|21470961 -- Ireland Fund|| |
USD 2,564 11.78 0.46%
The fund holds Beta of 0.0493 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.
PIMCO ABS BB94USD Relative Risk vs. Return Landscape
If you would invest 256,400
in PIMCO ABS BB94USD on February 16, 2019
and sell it today you would earn a total of 0.00
from holding PIMCO ABS BB94USD or generate 0.0%
return on investment over 30
days. PIMCO ABS BB94USD is generating negative expected returns and assumes 0.0% volatility on return distribution over the 30 days horizon. Simply put, 0% of equities are less volatile than PIMCO ABS and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
PIMCO ABS Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average PIMCO ABS is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of PIMCO ABS
by adding it to a well-diversified
Risk-Adjusted Fund Performance
Over the last 30 days PIMCO ABS BB94USD has generated negative risk-adjusted returns adding no value to fund investors.
|PIMCO ABS BB94USD is not yet fully synchronised with the market data|