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

    IE00BYXVW784 -- Ireland Fund  

    SGD 9.62  0.04  0.41%

    PIMCO GIS probability of target price tool provides mechanism to make assumptions about upside and downside potential of PIMCO GIS Capital Secs Inst SGD H Inc II 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
     9.62 30 days 9.62  ABOUT 31.24%
    Based on normal probability distribution, the odds of PIMCO GIS to move above current price in 30 days from now is about 31.24% (This PIMCO GIS Capital Secs Inst SGD H Inc II 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 Capital Secs Inst SGD H Inc II has beta of -0.0103 . 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 Capital Secs Inst SGD H Inc II is likely to outperform the market. Additionally PIMCO GIS Capital Secs Inst SGD H Inc II has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     PIMCO GIS Price Density 
          Price 
    α
    Alpha over DOW
    =0.06
    β
    Beta against DOW=0.01
    σ
    Overall volatility
    =4.68
    Ir
    Information ratio =0.42

    PIMCO GIS Alerts

    PIMCO GIS Alerts and Suggestions

    PIMCO GIS Capital is not yet fully synchronised with the market data
    PIMCO GIS Capital generates negative expected return over the last 30 days
    The fund retains about 20.29% of its assets under management (AUM) in cash

    Price Density Drivers

    PIMCO GIS Health Indicators

    Please also check Risk vs Return Analysis. Please also try Companies Directory module to evaluate performance of over 100,000 stocks, funds, and etfs against different fundamentals.
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