Macroaxis considers PIMCO GIS to be unknown risk. PIMCO GIS Diversified maintains Sharpe Ratio (i.e. Efficiency) of -0.134 which implies PIMCO GIS Diversified had -0.134% of return per unit of volatility over the last 2 months. 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 GIS Diversified exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check PIMCO GIS Diversified to confirm risk estimate we provide.
|Horizon||30 Days Login to change|
PIMCO GIS Diversified Technical Analysis
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PIMCO GIS Projected Return Density Against MarketAssuming 30 trading days horizon, PIMCO GIS has beta of 0.0 . This indicates unless we do not have required data, the returns on DOW and PIMCO GIS are completely uncorrelated. Furthermore, PIMCO GIS Diversified Inc InstIt does not look like PIMCO GIS alpha can have any bearing on the equity current valuation.
Predicted Return Density
Assuming 30 trading days horizon, the coefficient of variation of PIMCO GIS is -746.31. The daily returns are destributed with a variance of 0.15 and standard deviation of 0.39. The mean deviation of PIMCO GIS Diversified Inc Inst is currently at 0.26. For similar time horizon, the selected benchmark (DOW) has volatility of 1.29
|Alpha over DOW||=||0.00|
|Beta against DOW||=||0.00|
PIMCO GIS Return VolatilityPIMCO GIS Diversified Inc Inst accepts 0.3854% volatility on return distribution over the 30 days horizon. DOW inherits 1.2919% risk (volatility on return distribution) over the 30 days horizon.
DOW has a standard deviation of returns of 1.29 and is 3.31 times more volatile than PIMCO GIS Diversified Inc Inst. 3% 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 Diversified Inc Inst is lower than 3 (%) of all global equities and portfolios over the last 30 days.