Pimco Mortgage Backed Securities Etf Market Value

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PIMCO

The market value of PIMCO Mortgage Backed 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 Mortgage's value that differs from its market value or its book value, called intrinsic value, which is PIMCO Mortgage's 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 Mortgage's market value can be influenced by many factors that don't directly affect PIMCO Mortgage's 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 Mortgage's value and its price as these two are different measures arrived at by different means. Investors typically determine if PIMCO Mortgage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PIMCO Mortgage'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.

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 Mortgage's etf 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 Mortgage.

PIMCO Mortgage Upside/Downside Indicators

PIMCO Mortgage Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for PIMCO Mortgage's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PIMCO Mortgage's standard deviation. In reality, there are many statistical measures that can use PIMCO Mortgage historical prices to predict the future PIMCO Mortgage's volatility.

Autocorrelation, which is PIMCO Mortgage etf'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 Mortgage's etf expected returns. We can calculate the autocorrelation of PIMCO Mortgage returns to help us make a trade decision. For example, suppose you find that PIMCO Mortgage has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If PIMCO Mortgage etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PIMCO Mortgage etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PIMCO Mortgage etf over time.

When evaluating PIMCO Mortgage's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PIMCO Mortgage etf have on its future price. PIMCO Mortgage 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 Mortgage autocorrelation shows the relationship between PIMCO Mortgage etf current value and its past values and can show if there is a momentum factor associated with investing in PIMCO Mortgage Backed Securities.

PIMCO Mortgage financial ratios help investors to determine whether PIMCO Etf 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 Mortgage security.