Pimco Funds Fund Market Value
| AMGXX Fund | USD 1.00 0.00 0.00% |
| Symbol | Pimco |
Please note, there is a significant difference between Pimco Funds' value and its price as these two are different measures arrived at by different means. Investors typically determine if Pimco Funds is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pimco Funds' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Pimco Funds 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Pimco Funds' money market fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Pimco Funds.
| 12/24/2024 |
| 01/23/2025 |
If you would invest 0.00 in Pimco Funds on December 24, 2024 and sell it all today you would earn a total of 0.00 from holding Pimco Funds or generate 0.0% return on investment in Pimco Funds over 30 days. Pimco Funds is related to or competes with Short Precious, Sprott Gold, Global Gold, Great West, Wells Fargo, and Goldman Sachs. Pimco Funds is entity of United States. It is traded as Fund on NMFQS exchange. More
Pimco Funds Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Pimco Funds' money market fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Pimco Funds upside and downside potential and time the market with a certain degree of confidence.
Pimco Funds Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pimco Funds' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pimco Funds' standard deviation. In reality, there are many statistical measures that can use Pimco Funds historical prices to predict the future Pimco Funds' volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Pimco Funds' 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 Funds Backtested Returns
We have found three technical indicators for Pimco Funds, which you can use to evaluate the volatility of the fund. The fund holds a Beta of 0.0, which implies not very significant fluctuations relative to the market. the returns on MARKET and Pimco Funds are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Pimco Funds has no correlation between past and present. Overlapping area represents the amount of predictability between Pimco Funds time series from 24th of December 2024 to 8th of January 2025 and 8th of January 2025 to 23rd of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Pimco Funds price movement. The serial correlation of 0.0 indicates that just 0.0% of current Pimco Funds price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Pimco Funds lagged returns against current returns
Autocorrelation, which is Pimco Funds money market fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Pimco Funds' money market fund expected returns. We can calculate the autocorrelation of Pimco Funds returns to help us make a trade decision. For example, suppose you find that Pimco Funds has exhibited high autocorrelation historically, and you observe that the money market fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Pimco Funds regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Pimco Funds money market fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pimco Funds money market fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pimco Funds money market fund over time.
Current vs Lagged Prices |
| Timeline |
Pimco Funds Lagged Returns
When evaluating Pimco Funds' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pimco Funds money market fund have on its future price. Pimco Funds autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Pimco Funds autocorrelation shows the relationship between Pimco Funds money market fund current value and its past values and can show if there is a momentum factor associated with investing in Pimco Funds .
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Pimco Money Market Fund
Pimco Funds financial ratios help investors to determine whether Pimco Money Market 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 Funds security.
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