Pimco All Mutual Fund Forecast - Polynomial Regression

PALPX Fund  USD 11.26  0.05  0.44%   
The Polynomial Regression forecasted value of Pimco All Asset on the next trading day is expected to be 11.40 with a mean absolute deviation of 0.06 and the sum of the absolute errors of 3.40. Pimco Mutual Fund Forecast is based on your current time horizon.
  
Pimco All polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Pimco All Asset as well as the accuracy indicators are determined from the period prices.

Pimco All Polynomial Regression Price Forecast For the 16th of December 2024

Given 90 days horizon, the Polynomial Regression forecasted value of Pimco All Asset on the next trading day is expected to be 11.40 with a mean absolute deviation of 0.06, mean absolute percentage error of 0, and the sum of the absolute errors of 3.40.
Please note that although there have been many attempts to predict Pimco Mutual Fund prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Pimco All's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Pimco All Mutual Fund Forecast Pattern

Backtest Pimco AllPimco All Price PredictionBuy or Sell Advice 

Pimco All Forecasted Value

In the context of forecasting Pimco All's Mutual Fund value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Pimco All's downside and upside margins for the forecasting period are 11.05 and 11.75, respectively. We have considered Pimco All's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value
11.26
11.40
Expected Value
11.75
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Pimco All mutual fund data series using in forecasting. Note that when a statistical model is used to represent Pimco All mutual fund, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.
AICAkaike Information Criteria112.6179
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0557
MAPEMean absolute percentage error0.0049
SAESum of the absolute errors3.3954
A single variable polynomial regression model attempts to put a curve through the Pimco All historical price points. Mathematically, assuming the independent variable is X and the dependent variable is Y, this line can be indicated as: Y = a0 + a1*X + a2*X2 + a3*X3 + ... + am*Xm

Predictive Modules for Pimco All

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Pimco All Asset. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
10.9111.2611.61
Details
Intrinsic
Valuation
LowRealHigh
10.9211.2711.62
Details
Bollinger
Band Projection (param)
LowMiddleHigh
11.2511.3411.43
Details

Other Forecasting Options for Pimco All

For every potential investor in Pimco, whether a beginner or expert, Pimco All's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Pimco Mutual Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Pimco. Basic forecasting techniques help filter out the noise by identifying Pimco All's price trends.

Pimco All Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Pimco All mutual fund to make a market-neutral strategy. Peer analysis of Pimco All could also be used in its relative valuation, which is a method of valuing Pimco All by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Pimco All Asset Technical and Predictive Analytics

The mutual fund market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Pimco All's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Pimco All's current price.

Pimco All Market Strength Events

Market strength indicators help investors to evaluate how Pimco All mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pimco All shares will generate the highest return on investment. By undertsting and applying Pimco All mutual fund market strength indicators, traders can identify Pimco All Asset entry and exit signals to maximize returns.

Pimco All Risk Indicators

The analysis of Pimco All's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Pimco All's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting pimco mutual fund prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

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 All 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 All security.
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