Pimco Realestaterealreturn Strategy Fund Market Value
| PNRNX Fund | USD 27.24 0.37 1.38% |
| Symbol | Pimco |
Pimco Realestaterealre '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 Realestaterealre'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 Realestaterealre.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Pimco Realestaterealre on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Pimco Realestaterealreturn Strategy or generate 0.0% return on investment in Pimco Realestaterealre over 30 days. Pimco Realestaterealre is related to or competes with William Blair, Quantitative, Nuveen Winslow, Touchstone Large, Aqr Large, Old Westbury, and T Rowe. The fund seeks to achieve its investment objective by investing in real estate-linked derivative instruments backed by a... More
Pimco Realestaterealre 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 Realestaterealre'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 Realestaterealreturn Strategy upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8609 | |||
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 4.26 | |||
| Value At Risk | (1.23) | |||
| Potential Upside | 1.34 |
Pimco Realestaterealre Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pimco Realestaterealre's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pimco Realestaterealre's standard deviation. In reality, there are many statistical measures that can use Pimco Realestaterealre historical prices to predict the future Pimco Realestaterealre's volatility.| Risk Adjusted Performance | 0.0575 | |||
| Jensen Alpha | 0.0375 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 0.4103 |
Pimco Realestaterealre Backtested Returns
At this stage we consider Pimco Mutual Fund to be very steady. Pimco Realestaterealre maintains Sharpe Ratio (i.e., Efficiency) of 0.0722, which implies the entity had a 0.0722% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Pimco Realestaterealre, which you can use to evaluate the volatility of the fund. Please check Pimco Realestaterealre's Semi Deviation of 0.8078, risk adjusted performance of 0.0575, and Coefficient Of Variation of 1353.24 to confirm if the risk estimate we provide is consistent with the expected return of 0.0611%. The fund holds a Beta of 0.13, which implies not very significant fluctuations relative to the market. As returns on the market increase, Pimco Realestaterealre's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pimco Realestaterealre is expected to be smaller as well.
Auto-correlation | 0.40 |
Average predictability
Pimco Realestaterealreturn Strategy has average predictability. Overlapping area represents the amount of predictability between Pimco Realestaterealre time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 Realestaterealre price movement. The serial correlation of 0.4 indicates that just about 40.0% of current Pimco Realestaterealre price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.4 | |
| Spearman Rank Test | 0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
Pimco Realestaterealre lagged returns against current returns
Autocorrelation, which is Pimco Realestaterealre 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 Realestaterealre's mutual fund expected returns. We can calculate the autocorrelation of Pimco Realestaterealre returns to help us make a trade decision. For example, suppose you find that Pimco Realestaterealre 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 Realestaterealre 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 Realestaterealre mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pimco Realestaterealre 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 Realestaterealre mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Pimco Realestaterealre Lagged Returns
When evaluating Pimco Realestaterealre's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pimco Realestaterealre mutual fund have on its future price. Pimco Realestaterealre 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 Realestaterealre autocorrelation shows the relationship between Pimco Realestaterealre mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Pimco Realestaterealreturn Strategy.
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 Realestaterealre 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 Realestaterealre security.
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities |