Pimco Mortgage Opportunities Fund Market Value
| PMZCX Fund | USD 9.24 0.01 0.11% |
| Symbol | Pimco |
Pimco Mortgage '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 Mortgage'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 Mortgage.
| 01/01/2025 |
| 01/31/2025 |
If you would invest 0.00 in Pimco Mortgage on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding Pimco Mortgage Opportunities or generate 0.0% return on investment in Pimco Mortgage over 30 days. Pimco Mortgage is related to or competes with Alternative Asset, Pnc Balanced, Principal Lifetime, Guidemark(r) Large, Franklin Moderate, Hartford Moderate, and Us Large. The fund seeks to achieve its investment objective by investing at least 80 percent of its assets in a portfolio of mort... More
Pimco Mortgage 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 Mortgage'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 Mortgage Opportunities upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2229 | |||
| Information Ratio | (0.38) | |||
| Maximum Drawdown | 1.2 | |||
| Value At Risk | (0.22) | |||
| Potential Upside | 0.4372 |
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.| Risk Adjusted Performance | 0.0227 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.39) | |||
| Treynor Ratio | 0.0534 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Pimco Mortgage'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 Mortgage Oppor Backtested Returns
At this stage we consider Pimco Mutual Fund to be very steady. Pimco Mortgage Oppor maintains Sharpe Ratio (i.e., Efficiency) of 0.0574, which implies the entity had a 0.0574 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Pimco Mortgage Oppor, which you can use to evaluate the volatility of the fund. Please check Pimco Mortgage's Semi Deviation of 0.1204, risk adjusted performance of 0.0227, and Coefficient Of Variation of 1675.78 to confirm if the risk estimate we provide is consistent with the expected return of 0.0129%. The fund holds a Beta of 0.0642, which implies not very significant fluctuations relative to the market. As returns on the market increase, Pimco Mortgage's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pimco Mortgage is expected to be smaller as well.
Auto-correlation | -0.42 |
Modest reverse predictability
Pimco Mortgage Opportunities has modest reverse predictability. Overlapping area represents the amount of predictability between Pimco Mortgage 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 Mortgage Oppor price movement. The serial correlation of -0.42 indicates that just about 42.0% of current Pimco Mortgage price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.42 | |
| Spearman Rank Test | -0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Pimco Mortgage Oppor lagged returns against current returns
Autocorrelation, which is Pimco Mortgage 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 Mortgage's mutual fund 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 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 Mortgage 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 Mortgage mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pimco Mortgage 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 Mortgage mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Pimco Mortgage Lagged Returns
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 mutual fund 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 mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Pimco Mortgage Opportunities.
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 Mortgage 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 Mortgage security.
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum |