Pimco Long Term Credit Fund Market Value

PTCIX Fund  USD 9.01  0.06  0.67%   
Pimco Long's market value is the price at which a share of Pimco Long trades on a public exchange. It measures the collective expectations of Pimco Long Term Credit investors about its performance. Pimco Long is trading at 9.01 as of the 2nd of March 2025; that is 0.67 percent up since the beginning of the trading day. The fund's open price was 8.95.
With this module, you can estimate the performance of a buy and hold strategy of Pimco Long Term Credit and determine expected loss or profit from investing in Pimco Long over a given investment horizon. Check out Pimco Long Correlation, Pimco Long Volatility and Pimco Long Alpha and Beta module to complement your research on Pimco Long.
Symbol

Please note, there is a significant difference between Pimco Long's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pimco Long is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pimco Long's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Pimco Long '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 Long'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 Long.
0.00
01/31/2025
No Change 0.00  0.0 
In 31 days
03/02/2025
0.00
If you would invest  0.00  in Pimco Long on January 31, 2025 and sell it all today you would earn a total of 0.00 from holding Pimco Long Term Credit or generate 0.0% return on investment in Pimco Long over 30 days. Pimco Long is related to or competes with Calvert Moderate, Franklin Moderate, Dodge Cox, Enhanced, Washington Mutual, Touchstone Large, and Balanced Allocation. The fund normally invests at least 80 percent of its assets in a diversified portfolio of Fixed Income Instruments of va... More

Pimco Long 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 Long'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 Long Term Credit upside and downside potential and time the market with a certain degree of confidence.

Pimco Long Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Pimco Long's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pimco Long's standard deviation. In reality, there are many statistical measures that can use Pimco Long historical prices to predict the future Pimco Long's volatility.
Hype
Prediction
LowEstimatedHigh
8.409.019.62
Details
Intrinsic
Valuation
LowRealHigh
8.338.949.55
Details
Naive
Forecast
LowNextHigh
8.549.159.76
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
8.628.839.04
Details

Pimco Long Term Backtested Returns

Pimco Long Term maintains Sharpe Ratio (i.e., Efficiency) of close to zero, which implies the entity had a close to zero % return per unit of risk over the last 3 months. Pimco Long Term exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pimco Long's Coefficient Of Variation of 1267.72, risk adjusted performance of 0.0568, and Semi Deviation of 0.5356 to confirm the risk estimate we provide. The fund holds a Beta of 0.18, which implies not very significant fluctuations relative to the market. As returns on the market increase, Pimco Long's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pimco Long is expected to be smaller as well.

Auto-correlation

    
  -0.02  

Very weak reverse predictability

Pimco Long Term Credit has very weak reverse predictability. Overlapping area represents the amount of predictability between Pimco Long time series from 31st of January 2025 to 15th of February 2025 and 15th of February 2025 to 2nd 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 Long Term price movement. The serial correlation of -0.02 indicates that only 2.0% of current Pimco Long price fluctuation can be explain by its past prices.
Correlation Coefficient-0.02
Spearman Rank Test0.13
Residual Average0.0
Price Variance0.01

Pimco Long Term lagged returns against current returns

Autocorrelation, which is Pimco Long 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 Long's mutual fund expected returns. We can calculate the autocorrelation of Pimco Long returns to help us make a trade decision. For example, suppose you find that Pimco Long 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 Long 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 Long mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pimco Long 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 Long mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Pimco Long Lagged Returns

When evaluating Pimco Long's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pimco Long mutual fund have on its future price. Pimco Long 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 Long autocorrelation shows the relationship between Pimco Long mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Pimco Long Term Credit.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Pimco Mutual Fund

Pimco Long 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 Long security.
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