Pimco Stocksplus Long Fund Market Value
| PSLDX Fund | USD 15.64 0.28 1.82% |
| 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.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Pimco Stocksplus on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Pimco Stocksplus Long or generate 0.0% return on investment in Pimco Stocksplus over 90 days. Pimco Stocksplus is related to or competes with WisdomTree 9060, American Beacon, Pimco Small, Pimco International, and Guggenheim Strategic. The fund seeks to exceed the total return of its benchmark indexes, the SP 500 Index and a secondary blended index, by 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 Long upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 7.2 | |||
| Value At Risk | (2.16) | |||
| Potential Upside | 1.82 |
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 | (0.12) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.04) | |||
| Treynor Ratio | (0.21) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Pimco Stocksplus' 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 Stocksplus Long Backtested Returns
Pimco Stocksplus Long maintains Sharpe Ratio (i.e., Efficiency) of -0.0833, which implies the entity had a -0.0833 % return per unit of risk over the last 3 months. Pimco Stocksplus Long exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pimco Stocksplus' Variance of 1.85, risk adjusted performance of (0.12), and Coefficient Of Variation of (677.50) to confirm the risk estimate we provide. The fund holds a Beta of 0.99, which implies possible diversification benefits within a given portfolio. Pimco Stocksplus returns are very sensitive to returns on the market. As the market goes up or down, Pimco Stocksplus is expected to follow.
Auto-correlation | -0.6 |
Good reverse predictability
Pimco Stocksplus Long has good reverse predictability. Overlapping area represents the amount of predictability between Pimco Stocksplus time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Stocksplus Long price movement. The serial correlation of -0.6 indicates that roughly 60.0% of current Pimco Stocksplus price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.6 | |
| Spearman Rank Test | -0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.2 |
Pimco Stocksplus Long 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 Long.
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.
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