Pimco Real Return Fund Market Value
| PRTPX Fund | USD 11.98 0.02 0.17% |
| Symbol | Pimco |
Pimco Real '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 Real'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 Real.
| 01/06/2023 |
| 11/26/2024 |
If you would invest 0.00 in Pimco Real on January 6, 2023 and sell it all today you would earn a total of 0.00 from holding Pimco Real Return or generate 0.0% return on investment in Pimco Real over 690 days. Pimco Real is related to or competes with Institutional Fiduciary. The fund invests at least 80 percent of its net assets in inflation-indexed bonds of varying maturities issued by the U.... More
Pimco Real 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 Real'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 Real Return upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.27) | |||
| Maximum Drawdown | 3.35 | |||
| Value At Risk | (1.31) | |||
| Potential Upside | 0.88 |
Pimco Real Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pimco Real's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pimco Real's standard deviation. In reality, there are many statistical measures that can use Pimco Real historical prices to predict the future Pimco Real's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | (0.83) |
Pimco Real Return Backtested Returns
Pimco Real Return maintains Sharpe Ratio (i.e., Efficiency) of -0.11, which implies the entity had a -0.11% return per unit of risk over the last 3 months. Pimco Real Return exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pimco Real's Risk Adjusted Performance of (0.07), variance of 0.5536, and Coefficient Of Variation of (1,062) to confirm the risk estimate we provide. The fund holds a Beta of 0.0963, which implies not very significant fluctuations relative to the market. As returns on the market increase, Pimco Real's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pimco Real is expected to be smaller as well.
Auto-correlation | -0.6 |
Good reverse predictability
Pimco Real Return has good reverse predictability. Overlapping area represents the amount of predictability between Pimco Real time series from 6th of January 2023 to 17th of December 2023 and 17th of December 2023 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 Real Return price movement. The serial correlation of -0.6 indicates that roughly 60.0% of current Pimco Real price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.6 | |
| Spearman Rank Test | -0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 0.16 |
Pimco Real Return lagged returns against current returns
Autocorrelation, which is Pimco Real 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 Real's mutual fund expected returns. We can calculate the autocorrelation of Pimco Real returns to help us make a trade decision. For example, suppose you find that Pimco Real 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 Real 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 Real mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pimco Real 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 Real mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Pimco Real Lagged Returns
When evaluating Pimco Real's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pimco Real mutual fund have on its future price. Pimco Real 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 Real autocorrelation shows the relationship between Pimco Real mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Pimco Real Return.
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 Real 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 Real security.
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