|Horizon||30 Days Login to change|
PIMCO GIS Market Sensitivity
|As returns on market increase, PIMCO GIS returns are expected to increase less than the market. However during bear market, the loss on holding PIMCO GIS will be expected to be smaller as well.One Month Beta |Analyze PIMCO GIS Glbl Demand TrendCheck current 30 days PIMCO GIS correlation with market (DOW)|
β = 0.0386
PIMCO GIS Glbl Technical Analysis
PIMCO GIS Projected Return Density Against MarketAssuming 30 trading days horizon, PIMCO GIS has beta of 0.0386 suggesting as returns on market go up, PIMCO GIS average returns are expected to increase less than the benchmark. However during bear market, the loss on holding PIMCO GIS Glbl Inv Grd Crdt R Inc USD will be expected to be much smaller as well. Moreover, PIMCO GIS Glbl Inv Grd Crdt R Inc USD has an alpha of 0.0048 implying that it can potentially generate 0.0048% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
PIMCO GIS Return VolatilityPIMCO GIS Glbl Inv Grd Crdt R Inc USD accepts 0.0996% volatility on return distribution over the 30 days horizon. DOW inherits 0.4303% risk (volatility on return distribution) over the 30 days horizon.