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

    IE00B92R0348 -- Ireland Fund  

    EUR 9.80  0.04  0.41%

    PIMCO Select probability of target price tool provides mechanism to make assumptions about upside and downside potential of PIMCO Select Uncons Bd Instl Hdg performance during a given time horizon utilizing its historical volatility. Please specify PIMCO Select time horizon, a valid symbol (red box) and a target price (blue box) you would like PIMCO Select odds to be computed. Please also check Risk vs Return Analysis.
    Horizon     30 Days    Login   to change
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    PIMCO Select Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     9.80 30 days 9.80  ABOUT 26.99%
    Based on normal probability distribution, the odds of PIMCO Select to move above current price in 30 days from now is about 26.99% (This PIMCO Select Uncons Bd Instl Hdg probability density function shows the probability of PIMCO Select Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, PIMCO Select Uncons Bd Instl Hdg has beta of -0.0044 . This indicates as returns on benchmark increase, returns on holding PIMCO Select are expected to decrease at a much smaller rate. During bear market, however, PIMCO Select Uncons Bd Instl Hdg is likely to outperform the market. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. PIMCO Select Uncons is significantly underperforming DOW.
     PIMCO Select Price Density 
    Alpha over DOW
    Beta against DOW=0.0044
    Overall volatility
    Information ratio =0.44

    PIMCO Select Alerts

    PIMCO Select Alerts and Suggestions

    PIMCO Select Uncons is not yet fully synchronised with the market data
    The fund generated three year return of -3.0%
    PIMCO Select Uncons retains about 45.19% of its assets under management (AUM) in cash
    Please also check Risk vs Return Analysis. Please also try Premium Stories module to follow macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
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