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 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 technical indicators you can presently evaluate if the expected return of 0.0% will be sustainable into the future.
|Horizon||30 Days Login to change|
Principal European Relative Risk vs. Return LandscapeIf you would invest 0.00 in Principal European Equity I EUR Acc on December 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 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
Risk-Adjusted Fund PerformanceOver the last 30 days Principal European Equity I EUR Acc has generated negative risk-adjusted returns adding no value to fund investors.