Pimco Long Duration Fund Probability of Future Mutual Fund Price Finishing Under 7.66
| PLRCX Fund | USD 7.14 0.01 0.14% |
Pimco |
Pimco Long Target Price Odds to finish below 7.66
The tendency of Pimco Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay under $ 7.66 after 90 days |
| 7.14 | 90 days | 7.66 | about 91.27 |
Based on a normal probability distribution, the odds of Pimco Long to stay under $ 7.66 after 90 days from now is about 91.27 (This Pimco Long Duration probability density function shows the probability of Pimco Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Pimco Long Duration price to stay between its current price of $ 7.14 and $ 7.66 at the end of the 90-day period is about 82.88 .
Assuming the 90 days horizon Pimco Long Duration has a beta of -0.17 indicating as returns on the benchmark increase, returns on holding Pimco Long are expected to decrease at a much lower rate. During a bear market, however, Pimco Long Duration is likely to outperform the market. Additionally Pimco Long Duration has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Pimco Long Price Density |
| Price |
Predictive Modules for Pimco Long
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 Long Duration. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual 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 Long'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.
Pimco Long Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Pimco Long is not an exception. The market had few large corrections towards the Pimco Long's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Pimco Long Duration, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Pimco Long within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.05 | |
β | Beta against Dow Jones | -0.17 | |
σ | Overall volatility | 0.19 | |
Ir | Information ratio | -0.31 |
Pimco Long Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Pimco Long for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Pimco Long Duration can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Pimco Long Duration generated a negative expected return over the last 90 days | |
| Pimco Long Duration generated five year return of -3.0% | |
| This fund maintains about 7.12% of its assets in cash |
Pimco Long Technical Analysis
Pimco Long's future price can be derived by breaking down and analyzing its technical indicators over time. Pimco Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Pimco Long Duration. In general, you should focus on analyzing Pimco Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Pimco Long Predictive Forecast Models
Pimco Long's time-series forecasting models is one of many Pimco Long's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Pimco Long's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.
Things to note about Pimco Long Duration
Checking the ongoing alerts about Pimco Long for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Pimco Long Duration help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Pimco Long Duration generated a negative expected return over the last 90 days | |
| Pimco Long Duration generated five year return of -3.0% | |
| This fund maintains about 7.12% of its assets in cash |
Other Information on Investing in Pimco Mutual Fund
Pimco Long financial ratios help investors to determine whether Pimco Mutual 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 Long security.
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