|Horizon||30 Days Login to change|
PIMCO Sel Market Sensitivity
|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.One Month Beta |Analyze PIMCO Sel Eurodoll Demand TrendCheck current 30 days PIMCO Sel correlation with market (DOW)|
β = -0.0176
PIMCO Sel Eurodoll Technical Analysis
PIMCO Sel Projected Return Density Against MarketAssuming 30 trading days horizon, PIMCO Sel Eurodoll Hi Qual InstJPYHdgAcc has beta of -0.0176 suggesting as returns on benchmark increase, returns on holding PIMCO Sel are expected to decrease at a much smaller rate. During bear market, however, PIMCO Sel Eurodoll Hi Qual InstJPYHdgAcc is likely to outperform the market. Additionally, PIMCO Sel Eurodoll Hi Qual InstJPYHdgAcc 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
PIMCO Sel Return VolatilityPIMCO Sel Eurodoll Hi Qual InstJPYHdgAcc accepts 0.4513% volatility on return distribution over the 30 days horizon. DOW inherits 1.0479% risk (volatility on return distribution) over the 30 days horizon.