PIMCO Foreign Probability of Target Price Finishing Over Current Price

    PFUAX -- USA Fund  

    USD 9.62  0.00  0.00%

    PIMCO Foreign probability of target price tool provides mechanism to make assumptions about upside and downside potential of PIMCO Foreign Bond A performance during a given time horizon utilizing its historical volatility. Please specify PIMCO Foreign time horizon, a valid symbol (red box) and a target price (blue box) you would like PIMCO Foreign odds to be computed. Additionally take a look at Your Equity Center.
    Horizon     30 Days    Login   to change
    Symbol:
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    PIMCO Foreign Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     9.62 30 days 9.62  NEAR 1%
    Based on normal probability distribution, the odds of PIMCO Foreign to move above current price in 30 days from now is near 1% (This PIMCO Foreign Bond A probability density function shows the probability of PIMCO Foreign Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, PIMCO Foreign Bond A has beta of -0.0041 . This implies as returns on benchmark increase, returns on holding PIMCO Foreign are expected to decrease at a much smaller rate. During bear market, however, PIMCO Foreign Bond A is likely to outperform the market. Additionally PIMCO Foreign Bond A has an alpha of 0.0038 implying that it can potentially generate 0.0038% excess return over DOW after adjusting for the inherited market risk (beta).
     PIMCO Foreign Price Density 
          Price 
    α
    Alpha over DOW
    =0.003795
    β
    Beta against DOW=0.0041
    σ
    Overall volatility
    =3.39
    Ir
    Information ratio =1.73

    PIMCO Foreign Alerts

    PIMCO Foreign Alerts and Suggestions

    PIMCO Foreign Bond is not yet fully synchronised with the market data
    The fund maintains about 44.31% of its assets in cash

    Price Density Drivers

    PIMCO Foreign Health Indicators

    Additionally take a look at Your Equity Center. Please also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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