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 has beta of 0.0999 . This indicates as returns on market go up, PIMCO GlS average returns are expected to increase less than the benchmark. However during bear market, the loss on holding PIMCO GlS TRENDS Mgd Futrs Str E HdgInc will be expected to be much smaller as well. 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 
          Price 
    α
    Alpha over DOW
    =0.1
    β
    Beta against DOW=0.1
    σ
    Overall volatility
    =4.88
    Ir
    Information ratio =0.004788

    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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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