PIMCO Equitiy Backtesting

PIMCO Equitiy Series RAFI Dynamic Multi-Factor Emerging Markets Equity -- USA Etf  

USD 27.41  0.25  0.92%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of PIMCO Equitiy Series RAFI Dynamic Multi-Factor Emerging Markets Equity and determine expected loss or profit from investing in PIMCO Equitiy over given investment horizon. Please see also PIMCO Equitiy Hype Analysis, PIMCO Equitiy Correlation, Portfolio Optimization, PIMCO Equitiy Volatility as well as analyze PIMCO Equitiy Alpha and Beta and PIMCO Equitiy Performance
 Time Horizon     30 Days    Login   to change
SymbolX
Backtest

PIMCO Equitiy 'What if' Analysis

December 17, 2017
0.00
No Change 0.00  0.0%
In 31 days
January 16, 2018
0.00
If you would invest  0.00  in PIMCO Equitiy on December 17, 2017 and sell it all today you would earn a total of 0.00 from holding PIMCO Equitiy Series RAFI Dynamic Multi-Factor Emerging Markets Equity or generate 0.0% return on investment in PIMCO Equitiy over 30 days. PIMCO Equitiy is related to or competes with iShares Retail, db x, iShares II, Source Markets, iShares VII, and BlackRock Asset. The investment seeks to track the investment results of the RAFI Dynamic Multi-Factor Emerging Markets Index

PIMCO Equitiy Upside/Downside Indicators

  

PIMCO Equitiy Market Premium Indicators

PIMCO Equitiy Series lagged returns against current returns

 Current and Lagged Values 
      Timeline 

PIMCO Equitiy regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

PIMCO Equitiy Series Backtested Returns

Macroaxis considers PIMCO Equitiy not too risky given 1 month investment horizon. PIMCO Equitiy Series maintains Sharpe Ratio (i.e. Efficiency) of 0.7578 which implies PIMCO Equitiy Series had 0.7578% of return per unit of volatility over the last 1 month. Our approach towards forecasting volatility of a etf is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for PIMCO Equitiy Series which you can use to evaluate future volatility of the etf. Please employ PIMCO Equitiy Series Risk Adjusted Performance of 0.3103 to confirm if our risk estimates are consistent with your expectations. The etf holds Beta of 0.2414 which implies as returns on market increase, PIMCO Equitiy returns are expected to increase less than the market. However during bear market, the loss on holding PIMCO Equitiy will be expected to be smaller as well.. Although it is vital to follow to PIMCO Equitiy Series current trending patterns, it is good to be conservative about what you can actually do with the information regarding equity existing price patterns. The approach towards forecasting future performance of any etf is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By inspecting PIMCO Equitiy Series technical indicators you can now evaluate if the expected return of 0.3502% will be sustainable into the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.91 

Excellent predictability

PIMCO Equitiy Series RAFI Dynamic Multi-Factor Emerging Markets Equity has excellent predictability. Overlapping area represents the amount of predictability between PIMCO Equitiy time series from December 17, 2017 to January 1, 2018 and January 1, 2018 to January 16, 2018. 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 Equitiy Series price movement. The serial correlation of 0.91 indicates that approximately 91.0% of current PIMCO Equitiy price fluctuation can be explain by its past prices.
Correlation Coefficient 0.91
Spearman Rank Test 0.85
Price Variance 0.06
Lagged Price Variance 0.04

PIMCO Equitiy Lagged Returns

 Regressed Prices 
      Timeline 

PIMCO Equitiy Performance vs DOW

The median price of PIMCO Equitiy for the period between Sun, Dec 17, 2017 and Tue, Jan 16, 2018 is 25.99 with a coefficient of variation of 2.71. The daily time series for the period is distributed with a sample standard deviation of 0.71, arithmetic mean of 26.2, and mean deviation of 0.63. The Etf received some media coverage during the period.
Price Growth (%)  
      Timeline 
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PIMCO Equitiy Series PIMCO RAFI Dynamic Multi-Factor Emergin...01/12/2018