Pimco Access Income Stock Market Value
| PAXS Stock | USD 16.73 0.16 0.97% |
| Symbol | PIMCO |
PIMCO Access Income Price To Book Ratio
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of PIMCO Access. If investors know PIMCO will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about PIMCO Access listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 1.95 |
The market value of PIMCO Access Income is measured differently than its book value, which is the value of PIMCO that is recorded on the company's balance sheet. Investors also form their own opinion of PIMCO Access' value that differs from its market value or its book value, called intrinsic value, which is PIMCO Access' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because PIMCO Access' market value can be influenced by many factors that don't directly affect PIMCO Access' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between PIMCO Access' value and its price as these two are different measures arrived at by different means. Investors typically determine if PIMCO Access is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PIMCO Access' 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 Access '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 Access' stock 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 Access.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in PIMCO Access on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding PIMCO Access Income or generate 0.0% return on investment in PIMCO Access over 510 days. PIMCO Access is related to or competes with Pimco Dynamic, Pimco Corporate, Doubleline Yield, Cohen Steers, Pimco Income, Pimco High, and Pimco Corporate. PIMCO Access Income Fund is close-ended fixed income mutual fund launched and managed by Pacific Investment Management C... More
PIMCO Access 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 Access' stock 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 Access Income upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.06 | |||
| Information Ratio | 0.0269 | |||
| Maximum Drawdown | 4.49 | |||
| Value At Risk | (1.70) | |||
| Potential Upside | 1.71 |
PIMCO Access Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PIMCO Access' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PIMCO Access' standard deviation. In reality, there are many statistical measures that can use PIMCO Access historical prices to predict the future PIMCO Access' volatility.| Risk Adjusted Performance | 0.1281 | |||
| Jensen Alpha | 0.1027 | |||
| Total Risk Alpha | (0.0007) | |||
| Sortino Ratio | 0.0237 | |||
| Treynor Ratio | 0.4158 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of PIMCO Access' 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 Access Income Backtested Returns
Currently, PIMCO Access Income is very steady. PIMCO Access Income maintains Sharpe Ratio (i.e., Efficiency) of 0.15, which implies the firm had a 0.15% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for PIMCO Access Income, which you can use to evaluate the volatility of the company. Please check PIMCO Access' risk adjusted performance of 0.1281, and Semi Deviation of 0.8042 to confirm if the risk estimate we provide is consistent with the expected return of 0.14%. PIMCO Access has a performance score of 12 on a scale of 0 to 100. The company holds a Beta of 0.35, which implies possible diversification benefits within a given portfolio. As returns on the market increase, PIMCO Access' returns are expected to increase less than the market. However, during the bear market, the loss of holding PIMCO Access is expected to be smaller as well. PIMCO Access Income currently holds a risk of 0.93%. Please check PIMCO Access Income value at risk, as well as the relationship between the kurtosis and market facilitation index , to decide if PIMCO Access Income will be following its historical price patterns.
Auto-correlation | 0.63 |
Good predictability
PIMCO Access Income has good predictability. Overlapping area represents the amount of predictability between PIMCO Access time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 to 26th of November 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 Access Income price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current PIMCO Access price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.63 | |
| Spearman Rank Test | 0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 0.52 |
PIMCO Access Income lagged returns against current returns
Autocorrelation, which is PIMCO Access stock'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 Access' stock expected returns. We can calculate the autocorrelation of PIMCO Access returns to help us make a trade decision. For example, suppose you find that PIMCO Access has exhibited high autocorrelation historically, and you observe that the stock 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 |
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PIMCO Access 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 Access stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PIMCO Access stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PIMCO Access stock over time.
Current vs Lagged Prices |
| Timeline |
PIMCO Access Lagged Returns
When evaluating PIMCO Access' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PIMCO Access stock have on its future price. PIMCO Access 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 Access autocorrelation shows the relationship between PIMCO Access stock current value and its past values and can show if there is a momentum factor associated with investing in PIMCO Access Income.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for PIMCO Stock Analysis
When running PIMCO Access' price analysis, check to measure PIMCO Access' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PIMCO Access is operating at the current time. Most of PIMCO Access' value examination focuses on studying past and present price action to predict the probability of PIMCO Access' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PIMCO Access' price. Additionally, you may evaluate how the addition of PIMCO Access to your portfolios can decrease your overall portfolio volatility.