Pimco Dynamic Bond Fund Market Value
| PFNUX Fund | USD 9.98 0.01 0.10% |
| Symbol | Pimco |
Pimco Dynamic '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 Dynamic's 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 Dynamic.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Pimco Dynamic on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Pimco Dynamic Bond or generate 0.0% return on investment in Pimco Dynamic over 30 days. Pimco Dynamic is related to or competes with Gmo Resources, Firsthand Alternative, World Energy, Calvert Global, Hennessy, Energy Services, and Icon Natural. The fund invests at least 80 percent of its assets in a diversified portfolio of Fixed Income Instruments of varying mat... More
Pimco Dynamic 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 Dynamic's 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 Dynamic Bond upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1447 | |||
| Information Ratio | (0.75) | |||
| Maximum Drawdown | 0.7088 | |||
| Value At Risk | (0.10) | |||
| Potential Upside | 0.3012 |
Pimco Dynamic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pimco Dynamic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pimco Dynamic's standard deviation. In reality, there are many statistical measures that can use Pimco Dynamic historical prices to predict the future Pimco Dynamic's volatility.| Risk Adjusted Performance | 0.1145 | |||
| Jensen Alpha | 0.0104 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | (0.68) | |||
| Treynor Ratio | 0.2822 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Pimco Dynamic'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 Dynamic Bond Backtested Returns
At this stage we consider Pimco Mutual Fund to be very steady. Pimco Dynamic Bond maintains Sharpe Ratio (i.e., Efficiency) of 0.2, which implies the entity had a 0.2% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Pimco Dynamic Bond, which you can use to evaluate the volatility of the fund. Please check Pimco Dynamic's Standard Deviation of 0.1295, downside deviation of 0.1447, and Risk Adjusted Performance of 0.1145 to confirm if the risk estimate we provide is consistent with the expected return of 0.0241%. The fund holds a Beta of 0.0626, which implies not very significant fluctuations relative to the market. As returns on the market increase, Pimco Dynamic's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pimco Dynamic is expected to be smaller as well.
Auto-correlation | 0.84 |
Very good predictability
Pimco Dynamic Bond has very good predictability. Overlapping area represents the amount of predictability between Pimco Dynamic time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th of November 2024. 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 Dynamic Bond price movement. The serial correlation of 0.84 indicates that around 84.0% of current Pimco Dynamic price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.84 | |
| Spearman Rank Test | 0.85 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Pimco Dynamic Bond lagged returns against current returns
Autocorrelation, which is Pimco Dynamic 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 Dynamic's mutual fund expected returns. We can calculate the autocorrelation of Pimco Dynamic returns to help us make a trade decision. For example, suppose you find that Pimco Dynamic 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 Dynamic 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 Dynamic mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pimco Dynamic 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 Dynamic mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Pimco Dynamic Lagged Returns
When evaluating Pimco Dynamic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pimco Dynamic mutual fund have on its future price. Pimco Dynamic 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 Dynamic autocorrelation shows the relationship between Pimco Dynamic mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Pimco Dynamic Bond.
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 Dynamic 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 Dynamic security.
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