Pimco Municipal Income Fund Probability of Future Fund Price Finishing Under 9.06
| PMF Fund | USD 9.37 0.15 1.58% |
Pimco |
Pimco Municipal Target Price Odds to finish below 9.06
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 $ 9.06 or more in 90 days |
| 9.37 | 90 days | 9.06 | near 1 |
Based on a normal probability distribution, the odds of Pimco Municipal to drop to $ 9.06 or more in 90 days from now is near 1 (This Pimco Municipal Income probability density function shows the probability of Pimco Fund to fall within a particular range of prices over 90 days) . Probability of Pimco Municipal Income price to stay between $ 9.06 and its current price of $9.37 at the end of the 90-day period is under 4.
Considering the 90-day investment horizon Pimco Municipal has a beta of 0.15 indicating as returns on the market go up, Pimco Municipal average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Pimco Municipal Income will be expected to be much smaller as well. Additionally Pimco Municipal 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 Municipal Price Density |
| Price |
Predictive Modules for Pimco Municipal
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 Municipal 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.Pimco Municipal Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Pimco Municipal is not an exception. The market had few large corrections towards the Pimco Municipal'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 Municipal Income, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Pimco Municipal within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.06 | |
β | Beta against Dow Jones | 0.15 | |
σ | Overall volatility | 0.21 | |
Ir | Information ratio | -0.13 |
Pimco Municipal 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 Municipal for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Pimco Municipal 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 Municipal generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Investment Analysis - Stock Traders Daily | |
| Pimco Municipal Income generated five year return of -1.0% |
Pimco Municipal Technical Analysis
Pimco Municipal'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 Municipal Income. In general, you should focus on analyzing Pimco Fund price patterns and their correlations with different microeconomic environments and drivers.
Pimco Municipal Predictive Forecast Models
Pimco Municipal's time-series forecasting models is one of many Pimco Municipal'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 Municipal'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 Municipal Income
Checking the ongoing alerts about Pimco Municipal for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Pimco Municipal Income help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Pimco Municipal generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Investment Analysis - Stock Traders Daily | |
| Pimco Municipal Income generated five year return of -1.0% |
Other Information on Investing in Pimco Fund
Pimco Municipal financial ratios help investors to determine whether Pimco 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 Municipal security.
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