Pimco International Bond Fund Probability of Future Mutual Fund Price Finishing Over 9.83
| PFONX Fund | USD 9.79 0.01 0.10% |
Pimco |
Pimco International Target Price Odds to finish over 9.83
The tendency of Pimco Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over $ 9.83 or more in 90 days |
| 9.79 | 90 days | 9.83 | about 14.71 |
Based on a normal probability distribution, the odds of Pimco International to move over $ 9.83 or more in 90 days from now is about 14.71 (This Pimco International Bond probability density function shows the probability of Pimco Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Pimco International Bond price to stay between its current price of $ 9.79 and $ 9.83 at the end of the 90-day period is about 21.62 .
Assuming the 90 days horizon Pimco International has a beta of 0.0831 indicating as returns on the market go up, Pimco International average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Pimco International Bond will be expected to be much smaller as well. Additionally Pimco International Bond has an alpha of 0.0011, implying that it can generate a 0.001141 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Pimco International Price Density |
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Predictive Modules for Pimco International
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Pimco International Bond. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Pimco International's 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 International Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Pimco International is not an exception. The market had few large corrections towards the Pimco International's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Pimco International Bond, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Pimco International within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0 | |
β | Beta against NYSE Composite | 0.08 | |
σ | Overall volatility | 0.06 | |
Ir | Information ratio | -0.19 |
Pimco International Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Pimco International for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Pimco International Bond can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The fund generated three year return of -1.0% | |
| Pimco International Bond maintains about 25.39% of its assets in cash |
Pimco International Technical Analysis
Pimco International's future price can be derived by breaking down and analyzing its technical indicators over time. Pimco Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Pimco International Bond. In general, you should focus on analyzing Pimco Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Pimco International Predictive Forecast Models
Pimco International's time-series forecasting models is one of many Pimco International's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Pimco International's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.
Things to note about Pimco International Bond
Checking the ongoing alerts about Pimco International for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Pimco International Bond help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The fund generated three year return of -1.0% | |
| Pimco International Bond maintains about 25.39% of its assets in cash |
Check out Pimco International Backtesting, Portfolio Optimization, Pimco International Correlation, Pimco International Hype Analysis, Pimco International Volatility, Pimco International History as well as Pimco International Performance. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.