|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.One Month Beta |Analyze PIMCO GIS Glbl Demand TrendCheck current 30 days PIMCO GIS correlation with market (DOW)|
β = -0.0478
PIMCO GIS Glbl Technical Analysis
PIMCO GIS Projected Return Density Against MarketAssuming 30 trading days horizon, PIMCO GIS Glbl Real Ret E Acc EUR H has beta of -0.0478 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
PIMCO GIS Return VolatilityPIMCO GIS Glbl Real Ret E Acc EUR H accepts 1.1467% volatility on return distribution over the 30 days horizon. DOW inherits 1.0479% risk (volatility on return distribution) over the 30 days horizon.