PIMCO Emerging Backtesting

PELAX -- USA Fund  

USD 7.00  0.04  0.57%

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

PIMCO Emerging 'What if' Analysis

August 14, 2019
0.00
No Change 0.00  0.0 
In 3 months and 1 day
November 12, 2019
0.00
If you would invest  0.00  in PIMCO Emerging on August 14, 2019 and sell it all today you would earn a total of 0.00 from holding PIMCO Emerging Markets Local Cu or generate 0.0% return on investment in PIMCO Emerging over 90 days. PIMCO Emerging is related to or competes with PIMCO Emerging, Eaton Vance, T Rowe, MFS Emerging, MFS Emerging, MFS Emerging, and MFS Emerging. The investment seeks maximum total return, consistent with preservation of capital and prudent investment management

PIMCO Emerging Upside/Downside Indicators

Information Ratio(0.22)
Maximum Drawdown1.6
Value At Risk(0.57)
Potential Upside0.5772

PIMCO Emerging Market Premium Indicators

Risk Adjusted Performance(0.026616)
Jensen Alpha(0.026745)
Total Risk Alpha(0.05)
Treynor Ratio(0.12)

PIMCO Emerging Markets Backtested Returns

We consider PIMCO Emerging not too volatile. PIMCO Emerging Markets maintains Sharpe Ratio (i.e. Efficiency) of 0.0498 which implies the entity had 0.0498% of return per unit of volatility over the last 3 months. Our approach towards forecasting volatility of a fund is to use all available market data together with fund specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for PIMCO Emerging Markets which you can use to evaluate future volatility of the fund. Please check PIMCO Emerging Markets Risk Adjusted Performance of (0.026616) to confirm if risk estimate we provide are consistent with the epected return of 0.0191%. The fund holds Beta of 0.137 which implies as returns on market increase, PIMCO Emerging returns are expected to increase less than the market. However during bear market, the loss on holding PIMCO Emerging will be expected to be smaller as well. Although it is extremely important to respect PIMCO Emerging Markets current trending patterns, it is better to be realistic regarding the information on equity existing price patterns. The approach towards forecasting future performance of any fund is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By inspecting PIMCO Emerging Markets technical indicators you can now evaluate if the expected return of 0.0191% will be sustainable into the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.50 
correlation synergy

Modest predictability

PIMCO Emerging Markets Local Cu has modest predictability. Overlapping area represents the amount of predictability between PIMCO Emerging time series from August 14, 2019 to September 28, 2019 and September 28, 2019 to November 12, 2019. 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 Emerging Markets price movement. The serial correlation of 0.5 indicates that about 50.0% of current PIMCO Emerging price fluctuation can be explain by its past prices.
Correlation Coefficient0.5
Spearman Rank Test0.43
Residual Average0.0
Price Variance0.0

PIMCO Emerging Markets lagged returns against current returns

 Current and Lagged Values 
      Timeline 

PIMCO Emerging regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

PIMCO Emerging Lagged Returns

 Regressed Prices 
      Timeline 

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Additionally take a look at PIMCO Emerging Hype Analysis, PIMCO Emerging Correlation, Portfolio Optimization, PIMCO Emerging Volatility as well as analyze PIMCO Emerging Alpha and Beta and PIMCO Emerging Performance. Please also try Content Syndication module to quickly integrate customizable finance content to your own investment portal.
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