Pimco Rafi Dynamic Etf Price on June 25, 2024
| MFDX Etf | USD 29.53 0.03 0.10% |
Below is the normalized historical share price chart for PIMCO RAFI Dynamic extending back to September 06, 2017. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of PIMCO RAFI stands at 29.53, as last reported on the 20th of December, with the highest price reaching 29.53 and the lowest price hitting 29.53 during the day.
If you're considering investing in PIMCO Etf, it is important to understand the factors that can impact its price. PIMCO RAFI Dynamic maintains Sharpe Ratio (i.e., Efficiency) of -0.17, which implies the entity had a -0.17% return per unit of volatility over the last 3 months. PIMCO RAFI Dynamic exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PIMCO RAFI's risk adjusted performance of (0.10), and Coefficient Of Variation of (771.33) to confirm the risk estimate we provide.
PIMCO Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 16.32 | 200 Day MA 30.7438 | 1 y Volatility 11.41 | 50 Day MA 30.8025 | Inception Date 2017-08-31 |
PIMCO |
Sharpe Ratio = -0.171
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | MFDX |
Estimated Market Risk
| 0.73 actual daily | 6 94% of assets are more volatile |
Expected Return
| -0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average PIMCO RAFI is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of PIMCO RAFI by adding PIMCO RAFI to a well-diversified portfolio.
Average Mkt Cap Mil 23.9 K |
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PIMCO RAFI Valuation on June 25, 2024
It is possible to determine the worth of PIMCO RAFI on a given historical date. On June 25, 2024 PIMCO was worth 29.71 at the beginning of the trading date compared to the closed value of 29.78. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of PIMCO RAFI etf. Still, in general, we apply an absolute valuation method to find PIMCO RAFI's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of PIMCO RAFI where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against PIMCO RAFI's related companies.
| Open | High | Low | Close | Volume | |
| 29.71 | 29.86 | 29.71 | 29.76 | 9,843 | |
06/25/2024 | 29.71 | 29.78 | 29.68 | 29.78 | 5,080 |
| 29.49 | 29.58 | 29.49 | 29.58 | 13,452 |
| Backtest PIMCO RAFI | | | PIMCO RAFI History | | | PIMCO RAFI Valuation | Previous | Next |
PIMCO RAFI Trading Date Momentum on June 25, 2024
| On June 26 2024 PIMCO RAFI Dynamic was traded for 29.58 at the closing time. The top price for the day was 29.58 and the lowest listed price was 29.49 . The trading volume for the day was 13.5 K. The trading history from June 26, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.67% . The trading delta at closing time against the current closing price is 1.71% . |
PIMCO RAFI Dynamic Fundamentals Correlations and Trends
By evaluating PIMCO RAFI's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among PIMCO RAFI's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. PIMCO financial account trend analysis is a perfect complement when working with valuation or volatility modules.About PIMCO RAFI Etf history
PIMCO RAFI investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for PIMCO is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in PIMCO RAFI Dynamic will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing PIMCO RAFI stock prices may prove useful in developing a viable investing in PIMCO RAFI
The fund seeks to achieve its investment objective by investing at least 80 percent of its total assets in the component securities of the RAFI Dynamic Multi-Factor Developed Ex-U.S. Pimco RAFI is traded on NYSEARCA Exchange in the United States.
PIMCO RAFI Etf Technical Analysis
PIMCO RAFI technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
PIMCO RAFI Period Price Range
Low | December 20, 2024
| High |
0.00 | 0.00 |
PIMCO RAFI Dynamic cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
PIMCO RAFI December 20, 2024 Market Strength
Market strength indicators help investors to evaluate how PIMCO RAFI etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PIMCO RAFI shares will generate the highest return on investment. By undertsting and applying PIMCO RAFI etf market strength indicators, traders can identify PIMCO RAFI Dynamic entry and exit signals to maximize returns
PIMCO RAFI Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for PIMCO RAFI's price direction in advance. Along with the technical and fundamental analysis of PIMCO Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of PIMCO to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | (0.26) |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in PIMCO RAFI Dynamic. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
The market value of PIMCO RAFI Dynamic is measured differently than its book value, which is the value of PIMCO that is recorded on the company's balance sheet. Investors also form their own opinion of PIMCO RAFI's value that differs from its market value or its book value, called intrinsic value, which is PIMCO RAFI's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because PIMCO RAFI's market value can be influenced by many factors that don't directly affect PIMCO RAFI's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between PIMCO RAFI's value and its price as these two are different measures arrived at by different means. Investors typically determine if PIMCO RAFI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PIMCO RAFI's 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.