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

    IE00B82D7H88 -- Ireland Fund  

    GBp 1,176  0.00  0.00%

    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
     1,176 30 days 1,176  ABOUT 10.62%
    Based on normal probability distribution, the odds of PIMCO GIS to move above current price in 30 days from now is about 10.62% (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 Glbl Multi Asset Inst HdgAcc has beta of -0.0214 . 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 Multi Asset Inst HdgAcc is likely to outperform the market. Additionally PIMCO GIS Glbl Multi Asset Inst HdgAcc has an alpha of 0.011 implying that it can potentially generate 0.011% excess return over DOW after adjusting for the inherited market risk (beta).
     PIMCO GIS Price Density 
          Price 
    α
    Alpha over DOW
    =0.011029
    β
    Beta against DOW=0.02
    σ
    Overall volatility
    =592.32
    Ir
    Information ratio =1.03

    PIMCO GIS Alerts

    PIMCO GIS Alerts and Suggestions

    PIMCO GIS Glbl is not yet fully synchronised with the market data
    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

    Price Density Drivers

    PIMCO GIS Health Indicators

    Please also check Risk vs Return Analysis. Please also try Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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