Our approach towards forecasting volatility of a fund is to use all available market data together with fund specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for PIMCO GIS Euro which you can use to evaluate future volatility of the fund. Please check PIMCO GIS Euro Risk Adjusted Performance of
(0.012838) and Semi Deviation of 0.1913 to confirm if risk estimate we provide are consistent with the epected return of 0.0%.
|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.2 Months Beta |Analyze PIMCO GIS Euro Demand TrendCheck current 30 days PIMCO GIS correlation with market (DOW)|
β = -0.0544
PIMCO GIS Central Daily Price Deviation
PIMCO GIS Euro Technical Analysis
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PIMCO GIS Projected Return Density Against MarketAssuming 30 trading days horizon, PIMCO GIS Euro Bond G Inst has beta of -0.0544 . 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 Euro Bond G Inst is likely to outperform the market. Additionally, PIMCO GIS Euro Bond G Inst 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
|Alpha over DOW||=||0.01|
|Beta against DOW||=||0.05|
PIMCO GIS Return VolatilityPIMCO GIS Euro Bond G Inst accepts 0.0% 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 9.223372036854776E16 times more volatile than PIMCO GIS Euro Bond G Inst. 0% 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 Euro Bond G Inst is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use PIMCO GIS Euro Bond G Inst to enhance returns of your portfolios. The fund experiences normal upward fluctuation. Check odds of PIMCO GIS to be traded at 11.75 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