The fund holds Beta of 0.0 which implies the returns on MARKET and PineBridge Europe are completely uncorrelated. Although it is extremely important to respect PineBridge Europe Small
current trending patterns, it is better to be realistic regarding the information on equity existing price patterns
. The philosophy towards forecasting future performance of any fund is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators
. By analyzing PineBridge Europe Small technical indicators
you can presently evaluate if the expected return of 0.0% will be sustainable into the future.
Risk-Adjusted Fund Performance
Over the last 30 days PineBridge Europe Small Cap Equity A1 has generated negative risk-adjusted returns adding no value to fund investors. Despite somewhat strong basic indicators, PineBridge Europe is not utilizing all of its potentials. The current stock price disturbance, may contribute to short term losses for the investors.
PineBridge Europe Small Relative Risk vs. Return Landscape
If you would invest (100.00)
in PineBridge Europe Small Cap Equity A1 on May 20, 2019
and sell it today you would earn a total of 100.00
from holding PineBridge Europe Small Cap Equity A1 or generate -100.0%
return on investment over 30
days. PineBridge Europe Small Cap Equity A1 is generating negative expected returns and assumes 0.0% volatility on return distribution over the 30 days horizon. Simply put, 0% of equities are less volatile than PineBridge Europe 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 Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average PineBridge Europe is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of PineBridge Europe
by adding it to a well-diversified