Our philosophy towards forecasting volatility of a fund is to use all available market data together with fund specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for PineBridge Europe Small which you can use to evaluate future volatility of the fund. Please check PineBridge Europe Small Risk Adjusted Performance of
(0.68) and Coefficient Of Variation of (254.80) to confirm if risk estimate we provide are consistent with the epected return of 0.0%.
|Horizon||30 Days Login to change|
PineBridge Europe Market Sensitivity
|As returns on market increase, returns on owning PineBridge Europe are expected to decrease at a much smaller rate. During bear market, PineBridge Europe is likely to outperform the market. 2 Months Beta |Analyze PineBridge Europe Small Demand TrendCheck current 30 days PineBridge Europe correlation with market (DOW)|
β = -0.1333
PineBridge Europe Central Daily Price Deviation
PineBridge Europe Small Technical Analysis
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PineBridge Europe Projected Return Density Against MarketAssuming 30 trading days horizon, PineBridge Europe Small Cap Equity A1 has beta of -0.1333 suggesting as returns on benchmark increase, returns on holding PineBridge Europe are expected to decrease at a much smaller rate. During bear market, however, PineBridge Europe Small Cap Equity A1 is likely to outperform the market. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. PineBridge Europe Small is significantly underperforming DOW.
Predicted Return Density
|Alpha over DOW||=||1.26|
|Beta against DOW||=||0.13|
PineBridge Europe Return Volatilitythe fund accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 1.6372% risk (volatility on return distribution) over the 30 days horizon.
DOW has a standard deviation of returns of 1.64 and is 9.223372036854776E16 times more volatile than PineBridge Europe Small Cap Equity A1. 0% of all equities and portfolios are less risky than PineBridge Europe. Compared to the overall equity markets, volatility of historical daily returns of PineBridge Europe Small Cap Equity A1 is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use PineBridge Europe Small Cap Equity A1 to protect your portfolios against small markets fluctuations. The fund experiences unexpected downward movement. The market is reacting to new fundamentals. Check odds of PineBridge Europe to be traded at 24.69 in 30 days. . As returns on market increase, returns on owning PineBridge Europe are expected to decrease at a much smaller rate. During bear market, PineBridge Europe is likely to outperform the market.
PineBridge Europe correlation with market