PIMCO GIS (Ireland) Risk Analysis And Volatility Evaluation

F00000PHFD -- Ireland Fund  

SGD 10.08  0.01  0.1%

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 Income which you can use to evaluate future volatility of the fund. Please check PIMCO GIS Income Risk Adjusted Performance of 0.32 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 Income Demand Trend
Check current 30 days PIMCO GIS correlation with market (DOW)
β = -0.0257
PIMCO GIS Almost negative betaPIMCO GIS Income Beta Legend

PIMCO GIS Income Technical Analysis

Transformation
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Projected Return Density Against Market

Assuming 30 trading days horizon, PIMCO GIS Income E Inc SGD H has beta of -0.0257 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 Income E Inc SGD H is likely to outperform the market. Additionally, PIMCO GIS Income E Inc SGD H has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.13
β
Beta against DOW=0.03
σ
Overall volatility
=0.00
Ir
Information ratio =1.04

Actual Return Volatility

PIMCO GIS Income E Inc SGD H accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 0.6387% 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 0.64 and is 9.223372036854776E16 times more volatile than PIMCO GIS Income E Inc SGD H. 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 Income E Inc SGD H is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use PIMCO GIS Income E Inc SGD H to enhance returns of your portfolios. The fund experiences normal upward fluctuation. Check odds of PIMCO GIS to be traded at S$10.58 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 Income E Inc SGD H and equity matching DJI index in the same portfolio.
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