Pimco Fundamental Advantage Fund Pattern Recognition Long Legged Doji

PTFAX Fund  USD 7.68  0.02  0.26%   
Pimco Fundamental pattern recognition tool provides the execution environment for running the Long Legged Doji recognition and other technical functions against Pimco Fundamental. Pimco Fundamental value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of pattern recognition indicators. As with most other technical indicators, the Long Legged Doji recognition function is designed to identify and follow existing trends. Pimco Fundamental momentum indicators are usually used to generate trading rules based on assumptions that Pimco Fundamental trends in prices tend to continue for long periods.

Recognition
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was ten with a total number of output elements of fifty-one. The function did not return any valid pattern recognition events for the selected time horizon. The Long Legged Doji pattern shows Pimco Fundamental trend that describe the indecision of the buyers and sellers.

Pimco Fundamental Technical Analysis Modules

Most technical analysis of Pimco Fundamental help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Pimco from various momentum indicators to cycle indicators. When you analyze Pimco charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Pimco Fundamental Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Pimco Fundamental Advantage. We use our internally-developed statistical techniques to arrive at the intrinsic value of Pimco Fundamental Advantage based on widely used predictive technical indicators. In general, we focus on analyzing Pimco Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Pimco Fundamental's daily price indicators and compare them against related drivers, such as pattern recognition and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Pimco Fundamental's intrinsic value. In addition to deriving basic predictive indicators for Pimco Fundamental, we also check how macroeconomic factors affect Pimco Fundamental price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
7.187.688.18
Details
Intrinsic
Valuation
LowRealHigh
7.187.688.18
Details
Naive
Forecast
LowNextHigh
7.187.688.17
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
7.597.647.69
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Pimco Fundamental. Your research has to be compared to or analyzed against Pimco Fundamental's peers to derive any actionable benefits. When done correctly, Pimco Fundamental's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Pimco Fundamental.

Learn to be your own money manager

As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

Did you try this?

Run Sectors Now

   

Sectors

List of equity sectors categorizing publicly traded companies based on their primary business activities
All  Next Launch Module

Pimco Fundamental pair trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Pimco Fundamental position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Pimco Fundamental will appreciate offsetting losses from the drop in the long position's value.

Pimco Fundamental Pair Trading

Pimco Fundamental Advantage Pair Trading Analysis

The ability to find closely correlated positions to Pimco Fundamental could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pimco Fundamental when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Pimco Fundamental - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Pimco Fundamental Advantage to buy it.
The correlation of Pimco Fundamental is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Pimco Fundamental moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pimco Fundamental moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Pimco Fundamental can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Pimco Mutual Fund

Pimco Fundamental 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 Fundamental security.
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings