Pimco Dynamic Fund Forecast - Polynomial Regression

PDI Fund  USD 19.18  0.09  0.47%   
The Polynomial Regression forecasted value of Pimco Dynamic Income on the next trading day is expected to be 19.17 with a mean absolute deviation of 0.21 and the sum of the absolute errors of 12.85. Pimco Fund Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Pimco Dynamic's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Pimco Dynamic polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Pimco Dynamic Income as well as the accuracy indicators are determined from the period prices.

Pimco Dynamic Polynomial Regression Price Forecast For the 27th of November

Given 90 days horizon, the Polynomial Regression forecasted value of Pimco Dynamic Income on the next trading day is expected to be 19.17 with a mean absolute deviation of 0.21, mean absolute percentage error of 0.07, and the sum of the absolute errors of 12.85.
Please note that although there have been many attempts to predict Pimco Fund prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Pimco Dynamic's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Pimco Dynamic Fund Forecast Pattern

Backtest Pimco DynamicPimco Dynamic Price PredictionBuy or Sell Advice 

Pimco Dynamic Forecasted Value

In the context of forecasting Pimco Dynamic's Fund value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Pimco Dynamic's downside and upside margins for the forecasting period are 18.33 and 20.02, respectively. We have considered Pimco Dynamic's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value
19.18
19.17
Expected Value
20.02
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Pimco Dynamic fund data series using in forecasting. Note that when a statistical model is used to represent Pimco Dynamic fund, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.
AICAkaike Information Criteria115.4722
BiasArithmetic mean of the errors None
MADMean absolute deviation0.2107
MAPEMean absolute percentage error0.0108
SAESum of the absolute errors12.8529
A single variable polynomial regression model attempts to put a curve through the Pimco Dynamic historical price points. Mathematically, assuming the independent variable is X and the dependent variable is Y, this line can be indicated as: Y = a0 + a1*X + a2*X2 + a3*X3 + ... + am*Xm

Predictive Modules for Pimco Dynamic

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Pimco Dynamic Income. Regardless of method or technology, however, to accurately forecast the fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Pimco Dynamic's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
18.3319.1820.03
Details
Intrinsic
Valuation
LowRealHigh
18.4019.2520.10
Details
Bollinger
Band Projection (param)
LowMiddleHigh
18.8319.2419.65
Details

Other Forecasting Options for Pimco Dynamic

For every potential investor in Pimco, whether a beginner or expert, Pimco Dynamic's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Pimco Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Pimco. Basic forecasting techniques help filter out the noise by identifying Pimco Dynamic's price trends.

View Pimco Dynamic Related Equities

 Risk & Return  Correlation

Pimco Dynamic Income Technical and Predictive Analytics

The fund market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Pimco Dynamic's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Pimco Dynamic's current price.

Pimco Dynamic Market Strength Events

Market strength indicators help investors to evaluate how Pimco Dynamic fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pimco Dynamic shares will generate the highest return on investment. By undertsting and applying Pimco Dynamic fund market strength indicators, traders can identify Pimco Dynamic Income entry and exit signals to maximize returns.

Pimco Dynamic Risk Indicators

The analysis of Pimco Dynamic's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Pimco Dynamic's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting pimco fund prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Currently Active Assets on Macroaxis

Other Information on Investing in Pimco Fund

Pimco Dynamic financial ratios help investors to determine whether Pimco Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Pimco with respect to the benefits of owning Pimco Dynamic security.
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA