PineBridge Japan (Ireland) Manager Performance Evaluation

IE00B0VPN591 -- Ireland Fund  

JPY 1,070  2.44  0.23%

The fund holds Beta of 0.0 which implies the returns on MARKET and PineBridge Japan are completely uncorrelated. Even though it is essential to pay attention to PineBridge Japan New 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 Japan New exposes twenty-one different technical indicators which can help you to evaluate its performance.
 Time Horizon     30 Days    Login   to change

PineBridge Japan New Relative Risk vs. Return Landscape

If you would invest  111,781  in PineBridge Japan New Horizon Equity A3 on July 23, 2018 and sell it today you would lose (4,794)  from holding PineBridge Japan New Horizon Equity A3 or give up 4.29% of portfolio value over 30 days. PineBridge Japan New Horizon Equity A3 is generating negative expected returns and assumes 1.2683% volatility on return distribution over the 30 days horizon. Simply put, 11% of equities are less volatile than PineBridge Japan New Horizon Equity A3 and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming 30 trading days horizon, PineBridge Japan New Horizon Equity A3 is expected to under-perform the market. In addition to that, the company is 2.13 times more volatile than its market benchmark. It trades about -0.57 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.24 per unit of volatility.

PineBridge Japan Current Valuation

Not valued
August 22, 2018
1,070
Market Value
0.00
Real Value
Target Odds
  
0.00
Upside
PineBridge Japan is Unknown risk asset. PineBridge Japan New recent Real Value cannot be determined due to lack of data. The prevailing price of PineBridge Japan New is ¥1069.87. Based on Macroaxis valuation methodology, the fund cannot be evaluated at this time. We determine the value of PineBridge Japan New 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 Japan Market Risk Analysis

Sharpe Ratio = -0.5685
Best
Portfolio
Best
Equity
Good Returns
Average Returns
Small Returns
CashSmall
Risk
Average
Risk
High
Risk
Huge
Risk
Negative ReturnsIE00B0VPN591

PineBridge Japan Relative Performance Indicators

Estimated Market Risk
 1.27
  actual daily
 
 89 %
of total potential
  
Expected Return
 -0.72
  actual daily
 
 1 %
of total potential
  
Risk-Adjusted Return
 -0.57
  actual daily
 
 1 %
of total potential
  
Based on monthly moving average PineBridge Japan 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 Japan by adding it to a well-diversified portfolio.

Performance Rating

PineBridge Japan New Horizon Equity A3 Risk Adjusted Performance Analysis
0 

Risk-Adjusted Fund Performance

Over the last 30 days PineBridge Japan New Horizon Equity A3 has generated negative risk-adjusted returns adding no value to fund investors.

PineBridge Japan Alerts

Equity Alerts and Improvement Suggestions
PineBridge Japan New generates negative expected return over the last 30 days
This fund generated-7.0 ten year return of -7.0%
PineBridge Japan retains about 5.09% of its assets under management (AUM) in cash
Please also check Risk vs Return Analysis. Please also try Coins and Tokens Correlation module to utilize digital token correlation table to build portfolio of cryptocurrencies across multiple exchanges.