Pimco Foreign Bond Fund Probability of Future Mutual Fund Price Finishing Under 9.79
| PFOCX Fund | USD 9.79 0.04 0.41% |
Pimco |
Pimco Foreign Target Price Odds to finish below 9.79
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 below current price in 90 days |
| 9.79 | 90 days | 9.79 | about 19.03 |
Based on a normal probability distribution, the odds of Pimco Foreign to move below current price in 90 days from now is about 19.03 (This Pimco Foreign Bond probability density function shows the probability of Pimco Mutual Fund to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Pimco Foreign has a beta of 0.0617 indicating as returns on the market go up, Pimco Foreign average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Pimco Foreign Bond will be expected to be much smaller as well. Additionally Pimco Foreign Bond has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Pimco Foreign Price Density |
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Predictive Modules for Pimco Foreign
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 Foreign 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 Foreign'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 Foreign Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Pimco Foreign is not an exception. The market had few large corrections towards the Pimco Foreign'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 Foreign Bond, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Pimco Foreign within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.0026 | |
β | Beta against NYSE Composite | 0.06 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | -0.17 |
Pimco Foreign 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 Foreign for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Pimco Foreign 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 Foreign Bond maintains about 25.39% of its assets in cash |
Pimco Foreign Technical Analysis
Pimco Foreign'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 Foreign Bond. In general, you should focus on analyzing Pimco Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Pimco Foreign Predictive Forecast Models
Pimco Foreign's time-series forecasting models is one of many Pimco Foreign'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 Foreign'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 Foreign Bond
Checking the ongoing alerts about Pimco Foreign for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Pimco Foreign 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 Foreign Bond maintains about 25.39% of its assets in cash |
Check out Pimco Foreign Backtesting, Portfolio Optimization, Pimco Foreign Correlation, Pimco Foreign Hype Analysis, Pimco Foreign Volatility, Pimco Foreign History as well as Pimco Foreign Performance. Note that the Pimco Foreign Bond information on this page should be used as a complementary analysis to other Pimco Foreign's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.