Fundamental Indexplus Tr Fund Market Value
| PXTIX Fund | USD 20.23 0.16 0.78% |
| Symbol | Fundamental |
Fundamental Indexplus '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 Fundamental Indexplus' 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 Fundamental Indexplus.
| 01/27/2025 |
| 02/26/2025 |
If you would invest 0.00 in Fundamental Indexplus on January 27, 2025 and sell it all today you would earn a total of 0.00 from holding Fundamental Indexplus Tr or generate 0.0% return on investment in Fundamental Indexplus over 30 days. Fundamental Indexplus is related to or competes with Pimco Em, Pimco Short, Pimco Small, Pimco International, and Real Return. The fund seeks to exceed the total return of the Russell 1000 Value Index under normal circumstances by obtaining exposu... More
Fundamental Indexplus 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 Fundamental Indexplus' 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 Fundamental Indexplus Tr upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7954 | |||
| Information Ratio | 0.0476 | |||
| Maximum Drawdown | 3.84 | |||
| Value At Risk | (1.13) | |||
| Potential Upside | 1.24 |
Fundamental Indexplus Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fundamental Indexplus' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fundamental Indexplus' standard deviation. In reality, there are many statistical measures that can use Fundamental Indexplus historical prices to predict the future Fundamental Indexplus' volatility.| Risk Adjusted Performance | 0.0498 | |||
| Jensen Alpha | 0.0383 | |||
| Total Risk Alpha | 0.0361 | |||
| Sortino Ratio | 0.0456 | |||
| Treynor Ratio | 0.0708 |
Fundamental Indexplus Backtested Returns
Fundamental Indexplus secures Sharpe Ratio (or Efficiency) of -0.0162, which denotes the fund had a -0.0162 % return per unit of risk over the last 3 months. Fundamental Indexplus Tr exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fundamental Indexplus' Mean Deviation of 0.5978, downside deviation of 0.7954, and Coefficient Of Variation of 1486.9 to check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.58, which means possible diversification benefits within a given portfolio. As returns on the market increase, Fundamental Indexplus' returns are expected to increase less than the market. However, during the bear market, the loss of holding Fundamental Indexplus is expected to be smaller as well.
Auto-correlation | -0.41 |
Modest reverse predictability
Fundamental Indexplus Tr has modest reverse predictability. Overlapping area represents the amount of predictability between Fundamental Indexplus time series from 27th of January 2025 to 11th of February 2025 and 11th of February 2025 to 26th of February 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 Fundamental Indexplus price movement. The serial correlation of -0.41 indicates that just about 41.0% of current Fundamental Indexplus price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.41 | |
| Spearman Rank Test | 0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Fundamental Indexplus lagged returns against current returns
Autocorrelation, which is Fundamental Indexplus 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 Fundamental Indexplus' mutual fund expected returns. We can calculate the autocorrelation of Fundamental Indexplus returns to help us make a trade decision. For example, suppose you find that Fundamental Indexplus 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 |
Fundamental Indexplus 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 Fundamental Indexplus mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fundamental Indexplus mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fundamental Indexplus mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Fundamental Indexplus Lagged Returns
When evaluating Fundamental Indexplus' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fundamental Indexplus mutual fund have on its future price. Fundamental Indexplus 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, Fundamental Indexplus autocorrelation shows the relationship between Fundamental Indexplus mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Fundamental Indexplus Tr.
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 Fundamental Mutual Fund
Fundamental Indexplus financial ratios help investors to determine whether Fundamental 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 Fundamental with respect to the benefits of owning Fundamental Indexplus security.
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