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

    IE00BYM11F05 -- Ireland Fund  

    EUR 10.84  0.08  0.73%

    PIMCO GIS probability of target price tool provides mechanism to make assumptions about upside and downside potential of PIMCO GIS RAE Fundamental Glbl 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
     10.84 30 days 10.84  ABOUT 7.85%
    Based on normal probability distribution, the odds of PIMCO GIS to move above current price in 30 days from now is about 7.85% (This PIMCO GIS RAE Fundamental Glbl 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 0.0017 . This indicates as returns on market go up, PIMCO GIS average returns are expected to increase less than the benchmark. However during bear market, the loss on holding PIMCO GIS RAE Fundamental Glbl will be expected to be much smaller as well. Additionally PIMCO GIS RAE Fundamental Glbl has an alpha of 0.0141 implying that it can potentially generate 0.0141% excess return over DOW after adjusting for the inherited market risk (beta).
     PIMCO GIS Price Density 
          Price 
    α
    Alpha over DOW
    =0.014122
    β
    Beta against DOW=0.0017
    σ
    Overall volatility
    =5.28
    Ir
    Information ratio =0.16

    PIMCO GIS Alerts

    PIMCO GIS Alerts and Suggestions

    PIMCO GIS RAE is not yet fully synchronised with the market data
    PIMCO GIS RAE generates negative expected return over the last 30 days
    The fund retains 98.94% of its assets under management (AUM) in equities

    Price Density Drivers

    PIMCO GIS Health Indicators

    Please also check Risk vs Return Analysis. Please also try Crypto Portfolio Optimizer module to optimize portfolio of digital coins and token across multiple currency and exchanges.
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