PIMCO Select (Ireland) Probability of Target Price Finishing Over

    IE00B92R0348 -- Ireland Fund  

    EUR 9.84  0.01  0.10%

    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.
     Time 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
     9.84 30 days 9.84  ABOUT 26.11%
    Based on normal probability distribution, the odds of PIMCO Select to move above current price in 30 days from now is about 26.11% (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 has beta of 0.0221 . This indicates as returns on market go up, PIMCO Select average returns are expected to increase less than the benchmark. However during bear market, the loss on holding PIMCO Select Uncons Bd Instl Hdg will be expected to be much smaller as well. Additionally PIMCO Select Uncons Bd Instl Hdg has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     PIMCO Select Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.11
    β
    Beta against DOW=0.0221
    σ
    Overall volatility
    =5.10
    Ir
    Information ratio =0.8

    PIMCO Select Alerts

    PIMCO Select Alerts and Suggestions
    PIMCO Select Uncons generates negative expected return over the last 30 days
    The fund generated three year return of -3.0%
    PIMCO Select Uncons Bd Instl Hdg retains about 45.19% of its assets under management (AUM) in cash
    Please also check Risk vs Return Analysis. Please also try Cryptocurrency Correlation module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins and exchanges.