PSPH.PA - Risk

Risk & Diversification Scores

Transparent evaluation of price volatility (SRI) and 4-dimensional portfolio diversification.

Volatility Risk Score

5/7 Elevated

5 / 7 SRI PRIIPs Risk Class

Above-average volatility. Suitable for experienced investors with high risk tolerance (5+ years horizon).

Volatility (5Y)

16.0% p.a.

5-Year Horizon

Max Drawdown (5Y)

-25.9%

Deepest Drawdown

Sharpe Ratio

0.51

Good (0.5 - 1.0)

Rec. Holding Period

5 - 10+ Years

Investment Horizon

Elevated Risk / Growth: Score Basis:

Diversification Score

High Concentration (> 50%)

68 / 100 Portfolio Diversification

4 Dimensions: Holdings (30%) • Sectors (25%) • Industries (25%) • Regions (20%)

High concentration risk: A few heavyweights drive the majority of fund value.

Top 10 Holdings

55.6%

Focused

Effective Holdings

~29

of 62 holdings

Top Sector

22.7%

Technology

Top Region / Country

49.1%

Germany

Elevated concentration in top individual holdings, leading sectors, or key regions.

Multi-Horizon Risk & Performance Matrix

Historical volatility, drawdowns, and risk-adjusted return across 1, 3, 5, and 10 years.

Timeframe	Volatility (p.a.)	Max Drawdown	Sharpe Ratio	Return (p.a.)
1 Year	—	—	—	+13.5%
3 Years	13.8%	-18.4%	1.3	+20.4%
5 Years	16.0%	-25.9%	0.51	+10.6%
10 Years	17.5%	-34.1%	0.63	—

Notes & Warnings

🟢 Favorable / fair valuation: Avg P/E of 18.5

🟢 Established large fund (> 500M € AUM)

🟡 Moderate analyst coverage (19.6 analysts)

⚠️ Elevated top 10 holdings concentration: 56% of fund in top 10 positions.

⚠️ Single-country focus: 49% in "Germany".

🔴 Growth estimates are hyper-concentrated: Top 3 growth drivers account for 66% of total forward growth.

⚠️ Elevated Interest Rate Sensitivity: 37% in rate-sensitive or leverage-heavy industries (real estate, banks, utilities).

⚠️ Elevated Regulatory & Policy Risk: 49% in heavily regulated industries (defense, regulated utilities, healthcare policy).