|PIMCO RAFI Dyn Mlt Fctr Emrg Mkts Eq ETF -- USA Etf|| |
USD 27.05 0.05 0.19%
The etf holds Beta of 0.2135 which implies as returns on market increase, PIMCO RAFI returns are expected to increase less than the market. However during bear market, the loss on holding PIMCO RAFI will be expected to be smaller as well.. Even though it is essential to pay attention to PIMCO RAFI Dyn
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 RAFI Dyn exposes twenty-eight different technical indicators which can help you to evaluate its performance.
PIMCO RAFI Dyn Relative Risk vs. Return Landscape
If you would invest 2,720
in PIMCO RAFI Dyn Mlt Fctr Emrg Mkts Eq ETF on February 15, 2018
and sell it today you would lose (15.00)
from holding PIMCO RAFI Dyn Mlt Fctr Emrg Mkts Eq ETF or give up 0.55%
of portfolio value over 30
days. PIMCO RAFI Dyn Mlt Fctr Emrg Mkts Eq ETF is currenly does not generate positive expected returns and assumes 0.9233% risk (volatility on return distribution) over the 30 days horizon. In different words, 8% of equities are less volatile than PIMCO RAFI Dyn Mlt Fctr Emrg Mkts Eq ETF and 99% of traded equity instruments are projected to make higher returns than the company over the 30 days investment horizon.
Daily Expected Return (%)
Given the investment horizon of 30 days, PIMCO RAFI Dyn Mlt Fctr Emrg Mkts Eq ETF is expected to generate 0.97 times more return on investment than the market. However, the company is 1.04 times less risky than the market. It trades about -0.02 of its potential returns per unit of risk. The DOW is currently generating roughly -0.05 per unit of risk.
PIMCO RAFI Daily Price Distribution
The median price of PIMCO RAFI for the period between Thu, Feb 15, 2018 and Sat, Mar 17, 2018 is 26.8748 with a coefficient of variation of 1.12. The daily time series for the period is distributed with a sample standard deviation of 0.3, arithmetic mean of 26.9, and mean deviation of 0.24. The Etf did not receive any noticable media coverage during the period.