PIMCO Emerging (UK) Market Value
| EMLI Etf | 62.23 0.27 0.44% |
| Symbol | PIMCO |
PIMCO Emerging '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 Emerging's etf 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 Emerging.
| 09/05/2024 |
| 12/04/2024 |
If you would invest 0.00 in PIMCO Emerging on September 5, 2024 and sell it all today you would earn a total of 0.00 from holding PIMCO Emerging Markets or generate 0.0% return on investment in PIMCO Emerging over 90 days. PIMCO Emerging is related to or competes with Leverage Shares, WisdomTree Natural, SP 500, Leverage Shares, GraniteShares, WisdomTree Natural, and Leverage Shares. PIMCO Emerging is entity of United Kingdom More
PIMCO Emerging 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 Emerging's etf 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 Emerging Markets upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.37) | |||
| Maximum Drawdown | 2.0 | |||
| Value At Risk | (0.58) | |||
| Potential Upside | 0.6515 |
PIMCO Emerging Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PIMCO Emerging's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PIMCO Emerging's standard deviation. In reality, there are many statistical measures that can use PIMCO Emerging historical prices to predict the future PIMCO Emerging's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.1) | |||
| Treynor Ratio | (0.72) |
PIMCO Emerging Markets Backtested Returns
PIMCO Emerging Markets maintains Sharpe Ratio (i.e., Efficiency) of -0.12, which implies the entity had a -0.12% return per unit of volatility over the last 3 months. PIMCO Emerging Markets exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PIMCO Emerging's risk adjusted performance of (0.08), and Coefficient Of Variation of (1,125) to confirm the risk estimate we provide. The etf holds a Beta of 0.0631, which implies not very significant fluctuations relative to the market. As returns on the market increase, PIMCO Emerging's returns are expected to increase less than the market. However, during the bear market, the loss of holding PIMCO Emerging is expected to be smaller as well.
Auto-correlation | -0.05 |
Very weak reverse predictability
PIMCO Emerging Markets has very weak reverse predictability. Overlapping area represents the amount of predictability between PIMCO Emerging time series from 5th of September 2024 to 20th of October 2024 and 20th of October 2024 to 4th of December 2024. 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 Emerging Markets price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current PIMCO Emerging price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.05 | |
| Spearman Rank Test | 0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.18 |
PIMCO Emerging Markets lagged returns against current returns
Autocorrelation, which is PIMCO Emerging etf'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 Emerging's etf expected returns. We can calculate the autocorrelation of PIMCO Emerging returns to help us make a trade decision. For example, suppose you find that PIMCO Emerging has exhibited high autocorrelation historically, and you observe that the etf 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 Emerging 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 Emerging etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PIMCO Emerging etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PIMCO Emerging etf over time.
Current vs Lagged Prices |
| Timeline |
PIMCO Emerging Lagged Returns
When evaluating PIMCO Emerging's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PIMCO Emerging etf have on its future price. PIMCO Emerging 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 Emerging autocorrelation shows the relationship between PIMCO Emerging etf current value and its past values and can show if there is a momentum factor associated with investing in PIMCO Emerging Markets.
Regressed Prices |
| Timeline |
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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 Etf
PIMCO Emerging financial ratios help investors to determine whether PIMCO Etf 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 Emerging security.