|Horizon||30 Days Login to change|
PIMCO Foreign Market Sensitivity
|As returns on market increase, PIMCO Foreign returns are expected to increase less than the market. However during bear market, the loss on holding PIMCO Foreign will be expected to be smaller as well.One Month Beta |Analyze PIMCO Foreign Bond Demand TrendCheck current 30 days PIMCO Foreign correlation with market (DOW)|
β = 0.3406
PIMCO Foreign Bond Technical Analysis
PIMCO Foreign Projected Return Density Against MarketAssuming 30 trading days horizon, PIMCO Foreign has beta of 0.3406 . This implies as returns on market go up, PIMCO Foreign average returns are expected to increase less than the benchmark. However during bear market, the loss on holding PIMCO Foreign Bond A will be expected to be much smaller as well. Additionally, PIMCO Foreign Bond A 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 Foreign Return VolatilityPIMCO Foreign Bond A shows 0.3102% volatility of returns over 30 trading days. DOW inherits 0.4541% risk (volatility on return distribution) over the 30 days horizon.