PIMCO GIS (Ireland) Probability of Target Price Finishing Over

    IE00B3K7XK29 -- Ireland Fund  

    USD 17.15  0.01  0.06%

    PIMCO GIS probability of target price tool provides mechanism to make assumptions about upside and downside potential of PIMCO GIS Glbl Inv Grd Crdt E Acc USD 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.
     Time 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
     17.15 30 days 17.15  ABOUT 19.22%
    Based on normal probability distribution, the odds of PIMCO GIS to move above current price in 30 days from now is about 19.22% (This PIMCO GIS Glbl Inv Grd Crdt E Acc USD 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 Glbl Inv Grd Crdt E Acc USD has beta of -0.0104 . 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 Glbl Inv Grd Crdt E Acc USD is likely to outperform the market. Additionally PIMCO GIS Glbl Inv Grd Crdt E Acc USD 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=0.01
    σ
    Overall volatility
    =8.77
    Ir
    Information ratio =0.96

    PIMCO GIS Alerts

    PIMCO GIS Alerts and Suggestions
    PIMCO GIS Glbl generates negative expected return over the last 30 days
    The fund retains about 28.56% of its assets under management (AUM) in cash
    Please also check Risk vs Return Analysis. Please also try Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .