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

    F00000TQP0 -- Ireland Fund  

    JPY 986.00  4.00  0.40%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     986.00 30 days 986.00  ABOUT 28.48%
    Based on normal probability distribution, the odds of PIMCO Sel to move above current price in 30 days from now is about 28.48% (This PIMCO Sel Eurodoll Hi Qual InstJPYHdgAcc probability density function shows the probability of PIMCO Sel Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, PIMCO Sel has beta of 0.0099 suggesting as returns on market go up, PIMCO Sel average returns are expected to increase less than the benchmark. However during bear market, the loss on holding PIMCO Sel Eurodoll Hi Qual InstJPYHdgAcc will be expected to be much smaller as well. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. PIMCO Sel Eurodoll is significantly underperforming DOW.
     PIMCO Sel Price Density 
    Alpha over DOW
    Beta against DOW=0.0099
    Overall volatility
    Information ratio =0.33

    PIMCO Sel Alerts and Suggestions

    PIMCO Sel Eurodoll is not yet fully synchronised with the market data
    PIMCO Sel Eurodoll generates negative expected return over the last 30 days
    The fund retains about 33.96% of its assets under management (AUM) in cash
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