Pimco Investment Grade Fund Market Value
| PBDPX Fund | USD 9.08 0.03 0.33% |
| Symbol | Pimco |
Pimco Investment '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 Investment'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 Pimco Investment.
| 12/07/2023 |
| 12/01/2024 |
If you would invest 0.00 in Pimco Investment on December 7, 2023 and sell it all today you would earn a total of 0.00 from holding Pimco Investment Grade or generate 0.0% return on investment in Pimco Investment over 360 days. Pimco Investment is related to or competes with Pimco Rae, Pimco Rae, Pimco Rae, Pimco Rae, Pimco Foreign, Pimco Preferred, and Pimco Fundamental. The fund normally invests at least 80 percent of its assets in a diversified portfolio of investment grade fixed income ... More
Pimco Investment 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 Investment'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 Pimco Investment Grade upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.3503 | |||
| Information Ratio | (0.43) | |||
| Maximum Drawdown | 1.45 | |||
| Value At Risk | (0.65) | |||
| Potential Upside | 0.441 |
Pimco Investment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pimco Investment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pimco Investment's standard deviation. In reality, there are many statistical measures that can use Pimco Investment historical prices to predict the future Pimco Investment's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.39) | |||
| Treynor Ratio | 0.2694 |
Pimco Investment Grade Backtested Returns
Pimco Investment Grade maintains Sharpe Ratio (i.e., Efficiency) of -0.0093, which implies the entity had a -0.0093% return per unit of risk over the last 3 months. Pimco Investment Grade exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pimco Investment's Coefficient Of Variation of 14626.82, risk adjusted performance of (0.01), and Semi Deviation of 0.2899 to confirm the risk estimate we provide. The fund holds a Beta of -0.0291, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Pimco Investment are expected to decrease at a much lower rate. During the bear market, Pimco Investment is likely to outperform the market.
Auto-correlation | -0.01 |
Very weak reverse predictability
Pimco Investment Grade has very weak reverse predictability. Overlapping area represents the amount of predictability between Pimco Investment time series from 7th of December 2023 to 4th of June 2024 and 4th of June 2024 to 1st of December 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 Pimco Investment Grade price movement. The serial correlation of -0.01 indicates that just 1.0% of current Pimco Investment price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.01 | |
| Spearman Rank Test | -0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Pimco Investment Grade lagged returns against current returns
Autocorrelation, which is Pimco Investment 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 Pimco Investment's mutual fund expected returns. We can calculate the autocorrelation of Pimco Investment returns to help us make a trade decision. For example, suppose you find that Pimco Investment 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 |
Pimco Investment 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 Investment mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pimco Investment mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pimco Investment mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Pimco Investment Lagged Returns
When evaluating Pimco Investment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pimco Investment mutual fund have on its future price. Pimco Investment 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 Investment autocorrelation shows the relationship between Pimco Investment mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Pimco Investment Grade.
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 Pimco Mutual Fund
Pimco Investment 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 Investment security.
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