Pimco Flexible Municipal Fund Probability of Future Mutual Fund Price Finishing Under 9.23
| PMAAX Fund | USD 10.23 0.02 0.20% |
Pimco |
Pimco Flexible Target Price Odds to finish below 9.23
The tendency of Pimco Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 9.23 or more in 90 days |
| 10.23 | 90 days | 9.23 | near 1 |
Based on a normal probability distribution, the odds of Pimco Flexible to drop to $ 9.23 or more in 90 days from now is near 1 (This Pimco Flexible Municipal probability density function shows the probability of Pimco Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Pimco Flexible Municipal price to stay between $ 9.23 and its current price of $10.23 at the end of the 90-day period is near 1 .
Assuming the 90 days horizon Pimco Flexible Municipal has a beta of -0.0414 indicating as returns on the benchmark increase, returns on holding Pimco Flexible are expected to decrease at a much lower rate. During a bear market, however, Pimco Flexible Municipal is likely to outperform the market. Additionally Pimco Flexible Municipal has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Pimco Flexible Price Density |
| Price |
Predictive Modules for Pimco Flexible
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 Flexible Municipal. 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.Pimco Flexible Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Pimco Flexible is not an exception. The market had few large corrections towards the Pimco Flexible's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Pimco Flexible Municipal, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Pimco Flexible within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.06 | |
β | Beta against Dow Jones | -0.04 | |
σ | Overall volatility | 0.10 | |
Ir | Information ratio | -0.23 |
Pimco Flexible Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Pimco Flexible for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Pimco Flexible Municipal can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Pimco Flexible generated a negative expected return over the last 90 days | |
| The fund generated five year return of -2.0% | |
| Pimco Flexible Municipal maintains 95.26% of its assets in stocks |
Pimco Flexible Technical Analysis
Pimco Flexible's future price can be derived by breaking down and analyzing its technical indicators over time. Pimco Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Pimco Flexible Municipal. In general, you should focus on analyzing Pimco Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Pimco Flexible Predictive Forecast Models
Pimco Flexible's time-series forecasting models is one of many Pimco Flexible's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Pimco Flexible's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.
Things to note about Pimco Flexible Municipal
Checking the ongoing alerts about Pimco Flexible for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Pimco Flexible Municipal help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Pimco Flexible generated a negative expected return over the last 90 days | |
| The fund generated five year return of -2.0% | |
| Pimco Flexible Municipal maintains 95.26% of its assets in stocks |
Other Information on Investing in Pimco Mutual Fund
Pimco Flexible 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 Flexible security.
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
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