PIMCO GIS (Ireland) Risk Analysis And Volatility Evaluation

IE00B50W2933 -- Ireland Fund  

GBp 1,356  2.00  0.15%

We consider PIMCO GIS unknown risk. PIMCO GIS Glbl maintains Sharpe Ratio (i.e. Efficiency) of 0.2088 which implies PIMCO GIS Glbl had 0.2088% of return per unit of volatility over the last 1 month. Our approach towards forecasting volatility of a fund is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for PIMCO GIS Glbl which you can use to evaluate future volatility of the fund. Please check PIMCO GIS Glbl Risk Adjusted Performance of 0.07 to confirm if risk estimate we provide are consistent with the epected return of 0.0444%.
 Time 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 Trend
Check current 30 days PIMCO GIS correlation with market (DOW)
β = -0.1235
PIMCO GIS Almost negative betaPIMCO GIS Glbl Beta Legend

PIMCO GIS Glbl Technical Analysis

Transformation
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.

Projected Return Density Against Market

Assuming 30 trading days horizon, PIMCO GIS Glbl Real Ret E Inc GBP H has beta of -0.1235 . 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 Glbl Real Ret E Inc GBP H is likely to outperform the market. Additionally, PIMCO GIS Glbl Real Ret E Inc GBP 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 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of PIMCO GIS is 478.94. The daily returns are destributed with a variance of 0.05 and standard deviation of 0.21. The mean deviation of PIMCO GIS Glbl Real Ret E Inc GBP H is currently at 0.14. For similar time horizon, the selected benchmark (DOW) has volatility of 0.48
α
Alpha over DOW
=0.03
β
Beta against DOW=0.12
σ
Overall volatility
=0.21
Ir
Information ratio =0.52

Actual Return Volatility

PIMCO GIS Glbl Real Ret E Inc GBP H accepts 0.2127% volatility on return distribution over the 30 days horizon. DOW inherits 0.5701% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

PIMCO GIS Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Unaffected

Investment Outlook

PIMCO GIS Investment Opportunity
DOW has a standard deviation of returns of 0.57 and is 2.71 times more volatile than PIMCO GIS Glbl Real Ret E Inc GBP H. 1% 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 Glbl Real Ret E Inc GBP H is lower than 1 (%) of all global equities and portfolios over the last 30 days. Use PIMCO GIS Glbl Real Ret E Inc GBP H to protect against small markets fluctuations. The fund experiences normal downward trend and little activity. Check odds of PIMCO GIS to be traded at p;1342.44 in 30 days. 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.

PIMCO GIS correlation with market

Very good diversification
Overlapping area represents the amount of risk that can be diversified away by holding PIMCO GIS Glbl Real Ret E Inc and equity matching DJI index in the same portfolio.
Please also check Risk vs Return Analysis. Please also try Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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