PIMCO Short's market value is the price at which a share of PIMCO Short trades on a public exchange. It measures the collective expectations of PIMCO Short Term High investors about its performance. PIMCO Short is selling for under 118.19 as of the 18th of January 2025; that is 0.01 percent increase since the beginning of the trading day. The etf's lowest day price was 118.19. With this module, you can estimate the performance of a buy and hold strategy of PIMCO Short Term High and determine expected loss or profit from investing in PIMCO Short over a given investment horizon. Check out PIMCO Short Correlation, PIMCO Short Volatility and PIMCO Short Alpha and Beta module to complement your research on PIMCO Short.
Please note, there is a significant difference between PIMCO Short's value and its price as these two are different measures arrived at by different means. Investors typically determine if PIMCO Short is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PIMCO Short'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.
PIMCO Short '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'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 Short.
0.00
12/19/2024
No Change 0.00
0.0
In 31 days
01/18/2025
0.00
If you would invest 0.00 in PIMCO Short on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding PIMCO Short Term High or generate 0.0% return on investment in PIMCO Short over 30 days. PIMCO Short is related to or competes with SP 500, WisdomTree Natural, WisdomTree Natural, Leverage Shares, WisdomTree Silver, WisdomTree, and WisdomTree Cocoa. PIMCO Short is entity of United Kingdom. It is traded as Etf on LSE exchange. More
PIMCO Short 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's etf 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 High upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for PIMCO Short's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PIMCO Short's standard deviation. In reality, there are many statistical measures that can use PIMCO Short historical prices to predict the future PIMCO Short's volatility.
Currently, PIMCO Short Term High is very steady. PIMCO Short Term maintains Sharpe Ratio (i.e., Efficiency) of 0.1, which implies the entity had a 0.1% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for PIMCO Short Term, which you can use to evaluate the volatility of the etf. Please check PIMCO Short's risk adjusted performance of 0.0508, and Semi Deviation of 0.1671 to confirm if the risk estimate we provide is consistent with the expected return of 0.0224%. The etf holds a Beta of 0.0653, which implies not very significant fluctuations relative to the market. As returns on the market increase, PIMCO Short's returns are expected to increase less than the market. However, during the bear market, the loss of holding PIMCO Short is expected to be smaller as well.
Auto-correlation
-0.22
Weak reverse predictability
PIMCO Short Term High has weak reverse predictability. Overlapping area represents the amount of predictability between PIMCO Short time series from 19th of December 2024 to 3rd of January 2025 and 3rd of January 2025 to 18th 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 Short Term price movement. The serial correlation of -0.22 indicates that over 22.0% of current PIMCO Short price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.22
Spearman Rank Test
-0.2
Residual Average
0.0
Price Variance
0.06
PIMCO Short Term lagged returns against current returns
Autocorrelation, which is PIMCO Short 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 Short's etf expected returns. We can calculate the autocorrelation of PIMCO Short returns to help us make a trade decision. For example, suppose you find that PIMCO Short 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.
Current and Lagged Values
Timeline
PIMCO Short 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 etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PIMCO Short etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PIMCO Short etf over time.
Current vs Lagged Prices
Timeline
PIMCO Short Lagged Returns
When evaluating PIMCO Short's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PIMCO Short etf have on its future price. PIMCO Short 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 autocorrelation shows the relationship between PIMCO Short etf current value and its past values and can show if there is a momentum factor associated with investing in PIMCO Short Term High.
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.
PIMCO Short 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 Short security.