|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 US Demand TrendCheck current 30 days PIMCO GIS correlation with market (DOW)|
β = -0.1125
PIMCO GIS US Technical Analysis
PIMCO GIS Projected Return Density Against MarketAssuming 30 trading days horizon, PIMCO GIS US Short Term Inst USD Acc has beta of -0.1125 . 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 US Short Term Inst USD Acc is likely to outperform the market. Moreover, PIMCO GIS US Short Term Inst USD Acc has an alpha of 0.0364 implying that it can potentially generate 0.0364% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
PIMCO GIS Return VolatilityPIMCO GIS US Short Term Inst USD Acc accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 0.3947% risk (volatility on return distribution) over the 30 days horizon.