Pimco All Asset Fund Market Value
| PAUIX Fund | USD 6.27 0.01 0.16% |
| Symbol | Pimco |
Pimco All 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Pimco All's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Pimco All.
| 02/19/2024 |
| 04/19/2024 |
If you would invest 0.00 in Pimco All on February 19, 2024 and sell it all today you would earn a total of 0.00 from holding Pimco All Asset or generate 0.0% return on investment in Pimco All over 60 days. Pimco All is related to or competes with Pimco Rae, Pimco Rae, Pimco Rae, Pimco Rae, Pimco Foreign, Pimco Preferred, and Pimco Fundamental. The fund is a fund of funds, which is a term used to describe mutual funds that pursue their investment objective by inv... More
Pimco All Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Pimco All's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Pimco All Asset upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 2.02 | |||
| Value At Risk | (0.79) | |||
| Potential Upside | 0.6231 |
Pimco All Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pimco All's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pimco All's standard deviation. In reality, there are many statistical measures that can use Pimco All historical prices to predict the future Pimco All's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | (0.53) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Pimco All'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 All Asset Backtested Returns
Pimco All Asset maintains Sharpe Ratio (i.e., Efficiency) of -0.0367, which implies the entity had a -0.0367% return per unit of risk over the last 3 months. Pimco All Asset exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pimco All's Variance of 0.2174, risk adjusted performance of (0.05), and Coefficient Of Variation of (1,257) to confirm the risk estimate we provide. The fund holds a Beta of 0.0881, which implies not very significant fluctuations relative to the market. As returns on the market increase, Pimco All's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pimco All is expected to be smaller as well.
Auto-correlation | -0.11 |
Insignificant reverse predictability
Pimco All Asset has insignificant reverse predictability. Overlapping area represents the amount of predictability between Pimco All time series from 19th of February 2024 to 20th of March 2024 and 20th of March 2024 to 19th of April 2024. 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 All Asset price movement. The serial correlation of -0.11 indicates that less than 11.0% of current Pimco All price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.11 | |
| Spearman Rank Test | -0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Pimco All Asset lagged returns against current returns
Autocorrelation, which is Pimco All mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Pimco All's mutual fund expected returns. We can calculate the autocorrelation of Pimco All returns to help us make a trade decision. For example, suppose you find that Pimco All has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Pimco All regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Pimco All mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pimco All mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pimco All mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Pimco All Lagged Returns
When evaluating Pimco All's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pimco All mutual fund have on its future price. Pimco All autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Pimco All autocorrelation shows the relationship between Pimco All mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Pimco All Asset.
Regressed Prices |
| Timeline |
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Pimco All Asset using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Check out Pimco All Correlation, Pimco All Volatility and Pimco All Alpha and Beta module to complement your research on Pimco All. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Pimco All technical mutual fund 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, fund market cycles, or different charting patterns.