PIMCO 1 Backtesting

STPZ -- USA Etf  

USD 51.16  0.02  0.0391%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of PIMCO 1 5 Year US TIPS ETF and determine expected loss or profit from investing in PIMCO 1 over given investment horizon. Also please take a look at PIMCO 1 Hype Analysis, PIMCO 1 Correlation, Portfolio Optimization, PIMCO 1 Volatility as well as analyze PIMCO 1 Alpha and Beta and PIMCO 1 Performance.
Horizon     30 Days    Login   to change
SymbolX
Backtest

PIMCO 1 'What if' Analysis

September 15, 2018
0.00
No Change 0.00  0.0%
In 31 days
October 15, 2018
0.00
If you would invest  0.00  in PIMCO 1 on September 15, 2018 and sell it all today you would earn a total of 0.00 from holding PIMCO 1 5 Year US TIPS ETF or generate 0.0% return on investment in PIMCO 1 over 30 days. PIMCO 1 is related to or competes with PowerShares PureBeta, Intel, JPMorgan Chase, B of A, Procter Gamble, and HP. The investment seeks to provide total return that closely corresponds, before fees and expenses, to the total return of ...

PIMCO 1 Upside/Downside Indicators

Information Ratio1.78
Maximum Drawdown0.3129
Value At Risk0.12
Potential Upside0.078
  

PIMCO 1 Market Premium Indicators

Risk Adjusted Performance0.23
Jensen Alpha0.015946
Total Risk Alpha0.006366
Treynor Ratio2.25

PIMCO 1 5 Backtested Returns

Macroaxis considers PIMCO 1 to be not too risky. PIMCO 1 5 maintains Sharpe Ratio (i.e. Efficiency) of -0.1035 which implies PIMCO 1 5 had -0.1035% of return per unit of volatility over the last 1 month. Macroaxis approach towards forecasting risk of any etf is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. PIMCO 1 5 exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check PIMCO 1 5 Risk Adjusted Performance of 0.23 to confirm risk estimate we provide. The etf holds Beta of 0.0076 which implies as returns on market increase, PIMCO 1 returns are expected to increase less than the market. However during bear market, the loss on holding PIMCO 1 will be expected to be smaller as well.. Even though it is essential to pay attention to PIMCO 1 5 current trending patterns, it is always good to be careful when utilizing equity existing price patterns. Macroaxis approach towards forecasting future performance of any etf is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. PIMCO 1 5 exposes twenty-one different technical indicators which can help you to evaluate its performance.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.24) 

Weak reverse predictability

PIMCO 1 5 Year US TIPS ETF has weak reverse predictability. Overlapping area represents the amount of predictability between PIMCO 1 time series from September 15, 2018 to September 30, 2018 and September 30, 2018 to October 15, 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 1 5 price movement. The serial correlation of -0.24 indicates that over 24.0% of current PIMCO 1 price fluctuation can be explain by its past prices. Given that PIMCO 1 5 Year US TIPS ETF has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of PIMCO 1 for similar time interval.
Correlation Coefficient-0.24
Spearman Rank Test-0.58
Residual Average0.0
Price Variance0.0

PIMCO 1 5 lagged returns against current returns

 Current and Lagged Values 
      Timeline 

PIMCO 1 regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

PIMCO 1 Lagged Returns

 Regressed Prices 
      Timeline 

Current Sentiment - STPZ

PIMCO 1 5 Investor Sentiment

Most of Macroaxis users are at this time bullish on PIMCO 1 5 Year US TIPS ETF. What is your perspective on investing in PIMCO 1 5 Year US TIPS ETF? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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Also please take a look at PIMCO 1 Hype Analysis, PIMCO 1 Correlation, Portfolio Optimization, PIMCO 1 Volatility as well as analyze PIMCO 1 Alpha and Beta and PIMCO 1 Performance. Please also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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