PIMCO Select (Ireland) Probability of Target Price Finishing Over Current Price

    F00000MFAK -- Ireland Fund  

    GBp 1,426  2.00  0.14%

    PIMCO Select probability of target price tool provides mechanism to make assumptions about upside and downside potential of PIMCO Select UK Income Bond Inst Acc performance during a given time horizon utilizing its historical volatility. Please specify PIMCO Select time horizon, a valid symbol (red box) and a target price (blue box) you would like PIMCO Select odds to be computed. Additionally see Investing Opportunities.
    Horizon     30 Days    Login   to change
    Symbol:
    Refresh Odds

    PIMCO Select Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     1,426 30 days 1,426  ABOUT 22.38%
    Based on normal probability distribution, the odds of PIMCO Select to move above current price in 30 days from now is about 22.38% (This PIMCO Select UK Income Bond Inst Acc probability density function shows the probability of PIMCO Select Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, PIMCO Select has beta of 0.0399 suggesting as returns on market go up, PIMCO Select average returns are expected to increase less than the benchmark. However during bear market, the loss on holding PIMCO Select UK Income Bond Inst Acc will be expected to be much smaller as well. Additionally PIMCO Select UK Income Bond Inst Acc has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     PIMCO Select Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.0004
    β
    Beta against DOW=0.0399
    σ
    Overall volatility
    =722.08
    Ir
    Information ratio =1.75

    PIMCO Select Alerts

    PIMCO Select Alerts and Suggestions

    PIMCO Select UK generates negative expected return over the last 30 days
    The fund retains about 9.24% of its assets under management (AUM) in cash
    Additionally see Investing Opportunities. Please also try Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
    Search macroaxis.com