PIMCO ETFs (UK) Market Value
| EMLP Etf | 86.13 0.08 0.09% |
| Symbol | PIMCO |
PIMCO ETFs '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 ETFs' 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 ETFs.
| 12/17/2023 |
| 12/11/2024 |
If you would invest 0.00 in PIMCO ETFs on December 17, 2023 and sell it all today you would earn a total of 0.00 from holding PIMCO ETFs plc or generate 0.0% return on investment in PIMCO ETFs over 360 days. PIMCO ETFs is related to or competes with Leverage Shares, Leverage Shares, SP 500, WisdomTree Natural, Leverage Shares, Leverage Shares, and Leverage Shares. PIMCO ETFs is entity of United Kingdom. It is traded as Etf on LSE exchange. More
PIMCO ETFs 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 ETFs' 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 ETFs plc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.353 | |||
| Information Ratio | (0.35) | |||
| Maximum Drawdown | 1.96 | |||
| Value At Risk | (0.61) | |||
| Potential Upside | 0.5585 |
PIMCO ETFs Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PIMCO ETFs' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PIMCO ETFs' standard deviation. In reality, there are many statistical measures that can use PIMCO ETFs historical prices to predict the future PIMCO ETFs' volatility.| Risk Adjusted Performance | 0.0013 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.34) | |||
| Treynor Ratio | (0.08) |
PIMCO ETFs plc Backtested Returns
Currently, PIMCO ETFs plc is very steady. PIMCO ETFs plc maintains Sharpe Ratio (i.e., Efficiency) of 0.0111, which implies the entity had a 0.0111% return per unit of volatility over the last 3 months. We have found thirty technical indicators for PIMCO ETFs plc, which you can use to evaluate the volatility of the etf. Please check PIMCO ETFs' risk adjusted performance of 0.0013, and Semi Deviation of 0.3328 to confirm if the risk estimate we provide is consistent with the expected return of 0.0038%. The etf holds a Beta of 0.0499, which implies not very significant fluctuations relative to the market. As returns on the market increase, PIMCO ETFs' returns are expected to increase less than the market. However, during the bear market, the loss of holding PIMCO ETFs is expected to be smaller as well.
Auto-correlation | -0.11 |
Insignificant reverse predictability
PIMCO ETFs plc has insignificant reverse predictability. Overlapping area represents the amount of predictability between PIMCO ETFs time series from 17th of December 2023 to 14th of June 2024 and 14th of June 2024 to 11th 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 ETFs plc price movement. The serial correlation of -0.11 indicates that less than 11.0% of current PIMCO ETFs price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.11 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.59 |
PIMCO ETFs plc lagged returns against current returns
Autocorrelation, which is PIMCO ETFs 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 ETFs' etf expected returns. We can calculate the autocorrelation of PIMCO ETFs returns to help us make a trade decision. For example, suppose you find that PIMCO ETFs 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 ETFs 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 ETFs etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PIMCO ETFs etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PIMCO ETFs etf over time.
Current vs Lagged Prices |
| Timeline |
PIMCO ETFs Lagged Returns
When evaluating PIMCO ETFs' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PIMCO ETFs etf have on its future price. PIMCO ETFs 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 ETFs autocorrelation shows the relationship between PIMCO ETFs etf current value and its past values and can show if there is a momentum factor associated with investing in PIMCO ETFs plc.
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 Etf
PIMCO ETFs 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 ETFs security.