|Horizon||30 Days Login to change|
PIMCO Foreign Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|9.48||30 days||9.48||ABOUT 25.02%|
Based on normal probability distribution, the odds of PIMCO Foreign to move above current price in 30 days from now is about 25.02% (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 -0.0375 . 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 The company has a negative alpha implying that the risk taken by holding this equity is not justified. PIMCO Foreign Bond is significantly underperforming DOW.
PIMCO Foreign Price Density
|Alpha over DOW||=||0.02|
|Beta against DOW||=||0.04|