Pimco Em Fundamental Fund Market Value
| PEFIX Fund | USD 7.01 0.01 0.14% |
| Symbol | Pimco |
Pimco Em '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 Em's mutual 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 Em.
| 06/05/2024 |
| 12/02/2024 |
If you would invest 0.00 in Pimco Em on June 5, 2024 and sell it all today you would earn a total of 0.00 from holding Pimco Em Fundamental or generate 0.0% return on investment in Pimco Em over 180 days. Pimco Em is related to or competes with Pgim Jennison, Dreyfus Technology, Janus Global, Columbia Global, Mfs Technology, and Fidelity Advisor. The fund seeks to exceed the total return of the MSCI Emerging Markets Value Index under normal circumstances by obtaini... More
Pimco Em 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 Em's mutual 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 Em Fundamental upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 5.64 | |||
| Value At Risk | (1.30) | |||
| Potential Upside | 1.32 |
Pimco Em Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pimco Em's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pimco Em's standard deviation. In reality, there are many statistical measures that can use Pimco Em historical prices to predict the future Pimco Em's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (0.32) |
Pimco Em Fundamental Backtested Returns
Pimco Em Fundamental maintains Sharpe Ratio (i.e., Efficiency) of -0.029, which implies the entity had a -0.029% return per unit of risk over the last 3 months. Pimco Em Fundamental exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pimco Em's Risk Adjusted Performance of (0.04), coefficient of variation of (1,878), and Variance of 0.8441 to confirm the risk estimate we provide. The fund holds a Beta of 0.18, which implies not very significant fluctuations relative to the market. As returns on the market increase, Pimco Em's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pimco Em is expected to be smaller as well.
Auto-correlation | 0.29 |
Poor predictability
Pimco Em Fundamental has poor predictability. Overlapping area represents the amount of predictability between Pimco Em time series from 5th of June 2024 to 3rd of September 2024 and 3rd of September 2024 to 2nd 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 Em Fundamental price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current Pimco Em price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.29 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Pimco Em Fundamental lagged returns against current returns
Autocorrelation, which is Pimco Em mutual 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 Em's mutual fund expected returns. We can calculate the autocorrelation of Pimco Em returns to help us make a trade decision. For example, suppose you find that Pimco Em has exhibited high autocorrelation historically, and you observe that the mutual 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 Em 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 Em mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pimco Em mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pimco Em mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Pimco Em Lagged Returns
When evaluating Pimco Em's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pimco Em mutual fund have on its future price. Pimco Em 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 Em autocorrelation shows the relationship between Pimco Em mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Pimco Em Fundamental.
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 Mutual Fund
Pimco Em 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 Em security.
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