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

    IE00B7DY8L47 -- Ireland Fund  

    EUR 10.05  0.11  1.11%

    PIMCO GIS probability of target price tool provides mechanism to make assumptions about upside and downside potential of PIMCO GIS Unconstrained Bd R EUR Hdg 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. 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
     10.05 30 days 10.05  ABOUT 23.27%
    Based on normal probability distribution, the odds of PIMCO GIS to move above current price in 30 days from now is about 23.27% (This PIMCO GIS Unconstrained Bd R EUR Hdg 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 Unconstrained Bd R EUR Hdg Acc has beta of -0.1946 . 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 Unconstrained Bd R EUR Hdg Acc is likely to outperform the market. Additionally The company has an alpha of 0.0368 implying that it can potentially generate 0.0368% excess return over DOW after adjusting for the inherited market risk (beta).
     PIMCO GIS Price Density 
    Alpha over DOW
    Beta against DOW=0.19
    Overall volatility
    Information ratio =0.25

    PIMCO GIS Alerts and Suggestions

    PIMCO GIS is not yet fully synchronised with the market data
    PIMCO GIS generates negative expected return over the last 30 days
    PIMCO GIS Unconstrained has annual holdings turnover of about 148.0% suggesting active trading
    This fund retains roughly 53.36% of its assets under management (AUM) in cash

    PIMCO GISPrice Density Drivers

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