Aa Pimco Tr Fund Market Value
| PQTIX Fund | USD 10.17 0.06 0.59% |
| Symbol | PQTIX |
Aa Pimco '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 Aa Pimco'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 Aa Pimco.
| 06/01/2024 |
| 11/28/2024 |
If you would invest 0.00 in Aa Pimco on June 1, 2024 and sell it all today you would earn a total of 0.00 from holding Aa Pimco Tr or generate 0.0% return on investment in Aa Pimco over 180 days. Aa Pimco is related to or competes with Asg Managed, Asg Managed, Aqr Managed, IMGP DBi, and . The fund seeks to achieve its investment objective by pursuing a quantitative trading strategy intended to capture the p... More
Aa Pimco 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 Aa Pimco'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 Aa Pimco Tr upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.25) | |||
| Maximum Drawdown | 2.4 | |||
| Value At Risk | (1.07) | |||
| Potential Upside | 0.8016 |
Aa Pimco Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aa Pimco's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aa Pimco's standard deviation. In reality, there are many statistical measures that can use Aa Pimco historical prices to predict the future Aa Pimco's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | (0.11) |
Aa Pimco Tr Backtested Returns
Aa Pimco Tr retains Efficiency (Sharpe Ratio) of -0.0121, which signifies that the fund had a -0.0121% return per unit of price deviation over the last 3 months. Aa Pimco exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Aa Pimco's Variance of 0.3669, market risk adjusted performance of (0.10), and Information Ratio of (0.25) to double-check the risk estimate we provide. The fund owns a Beta (Systematic Risk) of 0.3, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Aa Pimco's returns are expected to increase less than the market. However, during the bear market, the loss of holding Aa Pimco is expected to be smaller as well.
Auto-correlation | 0.19 |
Very weak predictability
Aa Pimco Tr has very weak predictability. Overlapping area represents the amount of predictability between Aa Pimco time series from 1st of June 2024 to 30th of August 2024 and 30th of August 2024 to 28th 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 Aa Pimco Tr price movement. The serial correlation of 0.19 indicates that over 19.0% of current Aa Pimco price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.19 | |
| Spearman Rank Test | 0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Aa Pimco Tr lagged returns against current returns
Autocorrelation, which is Aa Pimco 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 Aa Pimco's mutual fund expected returns. We can calculate the autocorrelation of Aa Pimco returns to help us make a trade decision. For example, suppose you find that Aa Pimco 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 |
Aa Pimco 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 Aa Pimco mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aa Pimco mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aa Pimco mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Aa Pimco Lagged Returns
When evaluating Aa Pimco's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aa Pimco mutual fund have on its future price. Aa Pimco 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, Aa Pimco autocorrelation shows the relationship between Aa Pimco mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Aa Pimco Tr.
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 PQTIX Mutual Fund
Aa Pimco financial ratios help investors to determine whether PQTIX 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 PQTIX with respect to the benefits of owning Aa Pimco security.
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