Pimco High Fund Forecast - Simple Regression

PHK Fund  USD 5.00  0.04  0.81%   
The Simple Regression forecasted value of Pimco High Income on the next trading day is expected to be 5.07 with a mean absolute deviation of 0.06 and the sum of the absolute errors of 3.39. Pimco Fund Forecast is based on your current time horizon.
  
Simple Regression model is a single variable regression model that attempts to put a straight line through Pimco High price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

Pimco High Simple Regression Price Forecast For the 23rd of November

Given 90 days horizon, the Simple Regression forecasted value of Pimco High Income on the next trading day is expected to be 5.07 with a mean absolute deviation of 0.06, mean absolute percentage error of 0, and the sum of the absolute errors of 3.39.
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 High's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Pimco High Fund Forecast Pattern

Backtest Pimco HighPimco High Price PredictionBuy or Sell Advice 

Pimco High Forecasted Value

In the context of forecasting Pimco High'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 High's downside and upside margins for the forecasting period are 4.52 and 5.61, respectively. We have considered Pimco High'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
5.00
5.07
Expected Value
5.61
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of Pimco High fund data series using in forecasting. Note that when a statistical model is used to represent Pimco High 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 Criteria112.7049
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0556
MAPEMean absolute percentage error0.0113
SAESum of the absolute errors3.3902
In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as Pimco High Income historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for Pimco High

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 High 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.
Hype
Prediction
LowEstimatedHigh
4.424.965.50
Details
Intrinsic
Valuation
LowRealHigh
4.384.925.46
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Pimco High. Your research has to be compared to or analyzed against Pimco High's peers to derive any actionable benefits. When done correctly, Pimco High's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Pimco High Income.

Other Forecasting Options for Pimco High

For every potential investor in Pimco, whether a beginner or expert, Pimco High'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 High's price trends.

Pimco High Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Pimco High fund to make a market-neutral strategy. Peer analysis of Pimco High could also be used in its relative valuation, which is a method of valuing Pimco High by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Pimco High 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 High'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 High's current price.

Pimco High Market Strength Events

Market strength indicators help investors to evaluate how Pimco High 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 High shares will generate the highest return on investment. By undertsting and applying Pimco High fund market strength indicators, traders can identify Pimco High Income entry and exit signals to maximize returns.

Pimco High Risk Indicators

The analysis of Pimco High'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 High'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.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

Other Information on Investing in Pimco Fund

Pimco High 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 High security.
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like