PIMCO GIS (Ireland) Risk Analysis And Volatility Evaluation

F00000P7JH -- Ireland Fund  

USD 10.07  0.00  0.00%

Our approach towards forecasting volatility of a fund is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for PIMCO GIS Glbl which you can use to evaluate future volatility of the fund. Please check PIMCO GIS Glbl Risk Adjusted Performance of 0.0288 to confirm if risk estimate we provide are consistent with the epected return of 0.0%.
 Time Horizon     30 Days    Login   to change

PIMCO GIS Market Sensitivity

As returns on market increase, returns on owning PIMCO GIS are expected to decrease at a much smaller rate. During bear market, PIMCO GIS is likely to outperform the market.
One Month Beta |Analyze PIMCO GIS Glbl Demand Trend
Check current 30 days PIMCO GIS correlation with market (DOW)
β = -0.049
PIMCO GIS Almost negative betaPIMCO GIS Glbl Beta Legend

PIMCO GIS Glbl Technical Analysis

Transformation
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.

Projected Return Density Against Market

Assuming 30 trading days horizon, PIMCO GIS Glbl Inv Grd Crdt R Inc USD has beta of -0.049 suggesting as returns on benchmark increase, returns on holding PIMCO GIS are expected to decrease at a much smaller rate. During bear market, however, PIMCO GIS Glbl Inv Grd Crdt R Inc USD is likely to outperform the market. Moreover, PIMCO GIS Glbl Inv Grd Crdt R Inc USD has an alpha of 0.0212 implying that it can potentially generate 0.0212% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.0212
β
Beta against DOW=0.05
σ
Overall volatility
=0.00
Ir
Information ratio =0.17

Actual Return Volatility

PIMCO GIS Glbl Inv Grd Crdt R Inc USD accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 0.5886% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

PIMCO GIS Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Unaffected

Investment Outlook

PIMCO GIS Investment Opportunity
DOW has a standard deviation of returns of 0.59 and is 9.223372036854776E16 times more volatile than PIMCO GIS Glbl Inv Grd Crdt R Inc USD. 0% of all equities and portfolios are less risky than PIMCO GIS. Compared to the overall equity markets, volatility of historical daily returns of PIMCO GIS Glbl Inv Grd Crdt R Inc USD is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use PIMCO GIS Glbl Inv Grd Crdt R Inc USD to protect against small markets fluctuations. The fund experiences normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of PIMCO GIS to be traded at $9.97 in 30 days. As returns on market increase, returns on owning PIMCO GIS are expected to decrease at a much smaller rate. During bear market, PIMCO GIS is likely to outperform the market.

PIMCO GIS correlation with market

Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding PIMCO GIS Glbl Inv Grd Crdt R and equity matching DJI index in the same portfolio.
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