PIMCO GlS (Ireland) Risk Analysis And Volatility Evaluation

F00000VST2 -- Ireland Fund  

USD 9.87  0.02  0.20%

Macroaxis considers PIMCO GlS to be unknown risk. PIMCO GlS TRENDS maintains Sharpe Ratio (i.e. Efficiency) of -0.5774 which implies PIMCO GlS TRENDS had -0.5774% 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 GlS TRENDS exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check PIMCO GlS TRENDS Risk Adjusted Performance of 0.1392 to confirm risk estimate we provide.
 Time Horizon     30 Days    Login   to change

PIMCO GlS Market Sensitivity

As returns on market increase, PIMCO GlS returns are expected to increase less than the market. However during bear market, the loss on holding PIMCO GlS will be expected to be smaller as well.
One Month Beta |Analyze PIMCO GlS TRENDS Demand Trend
Check current 30 days PIMCO GlS correlation with market (DOW)
β = 0.043
PIMCO GlS Small BetaPIMCO GlS TRENDS Beta Legend

PIMCO GlS TRENDS Technical Analysis

Transformation
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.

Projected Return Density Against Market

Assuming 30 trading days horizon, PIMCO GlS has beta of 0.043 suggesting as returns on market go up, PIMCO GlS average returns are expected to increase less than the benchmark. However during bear market, the loss on holding PIMCO GlS TRENDS Mgd Futrs Str E Acc will be expected to be much smaller as well. Moreover, PIMCO GlS TRENDS Mgd Futrs Str E Acc has an alpha of 0.0402 implying that it can potentially generate 0.0402% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of PIMCO GlS is -173.21. The daily returns are destributed with a variance of 0.17 and standard deviation of 0.41. The mean deviation of PIMCO GlS TRENDS Mgd Futrs Str E Acc is currently at 0.31. For similar time horizon, the selected benchmark (DOW) has volatility of 0.46
α
Alpha over DOW
=0.0402
β
Beta against DOW=0.043
σ
Overall volatility
=0.41
Ir
Information ratio =0.29

Actual Return Volatility

PIMCO GlS TRENDS Mgd Futrs Str E Acc accepts 0.4066% volatility on return distribution over the 30 days horizon. DOW inherits 0.4314% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

PIMCO GlS Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Unaffected

Investment Outlook

PIMCO GlS Investment Opportunity
DOW has a standard deviation of returns of 0.43 and is 1.05 times more volatile than PIMCO GlS TRENDS Mgd Futrs Str E Acc. 3% of all equities and portfolios are less risky than PIMCO GlS. Compared to the overall equity markets, volatility of historical daily returns of PIMCO GlS TRENDS Mgd Futrs Str E Acc is lower than 3 (%) of all global equities and portfolios over the last 30 days. Use PIMCO GlS TRENDS Mgd Futrs Str E Acc to protect against small markets fluctuations. The fund experiences normal downward trend and little activity. Check odds of PIMCO GlS to be traded at $9.77 in 30 days. As returns on market increase, PIMCO GlS returns are expected to increase less than the market. However during bear market, the loss on holding PIMCO GlS will be expected to be smaller as well.

PIMCO GlS correlation with market

Average diversification
Overlapping area represents the amount of risk that can be diversified away by holding PIMCO GlS TRENDS Mgd Futrs Str and equity matching DJI index in the same portfolio.

Volatility Indicators

PIMCO GlS Current Risk Indicators
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