Pimco Short Term Fund Market Value
| PTSPX Fund | USD 9.66 0.01 0.10% |
| Symbol | PIMCO |
Pimco Short-term '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 Short-term'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 Short-term.
| 09/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Pimco Short-term on September 29, 2024 and sell it all today you would earn a total of 0.00 from holding Pimco Short Term Fund or generate 0.0% return on investment in Pimco Short-term over 60 days. Pimco Short-term is related to or competes with Blackrock, Us Government, Us Government, Us Government, Virtus Seix, Us Government, and Prudential Government. The fund normally invests at least 65 percent of its total assets in a diversified portfolio of Fixed Income Instruments... More
Pimco Short-term 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 Short-term'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 Short Term Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1138 | |||
| Information Ratio | (1.02) | |||
| Maximum Drawdown | 0.5248 | |||
| Value At Risk | (0.10) | |||
| Potential Upside | 0.1052 |
Pimco Short-term Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pimco Short-term's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pimco Short-term's standard deviation. In reality, there are many statistical measures that can use Pimco Short-term historical prices to predict the future Pimco Short-term's volatility.| Risk Adjusted Performance | 0.1155 | |||
| Jensen Alpha | 0.015 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | (0.89) | |||
| Treynor Ratio | (1.24) |
Pimco Short Term Backtested Returns
At this stage we consider PIMCO Mutual Fund to be very steady. Pimco Short Term maintains Sharpe Ratio (i.e., Efficiency) of 0.19, which implies the entity had a 0.19% return per unit of risk over the last 3 months. We have found twenty-six technical indicators for Pimco Short Term, which you can use to evaluate the volatility of the fund. Please check Pimco Short-term's Risk Adjusted Performance of 0.1155, standard deviation of 0.1, and Downside Deviation of 0.1138 to confirm if the risk estimate we provide is consistent with the expected return of 0.0166%. The fund holds a Beta of -0.0111, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Pimco Short-term are expected to decrease at a much lower rate. During the bear market, Pimco Short-term is likely to outperform the market.
Auto-correlation | 0.56 |
Modest predictability
Pimco Short Term Fund has modest predictability. Overlapping area represents the amount of predictability between Pimco Short-term time series from 29th of September 2024 to 29th of October 2024 and 29th of October 2024 to 28th 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 Short Term price movement. The serial correlation of 0.56 indicates that roughly 56.0% of current Pimco Short-term price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.56 | |
| Spearman Rank Test | 0.96 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Pimco Short Term lagged returns against current returns
Autocorrelation, which is Pimco Short-term 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 Short-term's mutual fund expected returns. We can calculate the autocorrelation of Pimco Short-term returns to help us make a trade decision. For example, suppose you find that Pimco Short-term 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 Short-term 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 Short-term mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pimco Short-term 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 Short-term mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Pimco Short-term Lagged Returns
When evaluating Pimco Short-term's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pimco Short-term mutual fund have on its future price. Pimco Short-term 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 Short-term autocorrelation shows the relationship between Pimco Short-term mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Pimco Short Term Fund.
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 Short-term 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 Short-term security.
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