Pimco Energy Tactical Fund Market Value
| PDX Fund | 26.29 0.24 0.92% |
| Symbol | Pimco |
Pimco Energy '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 Energy's 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 Energy.
| 11/06/2024 |
| 01/05/2025 |
If you would invest 0.00 in Pimco Energy on November 6, 2024 and sell it all today you would earn a total of 0.00 from holding Pimco Energy Tactical or generate 0.0% return on investment in Pimco Energy over 60 days. Pimco Energy is related to or competes with Virtus Multi-sector, Alpine Ultra, Barings Active, Calvert Short, and Siit Ultra. More
Pimco Energy 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 Energy's 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 Energy Tactical upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9189 | |||
| Information Ratio | 0.1375 | |||
| Maximum Drawdown | 5.96 | |||
| Value At Risk | (1.47) | |||
| Potential Upside | 2.5 |
Pimco Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pimco Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pimco Energy's standard deviation. In reality, there are many statistical measures that can use Pimco Energy historical prices to predict the future Pimco Energy's volatility.| Risk Adjusted Performance | 0.1294 | |||
| Jensen Alpha | 0.1855 | |||
| Total Risk Alpha | 0.1693 | |||
| Sortino Ratio | 0.192 | |||
| Treynor Ratio | 0.7031 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Pimco Energy's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Pimco Energy Tactical Backtested Returns
Pimco Energy appears to be very steady, given 3 months investment horizon. Pimco Energy Tactical maintains Sharpe Ratio (i.e., Efficiency) of 0.15, which implies the entity had a 0.15% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Pimco Energy Tactical, which you can use to evaluate the volatility of the fund. Please evaluate Pimco Energy's Coefficient Of Variation of 645.51, risk adjusted performance of 0.1294, and Semi Deviation of 0.7231 to confirm if our risk estimates are consistent with your expectations. The fund holds a Beta of 0.27, which implies not very significant fluctuations relative to the market. As returns on the market increase, Pimco Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pimco Energy is expected to be smaller as well.
Auto-correlation | 0.02 |
Virtually no predictability
Pimco Energy Tactical has virtually no predictability. Overlapping area represents the amount of predictability between Pimco Energy time series from 6th of November 2024 to 6th of December 2024 and 6th of December 2024 to 5th of January 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 Energy Tactical price movement. The serial correlation of 0.02 indicates that only 2.0% of current Pimco Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.02 | |
| Spearman Rank Test | 0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.47 |
Pimco Energy Tactical lagged returns against current returns
Autocorrelation, which is Pimco Energy 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 Energy's fund expected returns. We can calculate the autocorrelation of Pimco Energy returns to help us make a trade decision. For example, suppose you find that Pimco Energy has exhibited high autocorrelation historically, and you observe that the 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 Energy 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 Energy fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pimco Energy fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pimco Energy fund over time.
Current vs Lagged Prices |
| Timeline |
Pimco Energy Lagged Returns
When evaluating Pimco Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pimco Energy fund have on its future price. Pimco Energy 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 Energy autocorrelation shows the relationship between Pimco Energy fund current value and its past values and can show if there is a momentum factor associated with investing in Pimco Energy Tactical.
Regressed Prices |
| Timeline |
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Other Information on Investing in Pimco Fund
Pimco Energy 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 Energy security.
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| Analyst Advice Analyst recommendations and target price estimates broken down by several categories |