Pimco Moditiesplus Strategy Fund Market Value
| PCLPX Fund | USD 6.55 0.01 0.15% |
| Symbol | Pimco |
Pimco Moditiesplus '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 Moditiesplus' 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 Moditiesplus.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Pimco Moditiesplus on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Pimco Moditiesplus Strategy or generate 0.0% return on investment in Pimco Moditiesplus over 90 days. Pimco Moditiesplus is related to or competes with Morgan Stanley, Balanced Allocation, Guidemark Large, Alternative Asset, Pnc Balanced, and Wasatch Large. The fund invests in commodity-linked derivative instruments backed by an actively managed, low volatility portfolio of F... More
Pimco Moditiesplus 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 Moditiesplus' 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 Moditiesplus Strategy upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7899 | |||
| Information Ratio | 0.202 | |||
| Maximum Drawdown | 4.4 | |||
| Value At Risk | (1.34) | |||
| Potential Upside | 1.1 |
Pimco Moditiesplus Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pimco Moditiesplus' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pimco Moditiesplus' standard deviation. In reality, there are many statistical measures that can use Pimco Moditiesplus historical prices to predict the future Pimco Moditiesplus' volatility.| Risk Adjusted Performance | 0.059 | |||
| Jensen Alpha | 0.0401 | |||
| Total Risk Alpha | 0.1359 | |||
| Sortino Ratio | 0.1914 | |||
| Treynor Ratio | (2.24) |
Pimco Moditiesplus Backtested Returns
At this stage we consider Pimco Mutual Fund to be not too volatile. Pimco Moditiesplus maintains Sharpe Ratio (i.e., Efficiency) of 0.0304, which implies the entity had a 0.0304 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Pimco Moditiesplus, which you can use to evaluate the volatility of the fund. Please check Pimco Moditiesplus' Risk Adjusted Performance of 0.059, coefficient of variation of 1435.48, and Semi Deviation of 0.6827 to confirm if the risk estimate we provide is consistent with the expected return of 0.0229%. The fund holds a Beta of -0.0188, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Pimco Moditiesplus are expected to decrease at a much lower rate. During the bear market, Pimco Moditiesplus is likely to outperform the market.
Auto-correlation | -0.62 |
Very good reverse predictability
Pimco Moditiesplus Strategy has very good reverse predictability. Overlapping area represents the amount of predictability between Pimco Moditiesplus time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th of March 2025. 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 Moditiesplus price movement. The serial correlation of -0.62 indicates that roughly 62.0% of current Pimco Moditiesplus price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.62 | |
| Spearman Rank Test | -0.79 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Pimco Moditiesplus lagged returns against current returns
Autocorrelation, which is Pimco Moditiesplus 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 Moditiesplus' mutual fund expected returns. We can calculate the autocorrelation of Pimco Moditiesplus returns to help us make a trade decision. For example, suppose you find that Pimco Moditiesplus 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 Moditiesplus 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 Moditiesplus mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pimco Moditiesplus 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 Moditiesplus mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Pimco Moditiesplus Lagged Returns
When evaluating Pimco Moditiesplus' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pimco Moditiesplus mutual fund have on its future price. Pimco Moditiesplus 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 Moditiesplus autocorrelation shows the relationship between Pimco Moditiesplus mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Pimco Moditiesplus Strategy.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Pimco Mutual Fund
Pimco Moditiesplus 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 Moditiesplus security.
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance |