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

    IE00BQQ1J900 -- Ireland Fund  

    EUR 9.40  0.12  1.26%

    PIMCO GIS probability of target price tool provides mechanism to make assumptions about upside and downside potential of PIMCO GIS Strategic T EUR H 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
     9.40 30 days 9.40  ABOUT 27.03%
    Based on normal probability distribution, the odds of PIMCO GIS to move above current price in 30 days from now is about 27.03% (This PIMCO GIS Strategic T EUR H 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 Strategic T EUR H has beta of -0.028 . 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 Strategic T EUR H 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 Strategic is significantly underperforming DOW.
     PIMCO GIS Price Density 
    Alpha over DOW
    Beta against DOW=0.03
    Overall volatility
    Information ratio =0.14

    PIMCO GIS Alerts and Suggestions

    PIMCO GIS Strategic is not yet fully synchronised with the market data
    The fund retains about 7.68% of its assets under management (AUM) in cash

    PIMCO GISPrice Density Drivers

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