Pimco Stocksplus Ar Fund Market Value

PSSCX Fund  USD 6.26  0.18  2.96%   
Pimco Stocksplus' market value is the price at which a share of Pimco Stocksplus trades on a public exchange. It measures the collective expectations of Pimco Stocksplus Ar investors about its performance. Pimco Stocksplus is trading at 6.26 as of the 22nd of December 2024; that is 2.96 percent increase since the beginning of the trading day. The fund's open price was 6.08.
With this module, you can estimate the performance of a buy and hold strategy of Pimco Stocksplus Ar and determine expected loss or profit from investing in Pimco Stocksplus over a given investment horizon. Check out Pimco Stocksplus Correlation, Pimco Stocksplus Volatility and Pimco Stocksplus Alpha and Beta module to complement your research on Pimco Stocksplus.
Symbol

Please note, there is a significant difference between Pimco Stocksplus' value and its price as these two are different measures arrived at by different means. Investors typically determine if Pimco Stocksplus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pimco Stocksplus' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Pimco Stocksplus '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 Stocksplus' 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 Stocksplus.
0.00
01/02/2023
No Change 0.00  0.0 
In 1 year 11 months and 22 days
12/22/2024
0.00
If you would invest  0.00  in Pimco Stocksplus on January 2, 2023 and sell it all today you would earn a total of 0.00 from holding Pimco Stocksplus Ar or generate 0.0% return on investment in Pimco Stocksplus over 720 days. Pimco Stocksplus is related to or competes with Pimco Rae, Pimco Rae, Pimco Rae, Pimco Rae, Pimco Foreign, Pimco Preferred, and Pimco Fundamental. The fund seeks to achieve its investment objective by investing primarily in short positions with respect to the SP 500 ... More

Pimco Stocksplus 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 Stocksplus' 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 Stocksplus Ar upside and downside potential and time the market with a certain degree of confidence.

Pimco Stocksplus Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Pimco Stocksplus' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pimco Stocksplus' standard deviation. In reality, there are many statistical measures that can use Pimco Stocksplus historical prices to predict the future Pimco Stocksplus' volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Pimco Stocksplus' 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.
Hype
Prediction
LowEstimatedHigh
5.576.266.95
Details
Intrinsic
Valuation
LowRealHigh
5.065.756.44
Details

Pimco Stocksplus Backtested Returns

Pimco Stocksplus maintains Sharpe Ratio (i.e., Efficiency) of -0.0283, which implies the entity had a -0.0283% return per unit of risk over the last 3 months. Pimco Stocksplus exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pimco Stocksplus' Risk Adjusted Performance of (0.02), coefficient of variation of (4,073), and Variance of 0.4745 to confirm the risk estimate we provide. The fund holds a Beta of -0.69, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Pimco Stocksplus are expected to decrease at a much lower rate. During the bear market, Pimco Stocksplus is likely to outperform the market.

Auto-correlation

    
  0.62  

Good predictability

Pimco Stocksplus Ar has good predictability. Overlapping area represents the amount of predictability between Pimco Stocksplus time series from 2nd of January 2023 to 28th of December 2023 and 28th of December 2023 to 22nd 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 Stocksplus price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current Pimco Stocksplus price fluctuation can be explain by its past prices.
Correlation Coefficient0.62
Spearman Rank Test0.63
Residual Average0.0
Price Variance0.1

Pimco Stocksplus lagged returns against current returns

Autocorrelation, which is Pimco Stocksplus 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 Stocksplus' mutual fund expected returns. We can calculate the autocorrelation of Pimco Stocksplus returns to help us make a trade decision. For example, suppose you find that Pimco Stocksplus 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 Stocksplus 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 Stocksplus mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pimco Stocksplus 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 Stocksplus mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Pimco Stocksplus Lagged Returns

When evaluating Pimco Stocksplus' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pimco Stocksplus mutual fund have on its future price. Pimco Stocksplus 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 Stocksplus autocorrelation shows the relationship between Pimco Stocksplus mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Pimco Stocksplus Ar.
   Regressed Prices   
       Timeline  

Also Currently Popular

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Other Information on Investing in Pimco Mutual Fund

Pimco Stocksplus 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 Stocksplus security.
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