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

    FOGBR05KHR -- Ireland Fund  

    USD 5.92  0.00  0.00%

    PIMCO GIS probability of target price tool provides mechanism to make assumptions about upside and downside potential of PIMCO GIS Commodity Real Ret Int USD Acc 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
     5.92 30 days 5.92  ABOUT 38.29%
    Based on normal probability distribution, the odds of PIMCO GIS to move above current price in 30 days from now is about 38.29% (This PIMCO GIS Commodity Real Ret Int USD Acc 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 Commodity Real Ret Int USD Acc has beta of -0.0127 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 Commodity Real Ret Int USD Acc is likely to outperform the market. Additionally The company has an alpha of 0.0724 implying that it can potentially generate 0.0724% excess return over DOW after adjusting for the inherited market risk (beta).
     PIMCO GIS Price Density 
          Price 
    α
    Alpha over DOW
    =0.07
    β
    Beta against DOW=0.01
    σ
    Overall volatility
    =2.63
    Ir
    Information ratio =0.25

    PIMCO GIS Alerts

    PIMCO GIS Alerts and Suggestions

    PIMCO GIS Commodity is not yet fully synchronised with the market data
    The fund retains about 9.27% of its assets under management (AUM) in cash

    Price Density Drivers

    PIMCO GIS Health Indicators

    Additionally see Investing Opportunities. Please also try Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.
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