PIMCO GIS (Ireland) Probability of Target Price Finishing Over

    IE00BJZ2WJ62 -- Ireland Fund  

    EUR 11.20  0.00  0.00%

    PIMCO GIS probability of target price tool provides mechanism to make assumptions about upside and downside potential of PIMCO GIS Euro Bond G Inst 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.
     Time 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
     11.20 30 days 11.20  ABOUT 18.61%
    Based on normal probability distribution, the odds of PIMCO GIS to move above current price in 30 days from now is about 18.61% (This PIMCO GIS Euro Bond G Inst 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 0.0 . This indicates unless we do not have required data, the returns on DOW and PIMCO GIS are completely uncorrelated. Additionally PIMCO GIS Euro Bond G InstIt does not look like PIMCO GIS alpha can have any bearing on the equity current valuation.
     PIMCO GIS Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.00
    β
    Beta against DOW=0.00
    σ
    Overall volatility
    =5.69
    Ir
    Information ratio =0.00

    PIMCO GIS Alerts

    PIMCO GIS Alerts and Suggestions
    The fund retains about 16.55% of its assets under management (AUM) in cash
    Please also check Risk vs Return Analysis. Please also try Chance of Distress module to get analysis of equity chance of financial distress in the next 2 years.