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

    IE00B0V9TH54 -- Ireland Fund  

    USD 15.92  0.03  0.19%

    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.
    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
     15.92 30 days 15.92  NEAR 1%
    Based on normal probability distribution, the odds of PIMCO GIS to move above current price in 30 days from now is near 1% (This PIMCO GIS Global Bd ex US Instl 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 Global Bd ex US Instl has beta of -0.0069 . 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 PIMCO GIS Global Bd ex US Instl 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
    =0.006
    β
    Beta against DOW=0.0069
    σ
    Overall volatility
    =4.69
    Ir
    Information ratio =12.95

    PIMCO GIS Alerts

    PIMCO GIS Alerts and Suggestions

    The fund retains about 15.98% of its assets under management (AUM) in cash
    Please also check Risk vs Return Analysis. Please also try Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. drill down to check world indexes.
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