PineBridge Japan (Ireland) Manager Performance Evaluation

IE00B0VPN591 -- Ireland Fund  

JPY 1,136  34.08  2.91%

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.
Horizon     30 Days    Login   to change

PineBridge Japan New Relative Risk vs. Return Landscape

If you would invest  113,885  in PineBridge Japan New Horizon Equity A3 on September 19, 2018 and sell it today you would lose (260.00)  from holding PineBridge Japan New Horizon Equity A3 or give up 0.23% of portfolio value over 30 days. PineBridge Japan New Horizon Equity A3 is generating negative expected returns and assumes 0.1318% volatility on return distribution over the 30 days horizon. Simply put, 1% 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 generate 0.12 times more return on investment than the market. However, the company is 8.04 times less risky than the market. It trades about -0.58 of its potential returns per unit of risk. The DOW is currently generating roughly -0.16 per unit of risk.

PineBridge Japan Current Valuation

Not valued
October 19, 2018
1,136
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 ¥1136.25. 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 = -0.5774
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PineBridge Japan Relative Performance Indicators

Estimated Market Risk
 0.13
  actual daily
 
 99 %
of total potential
  
Expected Return
 -0.08
  actual daily
 
 1 %
of total potential
  
Risk-Adjusted Return
 -0.58
  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.

PineBridge Japan 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 is not yet fully synchronised with the market data
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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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