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

    F00000NP3J -- Ireland Fund  

    GBp 889.00  20.00  2.20%

    PIMCO GIS probability of target price tool provides mechanism to make assumptions about upside and downside potential of PIMCO GIS Glbl AdvRlRetIntl GBPPtlyH performance during a given time horizon utilizing its historical volatility. Please specify PIMCO GIS time horizon, a valid symbol (red box) and a target price (blue box) you would like PIMCO GIS odds to be computed. Additionally see Investing Opportunities.
    Horizon     30 Days    Login   to change
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    PIMCO GIS Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     889.00 30 days 889.00  ABOUT 11.37%
    Based on normal probability distribution, the odds of PIMCO GIS to move above current price in 30 days from now is about 11.37% (This PIMCO GIS Glbl AdvRlRetIntl GBPPtlyH probability density function shows the probability of PIMCO GIS Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, PIMCO GIS Glbl AdvRlRetIntl GBPPtlyH has beta of -0.005 suggesting 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 Glbl AdvRlRetIntl GBPPtlyH is likely to outperform the market. Additionally PIMCO GIS Glbl AdvRlRetIntl GBPPtlyH has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     PIMCO GIS Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.02
    β
    Beta against DOW=0.005
    σ
    Overall volatility
    =454.25
    Ir
    Information ratio =2.47

    PIMCO GIS Alerts

    PIMCO GIS Alerts and Suggestions

    PIMCO GIS Glbl is not yet fully synchronised with the market data
    PIMCO GIS Glbl generates negative expected return over the last 30 days
    The fund retains about 19.2% of its assets under management (AUM) in cash
    Additionally see Investing Opportunities. Please also try Instant Ratings module to determine any equity ratings based on digital recommendations. macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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