Pimco Mortgage Backed Securities Etf Market Value
| PMBS Etf | USD 48.67 0.00 0.00% |
| Symbol | PIMCO |
The market value of PIMCO Mortgage Backed 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 Mortgage's value that differs from its market value or its book value, called intrinsic value, which is PIMCO Mortgage'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 Mortgage's market value can be influenced by many factors that don't directly affect PIMCO Mortgage'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 Mortgage's value and its price as these two are different measures arrived at by different means. Investors typically determine if PIMCO Mortgage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PIMCO Mortgage'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 Mortgage '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 Mortgage'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 Mortgage.
| 04/22/2025 |
| 07/21/2025 |
If you would invest 0.00 in PIMCO Mortgage on April 22, 2025 and sell it all today you would earn a total of 0.00 from holding PIMCO Mortgage Backed Securities or generate 0.0% return on investment in PIMCO Mortgage over 90 days. PIMCO Mortgage is related to or competes with JPMorgan Ultra, MicroSectors FANG, IPath Series, Main International, Global X, and Xtrackers California. PuraMed BioScience, Inc. focuses on developing and marketing non-prescription medicinal and healthcare products in the U... More
PIMCO Mortgage 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 Mortgage'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 Mortgage Backed Securities upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.352 | |||
| Information Ratio | (0.33) | |||
| Maximum Drawdown | 1.43 | |||
| Value At Risk | (0.52) | |||
| Potential Upside | 0.5261 |
PIMCO Mortgage Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PIMCO Mortgage's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PIMCO Mortgage's standard deviation. In reality, there are many statistical measures that can use PIMCO Mortgage historical prices to predict the future PIMCO Mortgage's volatility.| Risk Adjusted Performance | 0.0678 | |||
| Jensen Alpha | 0.0108 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.31) | |||
| Treynor Ratio | 0.2772 |
PIMCO Mortgage Backed Backtested Returns
Currently, PIMCO Mortgage Backed Securities is very steady. PIMCO Mortgage Backed maintains Sharpe Ratio (i.e., Efficiency) of 0.13, which implies the entity had a 0.13 % return per unit of volatility over the last 3 months. We have found twenty-six technical indicators for PIMCO Mortgage Backed, which you can use to evaluate the volatility of the etf. Please check PIMCO Mortgage's semi deviation of 0.2828, and Risk Adjusted Performance of 0.0678 to confirm if the risk estimate we provide is consistent with the expected return of 0.0419%. The etf holds a Beta of 0.074, which implies not very significant fluctuations relative to the market. As returns on the market increase, PIMCO Mortgage's returns are expected to increase less than the market. However, during the bear market, the loss of holding PIMCO Mortgage is expected to be smaller as well.
Auto-correlation | -0.14 |
Insignificant reverse predictability
PIMCO Mortgage Backed Securities has insignificant reverse predictability. Overlapping area represents the amount of predictability between PIMCO Mortgage time series from 22nd of April 2025 to 6th of June 2025 and 6th of June 2025 to 21st of July 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 Mortgage Backed price movement. The serial correlation of -0.14 indicates that less than 14.0% of current PIMCO Mortgage price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.14 | |
| Spearman Rank Test | 0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
PIMCO Mortgage Backed lagged returns against current returns
Autocorrelation, which is PIMCO Mortgage 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 Mortgage's etf expected returns. We can calculate the autocorrelation of PIMCO Mortgage returns to help us make a trade decision. For example, suppose you find that PIMCO Mortgage 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 Mortgage 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 Mortgage etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PIMCO Mortgage etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PIMCO Mortgage etf over time.
Current vs Lagged Prices |
| Timeline |
PIMCO Mortgage Lagged Returns
When evaluating PIMCO Mortgage's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PIMCO Mortgage etf have on its future price. PIMCO Mortgage 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 Mortgage autocorrelation shows the relationship between PIMCO Mortgage etf current value and its past values and can show if there is a momentum factor associated with investing in PIMCO Mortgage Backed Securities.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Check out PIMCO Mortgage Correlation, PIMCO Mortgage Volatility and PIMCO Mortgage Alpha and Beta module to complement your research on PIMCO Mortgage. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
PIMCO Mortgage 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.