|Current Price||Horizon||Target Price||Odds 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