $0.77 daily move capacity | | $25-26 | Support (gap fill potential) | -12.8% | Psychological support zone | | $20.96 | Major Support (SMA 200) | -27.0% | Long-term support; break would signal major breakdown |
Critical Observation: Bollinger Bands width of 10.75% is moderate, suggesting normal volatility conditions (not in squeeze or extreme breakout mode).
Momentum Signals
RSI (14): 42.01 - NEUTRAL
- Reading between 30-70 indicates neutral territory without overbought/oversold extremes
- Positioned in lower-neutral zone, suggesting modest weakness without capitulation
- No divergence signals evident from provided data
MACD: BEARISH CROSSOVER
- MACD line (-0.51) is below signal line (-0.04), confirming bearish momentum
- Histogram value (-0.48) is negative and widening, showing momentum acceleration to downside
- No recent bullish crossover; trend remains in bearish phase
Bollinger Bands: NEUTRAL-RANGE BOUND
- Price at $28.70 is in middle zone (between upper $30.84 and lower $27.69)
- Width of 10.75% is moderate, not indicating volatility squeeze
- Position suggests consolidation rather than trend confirmation or mean reversion signal
Volume Analysis
Volume Rate of Change: EXTREME WEAKNESS (-99.31%)
- This is the most concerning technical signal
- Suggests current volume is approximately 99% below the 20-day moving average
- Indicates severe institutional disinterest and potential low liquidity environment
- Data Quality Flag: This extreme reading warrants confirmation; -99% VROC typically indicates data anomalies or extremely thin trading
On-Balance Volume Trend: OBV at 119,797,168.36 provides absolute volume context but requires historical comparison to assess trend directionality. Without previous OBV readings, directional assessment is limited.
Volume SMA 20: 1,775,178.95 - Provides baseline for current period comparison, but the -99.31% VROC suggests current volume is trading dramatically below average.
News & Sentiment Analysis
Recent Headlines Summary
Critical Data Quality Issue: The provided news headlines do not reference JAN directly. Instead, they appear to be market-wide movement summaries from unrelated stocks (IPG Photonics, ZoomInfo, Green Giant, AMC Entertainment, AppLovin, Lands' End). The dates range from August 2023 to February 2024, with no recent JAN-specific news or catalysts included.
Themes Observed in Generic Market Headlines:
- Intraday volatility and price swings in various sectors
- Mix of positive and negative moves across different industries
- No sector-specific or JAN-specific narrative
Sentiment Assessment
Aggregate Sentiment: NEUTRAL-TO-NEGATIVE (2/10 Confidence)
- No direct JAN news sentiment quantifiable
- Absence of positive catalysts (earnings beats, product launches, partnerships) in available data
- Absence of negative catalysts (misses, downgrades, regulatory issues) in available data
Assessment Limitation: Without JAN-specific news, sentiment analysis is incomplete. This represents a major analytical gap limiting confidence in comprehensive assessment.
Catalyst Identification
Immediate (1-7 days): None identified in available data
Near-term (1-4 weeks): None identified in available data
Medium-term (1-3 months): None identified in available data
Time-Sensitive Events:
- Next Earnings: November 2, 2026 - Extremely distant (likely over 1.5 years away based on analysis date context)
- Recent Earnings: August 4, 2026 - If this reflects current year, represents recent reporting; if literal future date, indicates data anomaly
Data Quality Flag: Earnings dates of 2026 suggest either:
- Data collection occurred in 2024 with projections
- ETF structure (no earnings) misclassified
- Data input error requiring clarification
Market Narrative Alignment
Technical vs. News Signals: INCONCLUSIVE
- Technical weakness (bearish MACD, price below SMAs) cannot be confirmed/contradicted by news
- Options market bullish sentiment (0.50 put/call ratio) contradicts technical weakness slightly
- Absence of company-specific news limits ability to assess whether technical weakness represents sector headwind or company-specific issue
Risk & Volatility Assessment
Beta Interpretation: EXTREME ANOMALY
Beta: -17.53 vs SPY
This reading presents the single most important analytical consideration for JAN:
Interpretation:
- Negative Beta: Stock moves inversely to market (when SPY up, JAN typically down; vice versa)
- Magnitude (-17.53): Extreme leverage suggesting this is likely:
- An inverse/short ETF (designed to move opposite to an underlying index or asset)
- A leveraged inverse instrument (2x, 3x inverse ETF structure)
- A single-stock inverse derivative or options-based instrument
Risk Implications:
- During
Generated
News
All JAN news →
BenzingaT3·32mo ago
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BenzingaT3·36mo ago
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BenzingaT3·43mo ago
BenzingaT3·43mo ago
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Page 1 of 3
Earnings History
1 of 1 under expected move
Avg Expected Move
10.03%
Avg Actual Move
1.94%
| Earnings Date | Timing | Expected Move | Actual Move | Ratio | Outcome |
|---|---|---|---|---|---|
| 2026-08-04 | After-Close | 10.03% | 1.94% | 0.19x | Within |
Earnings calendar: this week’s reports with expected vs actual moves →
JAN Options Activity & IV Rank
JAN IV rank history, 52-week IV rank and IV percentile →
Volatility Metrics
Current IV: 38.8%
7-DTE IV: —
Expected Move: $2.22
7-DTE Move: $2.22
Days to Exp: 25 (2026-11-20)
Options Flow
Call Volume: 6
Put Volume: 1
P/C Volume: 0.167
BULLISH
Call OI: 100
Put OI: 3
P/C OI: 0.03
Total OI: 103
ATM Options Pricing
ATM Call: $0.70
ATM Put: $1.52
Call %: 2.4%
Put %: 5.3%
Chain Summary
Chain Volume: 46
Chain OI: 739
Last Updated: 10/26/2026
Spread Scanner GPU
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score (GPU scanner)
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
Dealer Positioning
TYPICAL γ
Estimated net dealer gamma is at the 69th percentile of this name's own daily history, within its typical range. This describes current positioning; it is not a forecast or a trading signal.
Gamma percentile
69%
vs own history
GEX tilt
+1.00
OI-weighted, today
Vanna tilt
+0.94
δ-sensitivity to IV
Charm tilt
-0.96
δ-decay vs time
Vanna tilt +0.94: the estimated dealer exposure leans positive, so the modeled hedge would shift noticeably if implied volatility changed.
Charm tilt -0.96: the estimated dealer exposure leans negative, so the modeled hedge would shift noticeably as time passes and options approach expiry.
? What is this?
· 3 ATM contracts, 1k total OI
Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.
Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.
Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.
This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
—
—
pts
EXTREME
as of Oct 26 · No data
30 DTE / 10d
—
—
pts
EXTREME
as of Oct 26 · ATM 30.7% / Wing —
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Enter a ticker to render the implied volatility surface.
Volatility Smile
Enter a ticker to render the implied volatility smile.
IV Rank (7 DTE)
IV Rank (30 DTE)22.8LowOct 26
Straddle Price (30 DTE)$2.22Oct 26
Beta Analysis
Risk Metrics
Beta: -16.4912
Alpha: 2044.80%
Correlation: -0.1761
R-Squared: 3.1%
Stock Volatility: 1234.0%
Market Volatility: 13.2%
Analysis Details
Benchmark: SPY
Data Points: 152
Period: 252 trading days
Data Points: 152
Period: 252 trading days
Interpretation:
Negative beta - stock moves opposite to market
Negative beta - stock moves opposite to market
Beta & Alpha Over Time
Notable investors who own JAN
5 of 37 tracked investors
| Investor | Value | Share of their portfolio | Rank | Q/Q shares | Source |
|---|---|---|---|---|---|
| Millennium Management Hedge fund Izzy Englander | $93.9M | #356 of 3716 | +486.8% | 13F | |
| Soros Fund Management Family office George Soros, Robert Soros, Jonathan Soros | $9.4M | #137 of 251 | +42.6% | 13F | |
| Citadel Hedge fund Ken Griffin | $6.7M | #1869 of 6285 | -86.3% | 13F | |
| Renaissance Technologies Hedge fund Jim Simons | $555K | #2562 of 3138 | new | 13F | |
| Rockefeller Capital Management Family office Rockefeller family | $4K | #4269 of 4729 | new | 13F |
Hedge funds, activists, holding companies and family offices we track, from their latest 13F (quarter-end value) and Form 4 filings in the last 3 years. Family offices · all institutions
JAN Institutional Ownership (13F)
Latest filings — 2026-09-30
? 13F Guide
Diluted shares outstanding: 133,545,337 (as of 2026-06-30)
Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
1 filers$1.54M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Susquehanna International Group, LLP Custodian | $1.54M | 100.00% | 2026-06-30 |
| # | Filer | Notional Value | % of Total | Period |
|---|
JAN Insider Trading (Form 4)
Latest: 2026-03-24Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
| Filed | Reporter | Role | Action | Shares | Avg Price | Net $ | Link |
|---|---|---|---|---|---|---|---|
| 2026-03-24 | Adam G Mabry | CHIEF INVESTMENT OFFICER | Grant (A) | +15,000 RSU | — | EDGAR | |
| 2026-03-24 | Denise Olsen | Director | Mixed | +8,000 | $20.00 | $10.0K | EDGAR |
| 2026-03-24 | Ankit B. Patadia | EVP AND TREASURER | Grant (A) | +10,000 RSU | — | EDGAR | |
| 2026-03-24 | John V Arabia | Director | Mixed | +67,500 | $20.00 | $1.20M | EDGAR |
| 2026-03-24 | Jeffrey H Miller | CHIEF OPERATING OFFICER | Buy (P) | +7,500 | $20.00 | $150.0K | EDGAR |
| 2026-03-24 | Tracy A Porter | EVP & GENERAL COUNSEL | Grant (A) | +10,000 RSU | — | EDGAR | |
| 2026-03-24 | Katherine M Sandstrom | Director | Mixed | +21,000 | $20.00 | $270.0K | EDGAR |
| 2026-03-24 | Shawn G Johnston | EVP & CHIEF ACCOUNTING OFFICER | Grant (A) | +10,000 RSU | — | EDGAR | |
| 2026-03-24 | Charles J Herman Jr | Director | Mixed | +13,000 | $20.00 | $110.0K | EDGAR |
| 2026-03-24 | Kelvin O Moses | CHIEF FINANCIAL OFFICER | Grant (A) | +15,000 RSU | — | EDGAR | |
| 2026-03-24 | Scott M Brinker | PRESIDENT & CEO | Buy (P) | +100,000 | $20.00 | $2.00M | EDGAR |
| 2025-10-09 | David C. Danziger | Director | Mixed | +20,000 | $7.59 | $151.8K | EDGAR |
| 2025-08-12 | Virland A Johnson | CFO | Award (A) | +25,000 | $0.01 | $250 | EDGAR |
| 2024-12-10 | Virland A Johnson | Chief Financial Officer | Buy (P) | +3,000 | $3.00 | $9.0K | EDGAR |
| 2024-09-11 | Peter Tassiopoulos | Chief Executive Officer | Buy (P) | +5,000 | $2.06 | $10.3K | EDGAR |
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.
JAN Insider Holdings
6 insiders · @ $28.61
Officers, directors, and 10%+ owners who have filed a Form 4 in the past two years, ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
| # | Insider | Role | Shares | Disclosed Exposure | Lifetime OM Net | Filings | Last Filed |
|---|---|---|---|---|---|---|---|
| 1 | Scott M Brinker | PRESIDENT & CEO | 100,000 | $2.86M | $2.00M | 1 | 2026-03-24 |
| 2 | Charles J Herman Jr | Director | 13,000 | $371.9K | $110.0K | 1 | 2026-03-24 |
| 3 | Denise Olsen | Director | 8,000 | $228.9K | $10.0K | 1 | 2026-03-24 |
| 4 | Jeffrey H Miller | CHIEF OPERATING OFFICER | 7,500 | $214.6K | $150.0K | 1 | 2026-03-24 |
| 5 | Katherine M Sandstrom | Director | 7,500 | $214.6K | $270.0K | 1 | 2026-03-24 |
| 6 | John V Arabia | Director | 2,500 | $71.5K | $1.20M | 1 | 2026-03-24 |
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.
JAN Board & Officers
As of SEC filings through Mar 24, 2026Directors 8
- CCRC PropCo Ventures, LLC (entity) · since Mar 20, 2026
- Charles J Herman Jr · since Mar 20, 2026
- Denise Olsen · since Mar 20, 2026
- Healthpeak Properties, Inc. (entity) · since Mar 20, 2026
- Janus Member, LLC (entity) · since Mar 20, 2026
- John V Arabia · since Mar 20, 2026
- Katherine M Sandstrom · since Mar 20, 2026
- Scott M Brinker · since Mar 20, 2026
Officers 7
- Scott M Brinker · President & CEO, Director · since Mar 20, 2026
- Kelvin O Moses · Chief Financial Officer · since Mar 20, 2026
- Jeffrey H Miller · Chief Operating Officer · since Mar 20, 2026
- Adam G Mabry · Chief Investment Officer · since Mar 20, 2026
- Shawn G Johnston · EVP & Chief Accounting Officer · since Mar 20, 2026
- Tracy A Porter · EVP & General Counsel · since Mar 20, 2026
- Ankit B. Patadia · EVP and Treasurer · since Mar 20, 2026
10% owners 3
- CCRC PropCo Ventures, LLC (entity) · since Mar 20, 2026
- Healthpeak Properties, Inc. (entity) · since Mar 20, 2026
- Janus Member, LLC (entity) · since Mar 20, 2026
Changes in the last 10 years (18)
| Mar 20, 2026 | Tracy A Porter became EVP & General Counsel |
| Mar 20, 2026 | Shawn G Johnston became EVP & Chief Accounting Officer |
| Mar 20, 2026 | Scott M Brinker became a director |
| Mar 20, 2026 | Scott M Brinker became President & CEO, Director |
| Mar 20, 2026 | Kelvin O Moses became Chief Financial Officer |
| Mar 20, 2026 | Katherine M Sandstrom became a director |
| Mar 20, 2026 | John V Arabia became a director |
| Mar 20, 2026 | Jeffrey H Miller became Chief Operating Officer |
| Mar 20, 2026 | Janus Member, LLC became a director |
| Mar 20, 2026 | Janus Member, LLC became a 10% owner |
| Mar 20, 2026 | Healthpeak Properties, Inc. became a director |
| Mar 20, 2026 | Healthpeak Properties, Inc. became a 10% owner |
| Mar 20, 2026 | Denise Olsen became a director |
| Mar 20, 2026 | Charles J Herman Jr became a director |
| Mar 20, 2026 | CCRC PropCo Ventures, LLC became a director |
| Mar 20, 2026 | CCRC PropCo Ventures, LLC became a 10% owner |
| Mar 20, 2026 | Ankit B. Patadia became EVP and Treasurer |
| Mar 20, 2026 | Adam G Mabry became Chief Investment Officer |
Compiled from SEC filings by the company and its directors and officers. Dates are as stated in those filings. Where no filing says when someone left, we show the last filing that listed them.
ETF Holders
41 ETFs hold JAN
25 shown · $274.32M total exposure · 0.02% AUM-weighted avg weight
| # | ETF | Provider | Weight | $ Exposure | ETF AUM | As Of |
|---|---|---|---|---|---|---|
| 1 | VTI Vanguard Morningstar Total Stock Market ETF | Vanguard | 0.00% | $87.8M | — | 2026-09-30 |
| 2 | VB Vanguard Morningstar Small-Cap ETF | Vanguard | 0.03% | $61.9M | — | 2026-09-30 |
| 3 | VBK Vanguard Morningstar Small-Cap Growth ETF | Vanguard | 0.08% | $34.5M | — | 2026-09-30 |
| 4 | VXF Vanguard Extended Market ETF | Vanguard | 0.03% | $28.7M | — | 2026-09-30 |
| 5 | IWR iShares Russell Mid-Cap ETF | iShares (BlackRock) | 0.01% | $8.6M | $57.3B | 2026-10-23 |
| 6 | USRT iShares Core U.S. REIT ETF | iShares (BlackRock) | 0.18% | $7.8M | $4.3B | 2026-10-23 |
| 7 | REET iShares Global REIT ETF | iShares (BlackRock) | 0.12% | $5.6M | $4.8B | 2026-10-23 |
| 8 | IWD iShares Russell 1000 Value ETF | iShares (BlackRock) | 0.01% | $4.6M | $84.8B | 2026-10-23 |
| 9 | LPRE Long Pond Real Estate Select ETF | Nport | 2.91% | $4.6M | — | 2026-05-31 |
| 10 | RWR State Street® SPDR® Dow Jones® REIT ETF | SPDR (State Street) | 0.24% | $4.4M | $1.8B | 2026-10-23 |
| 11 | REZ iShares Residential and Multisector Real Estate ETF | iShares (BlackRock) | 0.51% | $4.1M | $799.2M | 2026-10-23 |
| 12 | ITOT iShares Core S&P Total U.S. Stock Market ETF | iShares (BlackRock) | 0.00% | $3.4M | $96.5B | 2026-10-23 |
| 13 | JPRE JPMorgan Realty Income ETF | JPMorgan | 0.68% | $3.2M | $472.5M | 2026-10-26 |
| 14 | IWS iShares Russell Mid-Cap Value ETF | iShares (BlackRock) | 0.02% | $3.1M | $15.7B | 2026-10-23 |
| 15 | RWO State Street® SPDR® Dow Jones® Global Real Estate ETF | SPDR (State Street) | 0.15% | $1.8M | $1.2B | 2026-10-23 |
| 16 | VT Vanguard Total World Stock ETF | Vanguard | 0.00% | $1.8M | — | 2026-09-30 |
| 17 | IWB iShares Russell 1000 ETF | iShares (BlackRock) | 0.00% | $1.4M | $48.7B | 2026-10-23 |
| 18 | VONV Vanguard Russell 1000 Value ETF | Vanguard | 0.01% | $1.4M | — | 2026-09-30 |
| 19 | SMMD iShares Russell 2500 ETF | iShares (BlackRock) | 0.03% | $1.2M | $4.1B | 2026-10-23 |
| 20 | EQAL Invesco Russell 1000 Equal Weight ETF | Invesco | 0.14% | $1.1M | — | 2026-10-24 |
| 21 | ISCG iShares Morningstar Small-Cap Growth ETF | iShares (BlackRock) | 0.09% | $839,476 | $959.0M | 2026-10-23 |
| 22 | BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF | JPMorgan | 0.11% | $798,047 | $734.0M | 2026-10-26 |
| 23 | IPO Renaissance IPO ETF | Nport | 0.37% | $678,982 | — | 2026-06-30 |
| 24 | IWV iShares Russell 3000 ETF | iShares (BlackRock) | 0.00% | $571,664 | $20.4B | 2026-10-23 |
| 25 | BLCV iShares Large Cap Value Active ETF | iShares (BlackRock) | 0.15% | $524,726 | $353.3M | 2026-10-23 |
Fundamentals
Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.
Metrics
- Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
- Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
- Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
- Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
- Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
- YoY growth — compare to the same quarter a year earlier to remove seasonality.
- Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
- Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.
TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.
Trailing P/E
—
TTM Diluted EPS
$-2570.00
TTM Revenue
$565.66M
TTM Net Income
$-407.00K
TTM Op. Cash Flow
—
Quarterly figures (2 quarters)
| Quarter | Period End | Revenue | Net Income | Diluted EPS | Op. Cash Flow |
|---|---|---|---|---|---|
| Q2 '26 | 2026-06-30 | $216.46M | $10.72M | $0.05 | $79.56M |
| Q2 '25 | 2025-06-28 | $6.38M | $-9.12M | $-0.49 | $-5.30M |
Q2 2026 • period ending 2026-06-30 • filed 2026-08-05
Valuation
Ratios derived from TTM financials and the current market price, sampled daily. History chart shows how expensive the stock is today relative to its own recent past.
Price Multiples
- P/E — price / TTM earnings. Rough market rule: 10–15 value, 15–25 market, >30 growth/premium. Negative when earnings are negative.
- P/B — price / book value. Useful for financials and asset-heavy names; meaningless for asset-light software.
- P/S — price / TTM revenue. Useful when earnings are negative or noisy (early-stage growth).
- EV/EBITDA — capital-structure-neutral. <10 cheap, 10–15 reasonable, >20 rich. Good for comparing across leverage profiles.
- EV/Sales — like P/S but accounts for debt + cash. Compare within sector.
Profitability & Yields
- ROE — return on equity. >15% strong, >25% exceptional. Caution: high leverage inflates ROE.
- ROA — return on assets. Leverage-neutral; >5% solid, >10% exceptional.
- Div Yield — annual dividend / price. Compare to 10Y Treasury; sustained yield >6% often signals distress.
- FCF Yield — free cash flow / market cap. >5% is attractive; negative means burning cash.
Balance Sheet
- Debt/Equity — leverage. <1 conservative, >2 aggressive. Sector-dependent (utilities naturally high, tech low).
- Current Ratio — short-term liquidity. >1.5 comfortable, <1 raises short-term solvency flags.
Reading the history chart
- Compare current level to the 3-year band: near the high end = relatively expensive; near the low = relatively cheap.
- Multiples expanding while earnings are flat = sentiment-driven rally.
- Multiples compressing while earnings grow = value coming from fundamentals.
P/E
—
P/B
1.03
P/S
6.75
EV/EBITDA
16.05
EV/Sales
4.00
ROE
-0.0%
ROA
-0.0%
Div Yield
0.00%
FCF Yield
—
Debt/Equity
0.00
Current Ratio
—
Market Cap
$3.82B
as of 2026-10-26
Short Interest & Float
Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.
Metric definitions
- Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
- SI % of Float — short interest / free float. The key crowding metric.
- Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
- Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
- Free Float — shares available for public trading (total shares minus insider / restricted).
- Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
- SI % of Float < 5% — typical, no particular signal.
- 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
- 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
- >30% — extreme; borrow is likely expensive and squeeze risk is material.
- Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
- Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
- A sudden drop in SI after a rally may indicate a squeeze in progress.
Short interest is reported mid-month and end-of-month; short volume is daily.
Short Interest
11.08M
SI % of Float
25.51%
Days to Cover
4.68
Short Vol Ratio
53.9%
Free Float
43.44M
Float %
23.2%
Short interest 2026-09-30 • Short volume 2026-10-26 • Float 2026-05-15