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

    IE00BDCR0092 -- Ireland Fund  

    EUR 10.11  0.02  0.20%

    PIMCO GIS probability of target price tool provides mechanism to make assumptions about upside and downside potential of PIMCO GIS US Short Term Inst EUR H 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
     10.11 30 days 10.11  ABOUT 30.01%
    Based on normal probability distribution, the odds of PIMCO GIS to move above current price in 30 days from now is about 30.01% (This PIMCO GIS US Short Term Inst EUR H 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 US Short Term Inst EUR H Acc has beta of -0.0155 . 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 US Short Term Inst EUR H Acc 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 GIS US is significantly underperforming DOW.
     PIMCO GIS Price Density 
          Price 
    α
    Alpha over DOW
    =0.01
    β
    Beta against DOW=0.02
    σ
    Overall volatility
    =4.45
    Ir
    Information ratio =0.83

    PIMCO GIS Alerts

    PIMCO GIS Alerts and Suggestions

    PIMCO GIS US is not yet fully synchronised with the market data
    The fund retains about 45.38% 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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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