Pimco Fundamental Advantage Fund Technical Analysis

PFATX Fund  USD 8.48  0.01  0.12%   
As of the 18th of April 2024, Pimco Fundamental holds the Semi Deviation of 0.4385, coefficient of variation of 2157.81, and Risk Adjusted Performance of 0.0264. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Pimco Fundamental, as well as the relationship between them. Put it differently, you can use this information to find out if the fund will indeed mirror its model of past market data, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for Pimco Fundamental, which can be compared to its competitors. Please check Pimco Fundamental standard deviation, value at risk, as well as the relationship between the Value At Risk and kurtosis to decide if Pimco Fundamental is priced some-what accurately, providing market reflects its current price of 8.48 per share.

Pimco Fundamental 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 Pimco
  
Pimco Fundamental's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Pimco Fundamental 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.
A focus of Pimco Fundamental technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Pimco Fundamental trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Pimco Fundamental Technical Analysis

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The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Fundamental volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Pimco Fundamental Trend Analysis

Use this graph to draw trend lines for Pimco Fundamental Advantage. You can use it to identify possible trend reversals for Pimco Fundamental 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 Fundamental price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Pimco Fundamental Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Pimco Fundamental Advantage applied against its price change over selected period. The best fit line has a slop of   0.01  , which means Pimco Fundamental Advantage will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1.69, which is the sum of squared deviations for the predicted Pimco Fundamental price change compared to its average price change.

About Pimco Fundamental 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 Fundamental Advantage 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 Fundamental Advantage based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Pimco Fundamental price pattern first instead of the macroeconomic environment surrounding Pimco Fundamental. By analyzing Pimco Fundamental'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 Fundamental'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 Fundamental specific price patterns or momentum indicators. Please read more on our technical analysis page.

Pimco Fundamental April 18, 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.

Pimco Fundamental One Year Return

Based on the recorded statements, Pimco Fundamental Advantage has an One Year Return of 3.8495%. This is 207.23% lower than that of the PIMCO family and significantly higher than that of the Equity Market Neutral category. The one year return for all United States funds 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pimco Fundamental Advantage. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Please note, there is a significant difference between Pimco Fundamental's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pimco Fundamental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pimco Fundamental'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.