The fund holds Beta of 0.0 which implies the returns on MARKET and PIMCO GIS are completely uncorrelated. Although it is extremely important to respect PIMCO GIS Income 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 Income technical indicators you can now evaluate if the expected return of 0.0% will be sustainable into the future.
|Horizon||30 Days Login to change|
PIMCO GIS Income Relative Risk vs. Return LandscapeIf you would invest 0.00 in PIMCO GIS Income Instl Inc EUR H on January 22, 2019 and sell it today you would earn a total of 0.00 from holding PIMCO GIS Income Instl Inc EUR H or generate 0.0% return on investment over 30 days. PIMCO GIS Income Instl Inc EUR H is generating negative expected returns and assumes 0.0% volatility on return distribution over the 30 days horizon. Simply put, 0% of equities are less volatile than PIMCO GIS and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
PIMCO GIS Market Risk Analysis
Sharpe Ratio = 0.0
Risk-Adjusted Fund PerformanceOver the last 30 days PIMCO GIS Income Instl Inc EUR H has generated negative risk-adjusted returns adding no value to fund investors.