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

PIMCO GIS probability of target price tool provides mechanism to make assumptions about upside and downside potential of PIMCO GIS Global Bd ex US Instl 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. Please also check Risk vs Return Analysis.

Current Price	Horizon	Target Price	Odds to move above current price in 30 days
15.88	30 days	15.88	ABOUT 19.58%

Assuming 30 trading days horizon, PIMCO GIS Global Bd ex US Instl has beta of -0.0415 . This indicates 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 Global Bd ex US Instl is likely to outperform the market. Additionally The company has an alpha of 0.0088 implying that it can potentially generate 0.0088% excess return over DOW after adjusting for the inherited market risk (beta).

PIMCO GIS Price Density

α	Alpha over DOW	=	0.008845	Details
β	Beta against DOW	=	0.04	Details
σ	Overall volatility	=	7.98	Details
Ir	Information ratio	=	0.39	Details