DOW has a standard deviation of returns of 0.55 and is 1.9 times more volatile than PIMCO Sel Eurodoll Hi Qual InstJPYHdgAcc. 2%
of all equities and portfolios are less risky than PIMCO Sel. Compared to the overall equity markets, volatility of historical daily returns of PIMCO Sel Eurodoll Hi Qual InstJPYHdgAcc is lower than 2 (%)
of all global equities and portfolios over the last 30 days. Use PIMCO Sel Eurodoll Hi Qual InstJPYHdgAcc to protect against small markets fluctuations. The fund experiences normal downward trend and little activity. Check odds of PIMCO Sel to be traded at ¥976.14 in 30 days
. As returns on market increase, returns on owning PIMCO Sel are expected to decrease at a much smaller rate. During bear market, PIMCO Sel is likely to outperform the market.
PIMCO Sel correlation with market
Overlapping area represents the amount of risk that can be diversified away by holding PIMCO Sel Eurodoll Hi Qual Ins and equity matching DJI index in the same portfolio.