Pimco Active Bond Etf Technical Analysis
| BOND Etf | USD 89.31 0.22 0.25% |
As of the 19th of April, PIMCO Active holds the coefficient of variation of (1,597), and Risk Adjusted Performance of (0.05). PIMCO Active Bond technical analysis gives you tools to exploit past prices in attempt to determine a pattern that determines the direction of the etf's future prices. Put it differently, you can use this information to find out if the etf will indeed mirror its model of past market data, or the prices will eventually revert. We were able to interpolate thirteen technical drivers for PIMCO Active Bond, which can be compared to its competitors. Please check PIMCO Active Bond standard deviation, treynor ratio, as well as the relationship between the Treynor Ratio and potential upside to decide if PIMCO Active Bond is priced more or less accurately, providing market reflects its current price of 89.31 per share.
PIMCO Active Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as PIMCO, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to PIMCOPIMCO |
PIMCO Active technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
PIMCO Active Bond Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of PIMCO Active Bond volatility. High ATR values indicate high volatility, and low values indicate low volatility.
PIMCO Active Bond Trend Analysis
Use this graph to draw trend lines for PIMCO Active Bond. You can use it to identify possible trend reversals for PIMCO Active as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual PIMCO Active price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.PIMCO Active Best Fit Change Line
The following chart estimates an ordinary least squares regression model for PIMCO Active Bond applied against its price change over selected period. The best fit line has a slop of 0.01 , which may suggest that PIMCO Active Bond market price will keep on failing further. It has 122 observation points and a regression sum of squares at 4.07, which is the sum of squared deviations for the predicted PIMCO Active price change compared to its average price change.About PIMCO Active Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of PIMCO Active Bond on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of PIMCO Active Bond based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on PIMCO Active Bond price pattern first instead of the macroeconomic environment surrounding PIMCO Active Bond. By analyzing PIMCO Active's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of PIMCO Active's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to PIMCO Active specific price patterns or momentum indicators. Please read more on our technical analysis page.
PIMCO Active April 19, 2024 Technical Indicators
Most technical analysis of PIMCO help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for PIMCO from various momentum indicators to cycle indicators. When you analyze PIMCO charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Volume Indicators |
| Risk Adjusted Performance | (0.05) | |||
| Market Risk Adjusted Performance | (0.11) | |||
| Mean Deviation | 0.2883 | |||
| Coefficient Of Variation | (1,597) | |||
| Standard Deviation | 0.3734 | |||
| Variance | 0.1395 | |||
| Information Ratio | (0.25) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | (0.12) | |||
| Maximum Drawdown | 1.92 | |||
| Value At Risk | (0.76) | |||
| Potential Upside | 0.4766 | |||
| Skewness | (0.87) | |||
| Kurtosis | 1.06 |
PIMCO Active Bond One Year Return
Based on the recorded statements, PIMCO Active Bond has an One Year Return of 1.4%. This is 86.26% lower than that of the PIMCO family and significantly higher than that of the Intermediate Core-Plus Bond category. The one year return for all United States etfs is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in PIMCO Active Bond. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
The market value of PIMCO Active Bond is measured differently than its book value, which is the value of PIMCO that is recorded on the company's balance sheet. Investors also form their own opinion of PIMCO Active's value that differs from its market value or its book value, called intrinsic value, which is PIMCO Active's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because PIMCO Active's market value can be influenced by many factors that don't directly affect PIMCO Active's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between PIMCO Active's value and its price as these two are different measures arrived at by different means. Investors typically determine if PIMCO Active is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PIMCO Active'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.