|IE00B3K7XK29 -- Ireland Fund|| |
USD 17.17 0.03 0.17%
The fund holds Beta of -0.0488 which implies 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.. Although it is extremely important to respect PIMCO GIS Glbl
current trending patterns, it is better to be realistic regarding the information on equity existing price patterns
. The approach towards forecasting future performance of any fund is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators
. By inspecting PIMCO GIS Glbl technical indicators
you can now evaluate if the expected return of 0.0% will be sustainable into the future.