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|
PIMCO GIS Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds 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
|Alpha over DOW||=||0.014122|
|Beta against DOW||=||0.0017|