Pimco Stocksplus Short Fund Market Value
| PSNNX Fund | USD 7.55 0.15 1.95% |
| 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.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Pimco Stocksplus on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Pimco Stocksplus Short or generate 0.0% return on investment in Pimco Stocksplus over 90 days. Pimco Stocksplus is related to or competes with Transamerica Cleartrack, Blackrock Moderate, Franklin Lifesmart, Dimensional Retirement, and Lifestyle. The fund seeks to achieve its investment objective by investing primarily in short positions with respect to the SP 500 ... 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 Short upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8135 | |||
| Information Ratio | 0.2854 | |||
| Maximum Drawdown | 4.61 | |||
| Value At Risk | (1.27) | |||
| Potential Upside | 1.88 |
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 | 0.1637 | |||
| Jensen Alpha | 0.2059 | |||
| Total Risk Alpha | 0.3021 | |||
| Sortino Ratio | 0.3513 | |||
| Treynor Ratio | 0.6609 |
Pimco Stocksplus Short Backtested Returns
At this stage we consider Pimco Mutual Fund to be not too volatile. Pimco Stocksplus Short maintains Sharpe Ratio (i.e., Efficiency) of 0.16, which implies the entity had a 0.16 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Pimco Stocksplus Short, which you can use to evaluate the volatility of the fund. Please check Pimco Stocksplus' Semi Deviation of 0.5517, risk adjusted performance of 0.1637, and Coefficient Of Variation of 536.22 to confirm if the risk estimate we provide is consistent with the expected return of 0.17%. 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 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 | -0.32 |
Poor reverse predictability
Pimco Stocksplus Short has poor reverse predictability. Overlapping area represents the amount of predictability between Pimco Stocksplus time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Short price movement. The serial correlation of -0.32 indicates that nearly 32.0% of current Pimco Stocksplus price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.32 | |
| Spearman Rank Test | -0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Pimco Stocksplus Short 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 Short.
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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