Pimco Unconstrained Bond Fund Market Value
| PFIUX Fund | USD 9.96 0.01 0.10% |
| Symbol | Pimco |
Pimco Unconstrained '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 Unconstrained'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 Unconstrained.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Pimco Unconstrained on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Pimco Unconstrained Bond or generate 0.0% return on investment in Pimco Unconstrained over 30 days. Pimco Unconstrained is related to or competes with Us Government, Lord Abbett, John Hancock, Aig Government, Dunham Corporate/govern, Invesco Us, and Us Government. The fund invests at least 80 percent of its assets in a diversified portfolio of Fixed Income Instruments of varying mat... More
Pimco Unconstrained 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 Unconstrained'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 Unconstrained Bond upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1476 | |||
| Information Ratio | (0.74) | |||
| Maximum Drawdown | 0.8113 | |||
| Value At Risk | (0.10) | |||
| Potential Upside | 0.3027 |
Pimco Unconstrained Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pimco Unconstrained's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pimco Unconstrained's standard deviation. In reality, there are many statistical measures that can use Pimco Unconstrained historical prices to predict the future Pimco Unconstrained's volatility.| Risk Adjusted Performance | 0.1299 | |||
| Jensen Alpha | 0.0197 | |||
| Total Risk Alpha | 2.0E-4 | |||
| Sortino Ratio | (0.66) | |||
| Treynor Ratio | 2.17 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Pimco Unconstrained's 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 Unconstrained Bond Backtested Returns
At this stage we consider Pimco Mutual Fund to be very steady. Pimco Unconstrained Bond maintains Sharpe Ratio (i.e., Efficiency) of 0.22, which implies the entity had a 0.22% return per unit of risk over the last 3 months. We have found twenty-six technical indicators for Pimco Unconstrained Bond, which you can use to evaluate the volatility of the fund. Please check Pimco Unconstrained's Standard Deviation of 0.1327, downside deviation of 0.1476, and Risk Adjusted Performance of 0.1299 to confirm if the risk estimate we provide is consistent with the expected return of 0.029%. The fund holds a Beta of 0.0096, which implies not very significant fluctuations relative to the market. As returns on the market increase, Pimco Unconstrained's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pimco Unconstrained is expected to be smaller as well.
Auto-correlation | 0.03 |
Virtually no predictability
Pimco Unconstrained Bond has virtually no predictability. Overlapping area represents the amount of predictability between Pimco Unconstrained time series from 27th of October 2024 to 11th of November 2024 and 11th of November 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 Unconstrained Bond price movement. The serial correlation of 0.03 indicates that only 3.0% of current Pimco Unconstrained price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.03 | |
| Spearman Rank Test | 0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Pimco Unconstrained Bond lagged returns against current returns
Autocorrelation, which is Pimco Unconstrained 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 Unconstrained's mutual fund expected returns. We can calculate the autocorrelation of Pimco Unconstrained returns to help us make a trade decision. For example, suppose you find that Pimco Unconstrained 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 Unconstrained 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 Unconstrained mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pimco Unconstrained 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 Unconstrained mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Pimco Unconstrained Lagged Returns
When evaluating Pimco Unconstrained's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pimco Unconstrained mutual fund have on its future price. Pimco Unconstrained 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 Unconstrained autocorrelation shows the relationship between Pimco Unconstrained mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Pimco Unconstrained Bond.
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 Unconstrained 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 Unconstrained security.
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges |