Pimco 1 5 Year Etf Market Value
| STPZ Etf | USD 51.26 0.04 0.08% |
| Symbol | PIMCO |
The market value of PIMCO 1 5 is measured differently than its book value, which is the value of PIMCO that is recorded on the company's balance sheet. Investors also form their own opinion of PIMCO 1's value that differs from its market value or its book value, called intrinsic value, which is PIMCO 1's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because PIMCO 1's market value can be influenced by many factors that don't directly affect PIMCO 1's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between PIMCO 1's value and its price as these two are different measures arrived at by different means. Investors typically determine if PIMCO 1 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PIMCO 1'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 1 '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 1'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 1.
| 10/26/2022 |
| 04/18/2024 |
If you would invest 0.00 in PIMCO 1 on October 26, 2022 and sell it all today you would earn a total of 0.00 from holding PIMCO 1 5 Year or generate 0.0% return on investment in PIMCO 1 over 540 days. PIMCO 1 is related to or competes with IShares IBoxx, IShares 1, IShares 7, IShares Core, and IShares IBoxx. The fund invests at least 80 percent of its total assets in the component securities of the ICE BofA 1-5 Year US Inflati... More
PIMCO 1 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 1'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 1 5 Year upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.36) | |||
| Maximum Drawdown | 0.8196 | |||
| Value At Risk | (0.27) | |||
| Potential Upside | 0.2356 |
PIMCO 1 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PIMCO 1's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PIMCO 1's standard deviation. In reality, there are many statistical measures that can use PIMCO 1 historical prices to predict the future PIMCO 1's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.02) | |||
| Treynor Ratio | (0.15) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of PIMCO 1'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 1 5 Backtested Returns
We consider PIMCO 1 very steady. PIMCO 1 5 maintains Sharpe Ratio (i.e., Efficiency) of 0.0344, which implies the entity had a 0.0344% return per unit of volatility over the last 3 months. We have found twenty-three technical indicators for PIMCO 1 5, which you can use to evaluate the volatility of the etf. Please check PIMCO 1's risk adjusted performance of (0.03), and Coefficient Of Variation of (14,898) to confirm if the risk estimate we provide is consistent with the expected return of 0.0054%. The etf holds a Beta of 0.0741, which implies not very significant fluctuations relative to the market. As returns on the market increase, PIMCO 1's returns are expected to increase less than the market. However, during the bear market, the loss of holding PIMCO 1 is expected to be smaller as well.
Auto-correlation | 0.81 |
Very good predictability
PIMCO 1 5 Year has very good predictability. Overlapping area represents the amount of predictability between PIMCO 1 time series from 26th of October 2022 to 23rd of July 2023 and 23rd of July 2023 to 18th 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 1 5 price movement. The serial correlation of 0.81 indicates that around 81.0% of current PIMCO 1 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.81 | |
| Spearman Rank Test | 0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 0.42 |
PIMCO 1 5 lagged returns against current returns
Autocorrelation, which is PIMCO 1 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 1's etf expected returns. We can calculate the autocorrelation of PIMCO 1 returns to help us make a trade decision. For example, suppose you find that PIMCO 1 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 1 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 1 etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PIMCO 1 etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PIMCO 1 etf over time.
Current vs Lagged Prices |
| Timeline |
PIMCO 1 Lagged Returns
When evaluating PIMCO 1's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PIMCO 1 etf have on its future price. PIMCO 1 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 1 autocorrelation shows the relationship between PIMCO 1 etf current value and its past values and can show if there is a momentum factor associated with investing in PIMCO 1 5 Year.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards PIMCO 1 in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, PIMCO 1's short interest history, or implied volatility extrapolated from PIMCO 1 options trading.
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When determining whether PIMCO 1 5 offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of PIMCO 1's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Pimco 1 5 Year Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Pimco 1 5 Year Etf:Check out PIMCO 1 Correlation, PIMCO 1 Volatility and PIMCO 1 Alpha and Beta module to complement your research on PIMCO 1. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
PIMCO 1 technical etf 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, etf market cycles, or different charting patterns.