Pimco Stocksplus International Fund Market Value
| PISNX Fund | USD 8.47 0.03 0.36% |
| Symbol | Pimco |
Pimco Stocksplus '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 Stocksplus' 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 Stocksplus.
| 11/21/2024 |
| 12/21/2024 |
If you would invest 0.00 in Pimco Stocksplus on November 21, 2024 and sell it all today you would earn a total of 0.00 from holding Pimco Stocksplus International or generate 0.0% return on investment in Pimco Stocksplus over 30 days. Pimco Stocksplus is related to or competes with Pimco Rae, Pimco Rae, Pimco Rae, Pimco Rae, Pimco Foreign, Pimco Preferred, and Pimco Fundamental. The fund seeks to exceed the total return of the Morgan Stanley Capital International Europe, Australasia and Far East I... More
Pimco Stocksplus 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 Stocksplus' 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 Stocksplus International upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6544 | |||
| Information Ratio | 0.0222 | |||
| Maximum Drawdown | 2.65 | |||
| Value At Risk | (1.08) | |||
| Potential Upside | 0.965 |
Pimco Stocksplus Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pimco Stocksplus' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pimco Stocksplus' standard deviation. In reality, there are many statistical measures that can use Pimco Stocksplus historical prices to predict the future Pimco Stocksplus' volatility.| Risk Adjusted Performance | 0.0573 | |||
| Jensen Alpha | 0.0337 | |||
| Total Risk Alpha | 0.0187 | |||
| Sortino Ratio | 0.02 | |||
| Treynor Ratio | 0.4942 |
Pimco Stocksplus Int Backtested Returns
At this stage we consider Pimco Mutual Fund to be very steady. Pimco Stocksplus Int maintains Sharpe Ratio (i.e., Efficiency) of 0.0544, which implies the entity had a 0.0544% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Pimco Stocksplus Int, which you can use to evaluate the volatility of the fund. Please check Pimco Stocksplus' Risk Adjusted Performance of 0.0573, coefficient of variation of 1305.32, and Semi Deviation of 0.5366 to confirm if the risk estimate we provide is consistent with the expected return of 0.0314%. The fund holds a Beta of 0.0714, which implies not very significant fluctuations relative to the market. As returns on the market increase, Pimco Stocksplus' returns are expected to increase less than the market. However, during the bear market, the loss of holding Pimco Stocksplus is expected to be smaller as well.
Auto-correlation | -0.77 |
Almost perfect reverse predictability
Pimco Stocksplus International has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Pimco Stocksplus time series from 21st of November 2024 to 6th of December 2024 and 6th of December 2024 to 21st of December 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 Stocksplus Int price movement. The serial correlation of -0.77 indicates that around 77.0% of current Pimco Stocksplus price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.77 | |
| Spearman Rank Test | -0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Pimco Stocksplus Int lagged returns against current returns
Autocorrelation, which is Pimco Stocksplus 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 Stocksplus' mutual fund expected returns. We can calculate the autocorrelation of Pimco Stocksplus returns to help us make a trade decision. For example, suppose you find that Pimco Stocksplus 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 Stocksplus 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 Stocksplus mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pimco Stocksplus 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 Stocksplus mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Pimco Stocksplus Lagged Returns
When evaluating Pimco Stocksplus' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pimco Stocksplus mutual fund have on its future price. Pimco Stocksplus 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 Stocksplus autocorrelation shows the relationship between Pimco Stocksplus mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Pimco Stocksplus International.
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 Stocksplus 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 Stocksplus security.
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Fundamental Analysis View fundamental data based on most recent published financial statements |