Pimco Low Duration Fund Market Value
| PLDPX Fund | USD 9.27 0.01 0.11% |
| Symbol | Pimco |
Pimco Low '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 Low'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 Low.
| 01/01/2025 |
| 01/31/2025 |
If you would invest 0.00 in Pimco Low on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding Pimco Low Duration or generate 0.0% return on investment in Pimco Low over 30 days. Pimco Low is related to or competes with Guggenheim High, Fidelity Capital, Jpmorgan High, Buffalo High, City National, and Lord Abbett. The fund seeks to achieve its investment objective by investing under normal circumstances at least 65 percent of its to... More
Pimco Low 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 Low'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 Low Duration upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1505 | |||
| Information Ratio | (0.67) | |||
| Maximum Drawdown | 0.7611 | |||
| Value At Risk | (0.11) | |||
| Potential Upside | 0.2183 |
Pimco Low Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pimco Low's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pimco Low's standard deviation. In reality, there are many statistical measures that can use Pimco Low historical prices to predict the future Pimco Low's volatility.| Risk Adjusted Performance | 0.0661 | |||
| Jensen Alpha | 0.0069 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | (0.54) | |||
| Treynor Ratio | 0.5788 |
Pimco Low Duration Backtested Returns
At this stage we consider Pimco Mutual Fund to be very steady. Pimco Low Duration maintains Sharpe Ratio (i.e., Efficiency) of 0.14, which implies the entity had a 0.14 % return per unit of risk over the last 3 months. We have found twenty-six technical indicators for Pimco Low Duration, which you can use to evaluate the volatility of the fund. Please check Pimco Low's Standard Deviation of 0.1215, risk adjusted performance of 0.0661, and Downside Deviation of 0.1505 to confirm if the risk estimate we provide is consistent with the expected return of 0.0166%. The fund holds a Beta of 0.0141, which implies not very significant fluctuations relative to the market. As returns on the market increase, Pimco Low's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pimco Low is expected to be smaller as well.
Auto-correlation | -0.19 |
Insignificant reverse predictability
Pimco Low Duration has insignificant reverse predictability. Overlapping area represents the amount of predictability between Pimco Low time series from 1st of January 2025 to 16th of January 2025 and 16th of January 2025 to 31st of January 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 Low Duration price movement. The serial correlation of -0.19 indicates that over 19.0% of current Pimco Low price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.19 | |
| Spearman Rank Test | 0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Pimco Low Duration lagged returns against current returns
Autocorrelation, which is Pimco Low 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 Low's mutual fund expected returns. We can calculate the autocorrelation of Pimco Low returns to help us make a trade decision. For example, suppose you find that Pimco Low 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 Low 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 Low mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pimco Low 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 Low mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Pimco Low Lagged Returns
When evaluating Pimco Low's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pimco Low mutual fund have on its future price. Pimco Low 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 Low autocorrelation shows the relationship between Pimco Low mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Pimco Low Duration.
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 Low 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 Low security.
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