Macroaxis considers Pacific Funds to be somewhat reliable. Pacific Funds Small
maintains Sharpe Ratio (i.e. Efficiency) of -0.0275 which implies the entity had -0.0275% of return per unit of risk over the last 3 months. Macroaxis philosophy towards forecasting risk of any fund is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators
. Pacific Funds Small exposes twenty-one different technical indicators
which can help you to evaluate volatility that cannot be diversified away. Please be advised to check Pacific Funds Small Risk Adjusted Performance
of (0.029443) and Coefficient Of Variation of (3,051) to confirm risk estimate we provide. The fund holds Beta of 1.1659 which implies as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Pacific Funds will likely underperform. Even though it is essential to pay attention to Pacific Funds Small current trending patterns, it is always good to be careful when utilizing equity existing price patterns. Macroaxis philosophy towards forecasting future performance of any fund is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Pacific Funds Small exposes twenty-one different technical indicators which can help you to evaluate its performance.
Pacific Funds Small Cap Growth has good predictability. Overlapping area represents the amount of predictability between Pacific Funds time series from July 23, 2019 to September 6, 2019 and September 6, 2019 to October 21, 2019. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Pacific Funds Small price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current Pacific Funds price fluctuation can be explain by its past prices.