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

    F00000V31Y -- Ireland Fund  

    SGD 10.28  0.08  0.77%

    PIMCO GIS probability of target price tool provides mechanism to make assumptions about upside and downside potential of PIMCO GIS Income Instl Inc SGD H 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
     10.28 30 days 10.28  CLOSE TO 99%
    Based on normal probability distribution, the odds of PIMCO GIS to move above current price in 30 days from now is close to 99% (This PIMCO GIS Income Instl Inc SGD H 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 Income Instl Inc SGD H has beta of -0.0038 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 Income Instl Inc SGD H is likely to outperform the market. Additionally PIMCO GIS Income Instl Inc SGD H 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
    =0.05
    β
    Beta against DOW=0.0038
    σ
    Overall volatility
    =0.038662
    Ir
    Information ratio =0.42

    PIMCO GIS Alerts

    PIMCO GIS Alerts and Suggestions

    PIMCO GIS Income is not yet fully synchronised with the market data
    PIMCO GIS Income generates negative expected return over the last 30 days
    The fund retains about 12.07% of its assets under management (AUM) in cash

    Price Density Drivers

    PIMCO GIS Health Indicators

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