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

    F00000V31X -- Ireland Fund  

    EUR 9.25  0.04  0.43%

    PIMCO GIS probability of target price tool provides mechanism to make assumptions about upside and downside potential of PIMCO GIS Glbl Low Dur Rl RetI 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
     9.25 30 days 9.25  OVER 95.91%
    Based on normal probability distribution, the odds of PIMCO GIS to move above current price in 30 days from now is over 95.91% (This PIMCO GIS Glbl Low Dur Rl RetI 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 has beta of 0.0498 suggesting as returns on market go up, PIMCO GIS average returns are expected to increase less than the benchmark. However during bear market, the loss on holding PIMCO GIS Glbl Low Dur Rl RetI will be expected to be much smaller as well. Additionally PIMCO GIS Glbl Low Dur Rl RetI 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
    =0.28
    β
    Beta against DOW=0.0498
    σ
    Overall volatility
    =0.06
    Ir
    Information ratio =0.25

    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 27.77% of its assets under management (AUM) in cash
    Additionally see Investing Opportunities. Please also try Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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