|Horizon||30 Days Login to change|
PineBridge Japan Market Sensitivity
|As returns on market increase, PineBridge Japan returns are expected to increase less than the market. However during bear market, the loss on holding PineBridge Japan will be expected to be smaller as well.One Month Beta |Analyze PineBridge Japan Small Demand TrendCheck current 30 days PineBridge Japan correlation with market (DOW)|
β = 0.0312
PineBridge Japan Small Technical Analysis
PineBridge Japan Projected Return Density Against MarketAssuming 30 trading days horizon, PineBridge Japan has beta of 0.0312 . This indicates as returns on market go up, PineBridge Japan average returns are expected to increase less than the benchmark. However during bear market, the loss on holding PineBridge Japan Small Cap Equity A3 will be expected to be much smaller as well. Additionally, PineBridge Japan Small Cap Equity A3 has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Predicted Return Density
PineBridge Japan Return VolatilityPineBridge Japan Small Cap Equity A3 accepts 0.3619% volatility on return distribution over the 30 days horizon. DOW inherits 1.0678% risk (volatility on return distribution) over the 30 days horizon.