Pimco Rafi Dynamic Etf Price on July 12, 2024

MFDX Etf  USD 29.52  0.01  0.03%   
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 29.52, as last reported on the 22nd of December, with the highest price reaching 29.71 and the lowest price hitting 29.23 during the day.
3 y Volatility
16.32
200 Day MA
30.736
1 y Volatility
11.41
50 Day MA
30.7207
Inception Date
2017-08-31
 
Covid
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-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PIMCO RAFI's risk adjusted performance of (0.14), and Coefficient Of Variation of (586.81) 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.

Sharpe Ratio = -0.1691

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Estimated Market Risk

 0.72
  actual daily
6
94% of assets are more volatile

Expected Return

 -0.12
  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

PIMCO RAFI Valuation on July 12, 2024

It is possible to determine the worth of PIMCO RAFI on a given historical date. On July 12, 2024 PIMCO was worth 30.74 at the beginning of the trading date compared to the closed value of 30.82. 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
  30.61    30.67    30.57    30.57    8,943  
07/12/2024
  30.74    30.89    30.74    30.82    8,326  
  30.79    30.79    30.65    30.66    22,509  
Backtest PIMCO RAFI  |  PIMCO RAFI History  |  PIMCO RAFI Valuation   PreviousNext  
Open Value
30.74
30.82
Closing Value
32.90
Upside

PIMCO RAFI Trading Date Momentum on July 12, 2024

On July 15 2024 PIMCO RAFI Dynamic was traded for  30.66  at the closing time. The top price for the day was 30.79  and the lowest listed price was  30.65 . The trading volume for the day was 22.5 K. The trading history from July 15, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.52% . The trading delta at closing time against the current closing price is 0.75% .

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.
A focus of PIMCO RAFI technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of PIMCO RAFI trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

PIMCO RAFI Period Price Range

Low
December 22, 2024
0.00  NaN%
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 22, 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.
When determining whether PIMCO RAFI Dynamic is a strong investment it is important to analyze PIMCO RAFI's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact PIMCO RAFI's future performance. For an informed investment choice regarding PIMCO Etf, refer to the following important reports:
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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
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.