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

    IE00BWX5WN20 -- Ireland Fund  

    EUR 9.49  0.02  0.21%

    PIMCO GlS probability of target price tool provides mechanism to make assumptions about upside and downside potential of PIMCO GlS TRENDS Mgd Futrs Str E HdgInc performance during a given time horizon utilizing its historical volatility. Please specify PIMCO GlS time horizon, a valid symbol (red box) and a target price (blue box) you would like PIMCO GlS odds to be computed. Please also check Risk vs Return Analysis.
    Horizon     30 Days    Login   to change
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    PIMCO GlS Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     9.49 30 days 9.49  ABOUT 23.01%
    Based on normal probability distribution, the odds of PIMCO GlS to move above current price in 30 days from now is about 23.01% (This PIMCO GlS TRENDS Mgd Futrs Str E HdgInc probability density function shows the probability of PIMCO GlS Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, PIMCO GlS TRENDS Mgd Futrs Str E HdgInc has beta of -0.2094 . This indicates as returns on benchmark increase, returns on holding PIMCO GlS are expected to decrease at a much smaller rate. During bear market, however, PIMCO GlS TRENDS Mgd Futrs Str E HdgInc is likely to outperform the market. Additionally PIMCO GlS TRENDS Mgd Futrs Str E HdgInc has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     PIMCO GlS Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.12
    β
    Beta against DOW=0.21
    σ
    Overall volatility
    =4.88
    Ir
    Information ratio =0.05

    PIMCO GlS Alerts

    PIMCO GlS Alerts and Suggestions

    PIMCO GlS TRENDS is not yet fully synchronised with the market data
    The fund retains about 25.51% of its assets under management (AUM) in cash
    Please also check Risk vs Return Analysis. Please also try Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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