|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 Global Demand TrendCheck current 30 days PIMCO GIS correlation with market (DOW)|
β = -0.0103
PIMCO GIS Global Technical Analysis
PIMCO GIS Projected Return Density Against MarketAssuming 30 trading days horizon, PIMCO GIS Global Hi Yld Bd E USD has beta of -0.0103 . This indicates 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 Global Hi Yld Bd E USD is likely to outperform the market. Additionally, PIMCO GIS Global Hi Yld Bd E USD 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 Global Hi Yld Bd E USD accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.0373% risk (volatility on return distribution) over the 30 days horizon.