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PIMCO Equitiy Probability of Target Price Finishing Above 25.19

P
MFEM -- USA Etf  

USD 22.49  0.02  0.09%

PIMCO Equitiy probability of target price tool provides mechanism to make assumptions about upside and downside potential of PIMCO Equitiy Series PIMCO RAFI performance during a given time horizon utilizing its historical volatility. Please specify PIMCO Equitiy time horizon, a valid symbol (red box) and a target price (blue box) you would like PIMCO Equitiy odds to be computed. Additionally, see PIMCO Equitiy Backtesting, Portfolio Optimization, PIMCO Equitiy Correlation, PIMCO Equitiy Hype Analysis, PIMCO Equitiy Volatility, PIMCO Equitiy History as well as PIMCO Equitiy Performance.
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PIMCO Equitiy Target Price Odds to finish below 25.19

Current PriceHorizonTarget PriceOdds to stay under $ 25.19  after 30 days
 22.49 30 days 25.19 
more than 93.0
Based on normal probability distribution, the odds of PIMCO Equitiy to stay under $ 25.19  after 30 days from now is more than 93.0 (This PIMCO Equitiy Series PIMCO RAFI probability density function shows the probability of PIMCO Equitiy Etf to fall within a particular range of prices over 30 days) . Probability of PIMCO Equitiy Series price to stay between its current price of $ 22.49  and $ 25.19  at the end of the 30-day period is more than 93.0 .
Given the investment horizon of 30 days, PIMCO Equitiy has beta of 0.6619 indicating as returns on market go up, PIMCO Equitiy average returns are expected to increase less than the benchmark. However during bear market, the loss on holding PIMCO Equitiy Series PIMCO RAFI will be expected to be much smaller as well. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. PIMCO Equitiy Series is significantly underperforming DOW.
 PIMCO Equitiy Price Density 
    
  Price 
α
Alpha over DOW
=0.06
β
Beta against DOW=0.66
σ
Overall volatility
=0.66
Ir
Information ratio =0.04

PIMCO Equitiy Alerts and Suggestions

PIMCO Equitiy Series generates negative expected return over the last 30 days
The fund maintains 99.52% of its assets in stocks

PIMCO EquitiyPrice Density Drivers

Average Daily Volume Last 10 Day15.4k
Average Daily Volume In Three Month63.7k