Pimco Floating Income Fund Market Value

PFIIX Fund  USD 8.11  0.01  0.12%   
Pimco Floating's market value is the price at which a share of Pimco Floating trades on a public exchange. It measures the collective expectations of Pimco Floating Income investors about its performance. Pimco Floating is trading at 8.11 as of the 19th of February 2025; that is 0.12 percent decrease since the beginning of the trading day. The fund's open price was 8.12.
With this module, you can estimate the performance of a buy and hold strategy of Pimco Floating Income and determine expected loss or profit from investing in Pimco Floating over a given investment horizon. Check out Pimco Floating Correlation, Pimco Floating Volatility and Pimco Floating Alpha and Beta module to complement your research on Pimco Floating.
Symbol

Please note, there is a significant difference between Pimco Floating's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pimco Floating is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pimco Floating's 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 Floating '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 Floating'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 Floating.
0.00
01/20/2025
No Change 0.00  0.0 
In 31 days
02/19/2025
0.00
If you would invest  0.00  in Pimco Floating on January 20, 2025 and sell it all today you would earn a total of 0.00 from holding Pimco Floating Income or generate 0.0% return on investment in Pimco Floating over 30 days. Pimco Floating is related to or competes with Pimco Income, Pimco Mortgage, Short-term Fund, Pimco Foreign, and Diversified Income. The fund seeks to achieve its investment objective by investing under normal circumstances at least 65 percent of its to... More

Pimco Floating 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 Floating'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 Floating Income upside and downside potential and time the market with a certain degree of confidence.

Pimco Floating Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Pimco Floating's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pimco Floating's standard deviation. In reality, there are many statistical measures that can use Pimco Floating historical prices to predict the future Pimco Floating's volatility.
Hype
Prediction
LowEstimatedHigh
7.938.118.29
Details
Intrinsic
Valuation
LowRealHigh
7.267.448.92
Details

Pimco Floating Income Backtested Returns

At this stage we consider Pimco Mutual Fund to be very steady. Pimco Floating Income maintains Sharpe Ratio (i.e., Efficiency) of 0.23, which implies the entity had a 0.23 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Pimco Floating Income, which you can use to evaluate the volatility of the fund. Please check Pimco Floating's Standard Deviation of 0.1763, risk adjusted performance of 0.0983, and Downside Deviation of 0.2226 to confirm if the risk estimate we provide is consistent with the expected return of 0.041%. The fund holds a Beta of 0.0378, which implies not very significant fluctuations relative to the market. As returns on the market increase, Pimco Floating's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pimco Floating is expected to be smaller as well.

Auto-correlation

    
  0.77  

Good predictability

Pimco Floating Income has good predictability. Overlapping area represents the amount of predictability between Pimco Floating time series from 20th of January 2025 to 4th of February 2025 and 4th of February 2025 to 19th of February 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 Floating Income price movement. The serial correlation of 0.77 indicates that around 77.0% of current Pimco Floating price fluctuation can be explain by its past prices.
Correlation Coefficient0.77
Spearman Rank Test0.87
Residual Average0.0
Price Variance0.0
Pimco ReturnsPimco Lagged ReturnsDiversified AwayPimco ReturnsPimco Lagged ReturnsDiversified Away100%

Pimco Floating Income lagged returns against current returns

Autocorrelation, which is Pimco Floating 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 Floating's mutual fund expected returns. We can calculate the autocorrelation of Pimco Floating returns to help us make a trade decision. For example, suppose you find that Pimco Floating 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   
JavaScript chart by amCharts 3.21.15Feb 04Feb 06Feb 08Feb 10Feb 12Feb 14Feb 16Feb 180.1%0.2%0.3%0.4%0.5%0.6%0.7%0.8% 1
JavaScript chart by amCharts 3.21.15Volume Lagged Volume Prices Lagged Prices
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Pimco Floating 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 Floating mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pimco Floating 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 Floating mutual fund over time.
   Current vs Lagged Prices   
JavaScript chart by amCharts 3.21.15Feb 04Feb 06Feb 08Feb 10Feb 12Feb 14Feb 16Feb 188.008.028.048.068.088.10
JavaScript chart by amCharts 3.21.15Regression Prices Lagged Regression Prices
       Timeline  

Pimco Floating Lagged Returns

When evaluating Pimco Floating's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pimco Floating mutual fund have on its future price. Pimco Floating 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 Floating autocorrelation shows the relationship between Pimco Floating mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Pimco Floating Income.
   Regressed Prices   
JavaScript chart by amCharts 3.21.15Jan 21Jan 25Jan 29FebFeb 06Feb 10Feb 14Feb 188.028.048.068.088.108.12
JavaScript chart by amCharts 3.21.15Lagged Returns Returns
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Other Information on Investing in Pimco Mutual Fund

Pimco Floating 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 Floating security.
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