The fund holds Beta of 0.0 which implies the returns on MARKET and Principal European are completely uncorrelated. Although it is extremely important to respect Principal European E
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 Principal European E technical indicators
you can presently evaluate if the expected return of 0.0% will be sustainable into the future.
Principal European E Relative Risk vs. Return Landscape
If you would invest 0.00
in Principal European Equity I EUR Acc on July 20, 2018
and sell it today you would earn a total of 0.00
from holding Principal European Equity I EUR Acc or generate 0.0%
return on investment over 30
days. Principal European Equity I EUR Acc 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 Principal European Equity I EUR Acc and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
Principal European Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average Principal European 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 Principal European
by adding it to a well-diversified
Risk-Adjusted Fund Performance
Over the last 30 days Principal European Equity I EUR Acc has generated negative risk-adjusted returns adding no value to fund investors.