Pimco Tactical Income Fund Probability of Future Fund Price Finishing Under 6.52
| PTO-UN Fund | 7.58 0.16 2.16% |
PIMCO |
PIMCO Tactical Target Price Odds to finish below 6.52
The tendency of PIMCO 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 6.52 or more in 90 days |
| 7.58 | 90 days | 6.52 | near 1 |
Based on a normal probability distribution, the odds of PIMCO Tactical to drop to 6.52 or more in 90 days from now is near 1 (This PIMCO Tactical Income probability density function shows the probability of PIMCO Fund to fall within a particular range of prices over 90 days) . Probability of PIMCO Tactical Income price to stay between 6.52 and its current price of 7.58 at the end of the 90-day period is about 13.78 .
Assuming the 90 days trading horizon PIMCO Tactical has a beta of 0.0261 indicating as returns on the market go up, PIMCO Tactical average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding PIMCO Tactical Income will be expected to be much smaller as well. Additionally PIMCO Tactical Income 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 Tactical Price Density |
| Price |
Predictive Modules for PIMCO Tactical
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 Tactical Income. Regardless of method or technology, however, to accurately forecast the fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of PIMCO Tactical's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
PIMCO Tactical Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. PIMCO Tactical is not an exception. The market had few large corrections towards the PIMCO Tactical'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 Tactical Income, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of PIMCO Tactical within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.05 | |
β | Beta against Dow Jones | 0.03 | |
σ | Overall volatility | 0.07 | |
Ir | Information ratio | -0.12 |
PIMCO Tactical 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 Tactical for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for PIMCO Tactical Income 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 Tactical generated a negative expected return over the last 90 days |
PIMCO Tactical Technical Analysis
PIMCO Tactical's future price can be derived by breaking down and analyzing its technical indicators over time. PIMCO Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of PIMCO Tactical Income. In general, you should focus on analyzing PIMCO Fund price patterns and their correlations with different microeconomic environments and drivers.
PIMCO Tactical Predictive Forecast Models
PIMCO Tactical's time-series forecasting models is one of many PIMCO Tactical's 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 Tactical'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 fund market movement and maximize returns from investment trading.
Things to note about PIMCO Tactical Income
Checking the ongoing alerts about PIMCO Tactical for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for PIMCO Tactical Income help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| PIMCO Tactical generated a negative expected return over the last 90 days |
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