Our approach towards forecasting volatility of a fund is to use all available market data together with fund specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for PIMCO GIS Glbl which you can use to evaluate future volatility of the fund. Please check PIMCO GIS Glbl Risk Adjusted Performance of
(0.15) to confirm if risk estimate we provide are consistent with the epected return of 0.0%.
|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.2 Months Beta |Analyze PIMCO GIS Glbl Demand TrendCheck current 30 days PIMCO GIS correlation with market (DOW)|
β = -0.0391
PIMCO GIS Central Daily Price Deviation
PIMCO GIS Glbl Technical Analysis
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PIMCO GIS Projected Return Density Against MarketAssuming 30 trading days horizon, PIMCO GIS Glbl Real Ret E Acc EUR H has beta of -0.0391 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 Glbl Real Ret E Acc EUR H is likely to outperform the market. Additionally, PIMCO GIS Glbl Real Ret E Acc EUR 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
|Alpha over DOW||=||0.05|
|Beta against DOW||=||0.04|
PIMCO GIS Return VolatilityPIMCO GIS Glbl Real Ret E Acc EUR H accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.3305% risk (volatility on return distribution) over the 30 days horizon.
DOW has a standard deviation of returns of 1.33 and is 9.223372036854776E16 times more volatile than PIMCO GIS Glbl Real Ret E Acc EUR 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 Glbl Real Ret E Acc EUR H is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use PIMCO GIS Glbl Real Ret E Acc EUR H to protect against small markets fluctuations. The fund experiences unexpected downward movement. The market is reacting to new fundamentals. Check odds of PIMCO GIS to be traded at 15.54 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