PIMCO GIS (Ireland) Risk Analysis And Volatility Evaluation

IE00BYXVW784 -- Ireland Fund  

SGD 10.14  0.05  0.50%

Macroaxis considers PIMCO GIS to be unknown risk. PIMCO GIS Capital maintains Sharpe Ratio (i.e. Efficiency) of -0.8438 which implies PIMCO GIS Capital had -0.8438% of return per unit of volatility over the last 1 month. Macroaxis approach towards forecasting risk of any fund is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. PIMCO GIS Capital exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check PIMCO GIS Capital Risk Adjusted Performance of 0.32 to confirm risk estimate we provide.
 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 Capital Demand Trend
Check current 30 days PIMCO GIS correlation with market (DOW)
β = -0.0135
PIMCO GIS Almost negative betaPIMCO GIS Capital Beta Legend

PIMCO GIS Capital 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 Capital Secs Inst SGD H Inc II has beta of -0.0135 . 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 Capital Secs Inst SGD H Inc II is likely to outperform the market. Additionally, PIMCO GIS Capital Secs Inst SGD H Inc II 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 -118.51. The daily returns are destributed with a variance of 0.12 and standard deviation of 0.35. The mean deviation of PIMCO GIS Capital Secs Inst SGD H Inc II is currently at 0.29. For similar time horizon, the selected benchmark (DOW) has volatility of 0.46
α
Alpha over DOW
=0.14
β
Beta against DOW=0.01
σ
Overall volatility
=0.35
Ir
Information ratio =1.28

Actual Return Volatility

PIMCO GIS Capital Secs Inst SGD H Inc II accepts 0.3492% volatility on return distribution over the 30 days horizon. DOW inherits 0.5115% 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 0.51 and is 1.46 times more volatile than PIMCO GIS Capital Secs Inst SGD H Inc II. 3% 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 Capital Secs Inst SGD H Inc II is lower than 3 (%) of all global equities and portfolios over the last 30 days. Use PIMCO GIS Capital Secs Inst SGD H Inc II to enhance returns of your portfolios. The fund experiences normal upward fluctuation. Check odds of PIMCO GIS to be traded at S$10.65 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

Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding PIMCO GIS Capital Secs Inst SG and equity matching DJI index in the same portfolio.
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