The fund holds Beta of 0.3427 which implies as returns on market increase, PineBridge Europe returns are expected to increase less than the market. However during bear market, the loss on holding PineBridge Europe will be expected to be smaller as well. . Even though it is essential to pay attention to PineBridge Europe 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. PineBridge Europe Small exposes twenty-one different technical indicators which can help you to evaluate its performance.
|Horizon||30 Days Login to change|
PineBridge Europe Small Relative Risk vs. Return LandscapeIf you would invest 2,828 in PineBridge Europe Small Cap Equity A1 on December 16, 2018 and sell it today you would lose (256.00) from holding PineBridge Europe Small Cap Equity A1 or give up 9.05% of portfolio value over 30 days. PineBridge Europe Small Cap Equity A1 is generating negative expected returns and assumes 3.5569% volatility on return distribution over the 30 days horizon. Simply put, 32% of equities are less volatile than PineBridge Europe Small and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
PineBridge Europe Current Valuation
PineBridge Europe is Unknown risk asset. PineBridge Europe Small recent Real Value cannot be determined due to lack of data. The prevailing price of PineBridge Europe Small is 25.72. Based on Macroaxis valuation methodology, the fund cannot be evaluated at this time. We determine the value of PineBridge Europe Small from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support investing in undervalued entities and to dispose of overvalued entities since at some point stocks prices and their ongoing real values will merge together.
PineBridge Europe Market Risk Analysis
Sharpe Ratio = -0.5135
PineBridge Europe Relative Performance Indicators
Estimated Market Risk
Risk-Adjusted Fund PerformanceOver the last 30 days PineBridge Europe Small Cap Equity A1 has generated negative risk-adjusted returns adding no value to fund investors.