Pimco Dividend And Fund Market Value
| PQIIX Fund | USD 12.17 0.07 0.58% |
| Symbol | Pimco |
Pimco Dividend '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 Dividend'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 Dividend.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in Pimco Dividend on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding Pimco Dividend And or generate 0.0% return on investment in Pimco Dividend over 30 days. Pimco Dividend is related to or competes with Pimco Rae, Pimco Rae, Pimco Rae, Pimco Rae, Pimco Foreign, Pimco Preferred, and Pimco Fundamental. The fund seeks to achieve its investment objective by investing under normal circumstances at least 80 percent of its assets in a diversified portfolio of income-producing investments, and will typically invest between 35-65 percent of its assets in equity and equity-related securities selected in accordance with PIMCOs systematic equity income strategy. More
Pimco Dividend 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 Dividend'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 Dividend And upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6311 | |||
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 2.91 | |||
| Value At Risk | (0.83) | |||
| Potential Upside | 0.5887 |
Pimco Dividend Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pimco Dividend's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pimco Dividend's standard deviation. In reality, there are many statistical measures that can use Pimco Dividend historical prices to predict the future Pimco Dividend's volatility.| Risk Adjusted Performance | 0.0421 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | 0.0404 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Pimco Dividend'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 Dividend And Backtested Returns
We consider Pimco Dividend very steady. Pimco Dividend And maintains Sharpe Ratio (i.e., Efficiency) of 0.0728, which implies the entity had a 0.0728% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Pimco Dividend And, which you can use to evaluate the volatility of the fund. Please check Pimco Dividend's Semi Deviation of 0.48, coefficient of variation of 1353.42, and Risk Adjusted Performance of 0.0421 to confirm if the risk estimate we provide is consistent with the expected return of 0.0346%. The fund holds a Beta of 0.59, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Pimco Dividend's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pimco Dividend is expected to be smaller as well.
Auto-correlation | 0.17 |
Very weak predictability
Pimco Dividend And has very weak predictability. Overlapping area represents the amount of predictability between Pimco Dividend time series from 25th of March 2024 to 9th of April 2024 and 9th of April 2024 to 24th of April 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 Dividend And price movement. The serial correlation of 0.17 indicates that over 17.0% of current Pimco Dividend price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.17 | |
| Spearman Rank Test | -0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Pimco Dividend And lagged returns against current returns
Autocorrelation, which is Pimco Dividend 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 Dividend's mutual fund expected returns. We can calculate the autocorrelation of Pimco Dividend returns to help us make a trade decision. For example, suppose you find that Pimco Dividend 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 Dividend 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 Dividend mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pimco Dividend 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 Dividend mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Pimco Dividend Lagged Returns
When evaluating Pimco Dividend's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pimco Dividend mutual fund have on its future price. Pimco Dividend 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 Dividend autocorrelation shows the relationship between Pimco Dividend mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Pimco Dividend And.
Regressed Prices |
| Timeline |
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Pimco Dividend technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.