|Horizon||30 Days Login to change|
PIMCO GlS Market Sensitivity
|As returns on market increase, PIMCO GlS returns are expected to increase less than the market. However during bear market, the loss on holding PIMCO GlS will be expected to be smaller as well.One Month Beta |Analyze PIMCO GlS TRENDS Demand TrendCheck current 30 days PIMCO GlS correlation with market (DOW)|
β = 0.146
PIMCO GlS TRENDS Technical Analysis
PIMCO GlS Projected Return Density Against MarketAssuming 30 trading days horizon, PIMCO GlS has beta of 0.146 . This indicates as returns on market go up, PIMCO GlS average returns are expected to increase less than the benchmark. However during bear market, the loss on holding PIMCO GlS TRENDS Mgd Futrs Str E HdgInc will be expected to be much smaller as well. Additionally, PIMCO GlS TRENDS Mgd Futrs Str E HdgInc 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
PIMCO GlS Return VolatilityPIMCO GlS TRENDS Mgd Futrs Str E HdgInc accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.0678% risk (volatility on return distribution) over the 30 days horizon.