Macroaxis considers Pacific Funds to be somewhat reliable. Pacific Funds Small maintains Sharpe Ratio (i.e. Efficiency) of -0.0121 which implies the entity had -0.0121% of return per unit of risk over the last 3 months. Macroaxis philosophy towards 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. Pacific Funds Small exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check Pacific Funds Small Coefficient Of Variation of
(10,008) and Risk Adjusted Performance of (0.00713) to confirm risk estimate we provide.
90 Days Market Risk
Chance of Distress in 24 months
90 Days Economic Sensitivity
Almost mirrors market
|Horizon||30 Days Login to change|
Pacific Funds Market Sensitivity
|As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Pacific Funds will likely underperform. 3 Months Beta |Analyze Pacific Funds Small Demand TrendCheck current 30 days Pacific Funds correlation with market (DOW)|
β = 1.1684
Pacific Funds Central Daily Price Deviation
Pacific Funds Small Technical Analysis
Pacific Funds Projected Return Density Against MarketAssuming 30 trading days horizon, the fund has beta coefficient of 1.1684 . This implies as the benchmark fluctuates upward, the company is expected to outperform it on average . However, if the benchmark returns are expected to be negative, Pacific Funds will likely underperform. Moreover, The company has an alpha of 0.0043 implying that it can potentially generate 0.0043% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Assuming 30 trading days horizon, the coefficient of variation of Pacific Funds is -8241.69. The daily returns are destributed with a variance of 1.81 and standard deviation of 1.35. The mean deviation of Pacific Funds Small Cap Growth is currently at 1.07. For similar time horizon, the selected benchmark (DOW) has volatility of 0.98
|Alpha over DOW||=||0.0043|
|Beta against DOW||=||1.17|
Pacific Funds Return Volatilitythe fund shows 1.3464% volatility of returns over 30 trading days. the entity inherits 0.989% risk (volatility on return distribution) over the 30 days horizon.
Pacific Funds Investment Opportunity
Pacific Funds Small Cap Growth has a volatility of 1.35 and is 1.36 times more volatile than DOW. 12 of all equities and portfolios are less risky than Pacific Funds. Compared to the overall equity markets, volatility of historical daily returns of Pacific Funds Small Cap Growth is lower than 12 () of all global equities and portfolios over the last 30 days. Use Pacific Funds Small Cap Growth to enhance returns of your portfolios. The fund experiences large bullish trend. Check odds of Pacific Funds to be traded at $12.8 in 30 days. . As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Pacific Funds will likely underperform.
Pacific Funds correlation with market
Pacific Funds Current Risk Indicators
|Risk Adjusted Performance||(0.00713)|
|Market Risk Adjusted Performance||(0.009906)|
|Coefficient Of Variation||(10,008)|
Pacific Funds Suggested Diversification Pairs