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

    IE00B82D7H88 -- Ireland Fund  

    GBp 1,198  2.00  0.17%

    PIMCO GIS probability of target price tool provides mechanism to make assumptions about upside and downside potential of PIMCO GIS Glbl Multi Asset Inst HdgAcc 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
     1,198 30 days 1,198  ABOUT 9.8%
    Based on normal probability distribution, the odds of PIMCO GIS to move above current price in 30 days from now is about 9.8% (This PIMCO GIS Glbl Multi Asset Inst HdgAcc 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 has beta of 0.0747 . This indicates as returns on market go up, PIMCO GIS average returns are expected to increase less than the benchmark. However during bear market, the loss on holding PIMCO GIS Glbl Multi Asset Inst HdgAcc will be expected to be much smaller as well. Additionally PIMCO GIS Glbl Multi Asset Inst HdgAcc 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
    =0.02
    β
    Beta against DOW=0.07
    σ
    Overall volatility
    =589.61
    Ir
    Information ratio =0.86

    PIMCO GIS Alerts

    PIMCO GIS Alerts and Suggestions

    The fund generated three year return of -1.0%
    PIMCO GIS Glbl Multi Asset Inst HdgAcc retains about 29.18% of its assets under management (AUM) in cash
    Please also check Risk vs Return Analysis. Please also try Money Managers module to screen money managers from public funds and etfs managed around the world.
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