|21470961 -- Ireland Fund|| |
USD 2,564 11.78 0.46%
The fund holds Beta of 0.0224 which implies as returns on market increase, PIMCO ABS returns are expected to increase less than the market. However during bear market, the loss on holding PIMCO ABS will be expected to be smaller as well.. Although it is extremely important to respect PIMCO ABS BB94USD
current trending patterns, it is better to be realistic regarding the information on equity existing price patterns
. The approach 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 inspecting PIMCO ABS BB94USD technical indicators
you can now evaluate if the expected return of 0.0% will be sustainable into the future.