PNC Multi Risk Analysis And Volatility

PEWAX -- USA Fund  

USD 33.35  0.11  0.33%

Macroaxis considers PNC Multi to be not too volatile. PNC Multi Factor retains Efficiency (Sharpe Ratio) of -0.0096 which implies the entity had -0.0096% of return per unit of risk over the last 3 months. Macroaxis philosophy in forecasting risk of any fund is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. PNC Multi exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check PNC Multi Factor Large Cap Grow Market Risk Adjusted Performance of 0.2125 and Semi Deviation of 2.33 to confirm risk estimate we provide.

90 Days Market Risk

Not too volatile

Chance of Distress in 24 months

Very Small

90 Days Economic Sensitivity

Almost mirrors market
Horizon     30 Days    Login   to change

PNC Multi Market Sensitivity

As returns on market increase, PNC Multi returns are expected to increase less than the market. However during bear market, the loss on holding PNC Multi will be expected to be smaller as well.
3 Months Beta |Analyze PNC Multi Factor Demand Trend
Check current 30 days PNC Multi correlation with market (DOW)
β = 0.0883

PNC Multi Central Daily Price Deviation

PNC Multi Factor Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. PNC Multi Typical Price indicator is an average of each day price and can be used instead of closing price when creating different PNC Multi Factor moving average lines. View also all equity analysis or get more info about typical price price transform indicator.

PNC Multi Projected Return Density Against Market

Assuming 30 trading days horizon, PNC Multi has beta of 0.0883 . This implies as returns on market go up, PNC Multi average returns are expected to increase less than the benchmark. However during bear market, the loss on holding PNC Multi Factor Large Cap Grow will be expected to be much smaller as well. Moreover, The company has an alpha of 0.0064 implying that it can potentially generate 0.0064% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of PNC Multi is -10418.69. The daily returns are destributed with a variance of 3.18 and standard deviation of 1.78. The mean deviation of PNC Multi Factor Large Cap Grow is currently at 0.89. For similar time horizon, the selected benchmark (DOW) has volatility of 0.74
α
Alpha over DOW
=0.0064
β
Beta against DOW=0.09
σ
Overall volatility
=1.78
Ir
Information ratio =0.06

PNC Multi Return Volatility

the fund shows 1.7829% volatility of returns over 30 trading days. the entity inherits 0.7266% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

PNC Multi Investment Opportunity

PNC Multi Factor Large Cap Grow has a volatility of 1.78 and is 2.44 times more volatile than DOW. 15  of all equities and portfolios are less risky than PNC Multi. Compared to the overall equity markets, volatility of historical daily returns of PNC Multi Factor Large Cap Grow is lower than 15 () of all global equities and portfolios over the last 30 days. Use PNC Multi Factor Large Cap Grow to enhance returns of your portfolios. The fund experiences normal upward fluctuation. Check odds of PNC Multi to be traded at $35.02 in 30 days. . As returns on market increase, PNC Multi returns are expected to increase less than the market. However during bear market, the loss on holding PNC Multi will be expected to be smaller as well.

PNC Multi correlation with market

correlation synergy
Significant diversification
Overlapping area represents the amount of risk that can be diversified away by holding PNC Multi Factor Large Cap Gro and equity matching DJI index in the same portfolio.

PNC Multi Current Risk Indicators

PNC Multi Suggested Diversification Pairs

Additionally take a look at Your Equity Center. Please also try Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
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