PIMCO GIS (Ireland) Risk Analysis And Volatility Evaluation

IE00B28D5Z40 -- Ireland Fund  

EUR 9.79  0.02  0.20%

Macroaxis considers PIMCO GIS to be not very risky. PIMCO GIS Diversified maintains Sharpe Ratio (i.e. Efficiency) of -0.0194 which implies PIMCO GIS Diversified had -0.0194% 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 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.
 Time Horizon     30 Days    Login   to change

PIMCO GIS Diversified Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of seventeen. PIMCO GIS Diversified Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input. View also all equity analysis or get more info about average price price transform indicator.

Projected Return Density Against Market

Assuming 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 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of PIMCO GIS is -5144.68. The daily returns are destributed with a variance of 0.96 and standard deviation of 0.98. The mean deviation of PIMCO GIS Diversified Inc Inst is currently at 0.51. For similar time horizon, the selected benchmark (DOW) has volatility of 0.46
α
Alpha over DOW
=0.00
β
Beta against DOW=0.00
σ
Overall volatility
=0.98
Ir
Information ratio =0.00

Actual Return Volatility

PIMCO GIS Diversified Inc Inst accepts 0.9803% volatility on return distribution over the 30 days horizon. DOW inherits 0.5115% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

PIMCO GIS Volatility Factors

30 Days Market Risk

Not very risky

Chance of Distress in 24 months

Almost imposible

30 Days Economic Sensitivity

Market Insensitive

Investment Outlook

PIMCO GIS Investment Opportunity
PIMCO GIS Diversified Inc Inst has a volatility of 0.98 and is 1.92 times more volatile than DOW. 8% 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 8 (%) of all global equities and portfolios over the last 30 days.

PIMCO GIS Current Risk Indicators

Please also check Risk vs Return Analysis. Please also try Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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