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 
          Price 
    α
    Alpha over DOW
    =0.08
    β
    Beta against DOW=0.03
    σ
    Overall volatility
    =4.94
    Ir
    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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