PIMCO GIS (Ireland) Backtesting

IE00B28D5Z40 -- Ireland Fund  

EUR 9.77  0.00  0.00%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of PIMCO GIS Diversified Inc Inst and determine expected loss or profit from investing in PIMCO GIS over given investment horizon. Please also check PIMCO GIS Hype Analysis, PIMCO GIS Correlation, Portfolio Optimization, PIMCO GIS Volatility as well as analyze PIMCO GIS Alpha and Beta and PIMCO GIS Performance.
 Time Horizon     30 Days    Login   to change
SymbolX
Backtest

PIMCO GIS 'What if' Analysis

June 16, 2018
0.00
No Change 0.00  0.0%
In 31 days
July 16, 2018
0.00
If you would invest  0.00  in PIMCO GIS on June 16, 2018 and sell it all today you would earn a total of 0.00 from holding PIMCO GIS Diversified Inc Inst or generate 0.0% return on investment in PIMCO GIS over 30 days. The fund seeks to maximise total return, consistent with prudent investment management

PIMCO GIS Upside/Downside Indicators

  

PIMCO GIS Market Premium Indicators

PIMCO GIS Diversified Backtested Returns

Macroaxis considers PIMCO GIS to be not very risky. PIMCO GIS Diversified maintains Sharpe Ratio (i.e. Efficiency) of -0.04 which implies PIMCO GIS Diversified had -0.04% of return per unit of volatility over the last 1 month. Macroaxis approach 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. PIMCO GIS Diversified exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check PIMCO GIS Diversified to confirm risk estimate we provide. The fund holds Beta of 0.0 which implies the returns on MARKET and PIMCO GIS are completely uncorrelated. Even though it is essential to pay attention to PIMCO GIS Diversified current trending patterns, it is always good to be careful when utilizing equity existing price patterns. Macroaxis approach towards forecasting future performance of any fund is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. PIMCO GIS Diversified exposes twenty-one different technical indicators which can help you to evaluate its performance.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.48) 

Modest reverse predictability

PIMCO GIS Diversified Inc Inst has modest reverse predictability. Overlapping area represents the amount of predictability between PIMCO GIS time series from June 16, 2018 to July 1, 2018 and July 1, 2018 to July 16, 2018. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of PIMCO GIS Diversified price movement. The serial correlation of -0.48 indicates that about 48.0% of current PIMCO GIS price fluctuation can be explain by its past prices. Given that PIMCO GIS Diversified Inc Inst has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of PIMCO GIS for similar time interval.
Correlation Coefficient -0.48
Spearman Rank Test -0.03
Price Variance 0.01
Average Price 9.71

PIMCO GIS Diversified lagged returns against current returns

 Current and Lagged Values 
      Timeline 

PIMCO GIS regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

PIMCO GIS Lagged Returns

 Regressed Prices 
      Timeline 

Current Sentiment - IE00B28D5Z40

PIMCO GIS Diversified Investor Sentiment
Macroaxis portfolio users are indifferent in their judgment towards investing in PIMCO GIS Diversified Inc Inst. What is your perspective on investing in PIMCO GIS Diversified Inc Inst? Are you bullish or bearish?
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Please also check PIMCO GIS Hype Analysis, PIMCO GIS Correlation, Portfolio Optimization, PIMCO GIS Volatility as well as analyze PIMCO GIS Alpha and Beta and PIMCO GIS Performance. Please also try Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.