PIMCO GIS (Ireland) Risk Analysis And Volatility Evaluation |
| F00000PHFD -- Ireland Fund | SGD 9.93 0.11 1.10% |
Macroaxis considers PIMCO GIS to be unknown risk. PIMCO GIS Income maintains Sharpe Ratio (i.e. Efficiency) of -0.5 which implies PIMCO GIS Income had -0.5% of return per unit of volatility over the last 1 month. Macroaxis approach towards forecasting risk of any fund is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. PIMCO GIS Income exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check PIMCO GIS Income Risk Adjusted Performance of 0.10 to confirm risk estimate we provide.
| 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 Income Demand TrendCheck current 30 days PIMCO GIS correlation with market (DOW) β = 0.0604 |   |
PIMCO GIS Income Technical Analysis
Transformation |
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PIMCO GIS Projected Return Density Against Market
Assuming 30 trading days horizon, PIMCO GIS has beta of 0.0604 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 Income E Inc SGD H will be expected to be much smaller as well. 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 |
Assuming 30 trading days horizon, the coefficient of variation of PIMCO GIS is -200.0. The daily returns are destributed with a variance of 0.3 and standard deviation of 0.55. The mean deviation of PIMCO GIS Income E Inc SGD H is currently at 0.41. For similar time horizon, the selected benchmark (DOW) has volatility of 0.45
PIMCO GIS Return Volatility
PIMCO GIS Income E Inc SGD H accepts 0.5478% volatility on return distribution over the 30 days horizon. DOW inherits 0.444% risk (volatility on return distribution) over the 30 days horizon.Market Risk Breakdown
PIMCO GIS Volatility Factors
Investment Outlook
PIMCO GIS Investment Opportunity
PIMCO GIS Income E Inc SGD H has a volatility of 0.55 and is 1.25 times more volatile than DOW. 4% 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 4 (%) of all global equities and portfolios over the last 30 days. Use PIMCO GIS Income E Inc SGD H to protect against small markets fluctuations. The fund experiences somewhat bearish sentiment, but market may correct it shortly. Check odds of PIMCO GIS to be traded at S$9.63 in 30 days. 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.
PIMCO GIS correlation with market
Modest diversificationOverlapping 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.
PIMCO GIS Volatility Indicators
PIMCO GIS Income E Inc SGD H Current Risk Indicators
| Risk Adjusted Performance | 0.10 | ||
| Market Risk Adjusted Performance | 0.62 | ||
| Mean Deviation | 0.097 | ||
| Coefficient Of Variation | 558.42 | ||
| Standard Deviation | 0.1573 | ||
| Variance | 0.0247 | ||
| Information Ratio | 1.30 |
PIMCO GIS Pair Correlation
PIMCO GIS Suggested Diversification Pairs
Additionally see Investing Opportunities. Please also try Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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