Pimco Emerging Markets Fund Market Value
| PFSIX Fund | USD 6.12 0.02 0.33% |
| Symbol | Pimco |
Pimco Emerging '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 Emerging'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 Emerging.
| 05/14/2024 |
| 11/10/2024 |
If you would invest 0.00 in Pimco Emerging on May 14, 2024 and sell it all today you would earn a total of 0.00 from holding Pimco Emerging Markets or generate 0.0% return on investment in Pimco Emerging over 180 days. Pimco Emerging is related to or competes with Pimco Rae, Pimco Rae, Pimco Rae, Pimco Rae, Pimco Foreign, Pimco Preferred, and Pimco Fundamental. The fund invests under normal circumstances at least 80 percent of its assets in investments economically tied to emergi... More
Pimco Emerging 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 Emerging'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 Emerging Markets upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.3164 | |||
| Information Ratio | (0.43) | |||
| Maximum Drawdown | 1.15 | |||
| Value At Risk | (0.49) | |||
| Potential Upside | 0.4942 |
Pimco Emerging Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pimco Emerging's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pimco Emerging's standard deviation. In reality, there are many statistical measures that can use Pimco Emerging historical prices to predict the future Pimco Emerging's volatility.| Risk Adjusted Performance | 0.0456 | |||
| Jensen Alpha | 0.0103 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.45) | |||
| Treynor Ratio | 0.4755 |
Pimco Emerging Markets Backtested Returns
At this stage we consider Pimco Mutual Fund to be very steady. Pimco Emerging Markets maintains Sharpe Ratio (i.e., Efficiency) of 0.0629, which implies the entity had a 0.0629% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Pimco Emerging Markets, which you can use to evaluate the volatility of the fund. Please check Pimco Emerging's Coefficient Of Variation of 1294.57, semi deviation of 0.2014, and Risk Adjusted Performance of 0.0456 to confirm if the risk estimate we provide is consistent with the expected return of 0.0208%. The fund holds a Beta of 0.0326, which implies not very significant fluctuations relative to the market. As returns on the market increase, Pimco Emerging's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pimco Emerging is expected to be smaller as well.
Auto-correlation | -0.53 |
Good reverse predictability
Pimco Emerging Markets has good reverse predictability. Overlapping area represents the amount of predictability between Pimco Emerging time series from 14th of May 2024 to 12th of August 2024 and 12th of August 2024 to 10th 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 Emerging Markets price movement. The serial correlation of -0.53 indicates that about 53.0% of current Pimco Emerging price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.53 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Pimco Emerging Markets lagged returns against current returns
Autocorrelation, which is Pimco Emerging 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 Emerging's mutual fund expected returns. We can calculate the autocorrelation of Pimco Emerging returns to help us make a trade decision. For example, suppose you find that Pimco Emerging 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 Emerging 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 Emerging mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pimco Emerging 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 Emerging mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Pimco Emerging Lagged Returns
When evaluating Pimco Emerging's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pimco Emerging mutual fund have on its future price. Pimco Emerging 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 Emerging autocorrelation shows the relationship between Pimco Emerging mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Pimco Emerging Markets.
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 Emerging 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 Emerging security.
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Commodity Directory Find actively traded commodities issued by global exchanges |