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

    F0GBR06T70 -- Ireland Fund  

    EUR 18.50  0.16  0.86%

    PIMCO GIS probability of target price tool provides mechanism to make assumptions about upside and downside potential of PIMCO GIS Total Ret Bd E EUR Hdg 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
     18.50 30 days 18.50  ABOUT 12.97%
    Based on normal probability distribution, the odds of PIMCO GIS to move above current price in 30 days from now is about 12.97% (This PIMCO GIS Total Ret Bd E EUR Hdg 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 Total Ret Bd E EUR Hdg has beta of -0.0416 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 Total Ret Bd E EUR Hdg is likely to outperform the market. Additionally PIMCO GIS Total Ret Bd E EUR Hdg 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
    =0.03
    β
    Beta against DOW=0.04
    σ
    Overall volatility
    =9.53
    Ir
    Information ratio =0.47

    PIMCO GIS Alerts

    PIMCO GIS Alerts and Suggestions

    PIMCO GIS Total is not yet fully synchronised with the market data
    PIMCO GIS Total generates negative expected return over the last 30 days
    The fund retains about 40.91% of its assets under management (AUM) in cash
    Additionally see Investing Opportunities. Please also try Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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