Pacific Mutual Fund Market Value

PLBCX -  USA Fund  

USD 9.77  0.01  0.10%

Pacific Funds' market value is the price at which a share of Pacific Funds stock trades on a public exchange. It measures the collective expectations of Pacific Funds Floating investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Pacific Funds Floating and determine expected loss or profit from investing in Pacific Funds over a given investment horizon. Please check Pacific Funds Hype Analysis, Pacific Funds Correlation, Portfolio Optimization, Pacific Funds Volatility, as well as analyze Pacific Funds Alpha and Beta and Pacific Funds Performance.
Symbol
Backtest

Please note, there is a significant difference between Pacific Funds' value and its price as these two are different measures arrived at by different means. Investors typically determine Pacific Funds value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pacific Funds' 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.

Pacific Funds '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 Pacific Funds' 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 Pacific Funds.
0.00
01/28/2020
No Change 0.00  0.0 
In 1 year 11 months and 22 days
01/17/2022
0.00
If you would invest  0.00  in Pacific Funds on January 28, 2020 and sell it all today you would earn a total of 0.00 from holding Pacific Funds Floating or generate 0.0% return on investment in Pacific Funds over 720 days. Pacific Funds is related to or competes with Eaton Vance, and Eaton Vance. The fund invests principally in income producing floating rate loans and floating rate debt securities

Pacific Funds 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 Pacific Funds' 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 Pacific Funds Floating upside and downside potential and time the market with a certain degree of confidence.

Pacific Funds Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Pacific Funds' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pacific Funds' standard deviation. In reality, there are many statistical measures that can use Pacific Funds historical prices to predict the future Pacific Funds' volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Pacific Funds' 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. Please use the tools below to analyze the current value of Pacific Funds in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
9.729.779.82
Details
Intrinsic
Valuation
LowReal ValueHigh
9.719.769.81
Details
Naive
Forecast
LowNext ValueHigh
9.719.769.82
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
9.739.759.77
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Pacific Funds. Your research has to be compared to or analyzed against Pacific Funds' peers to derive any actionable benefits. When done correctly, Pacific Funds' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Pacific Funds Floating.

Pacific Funds Floating Backtested Returns

We consider Pacific Funds very steady. Pacific Funds Floating maintains Sharpe Ratio (i.e., Efficiency) of 0.0305, which implies the entity had 0.0305% of return per unit of risk over the last 3 months. Our standpoint towards forecasting the 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 Pacific Funds Floating, which you can use to evaluate the future volatility of the fund. Please check Pacific Funds Floating Semi Deviation of 0.0085, risk adjusted performance of (0.12), and Coefficient Of Variation of 3353.87 to confirm if the risk estimate we provide is consistent with the expected return of 0.0016%.
The fund holds a Beta of 0.0317, which implies not very significant fluctuations relative to the market. Let's try to break down what Pacific's beta means in this case. As returns on the market increase, Pacific Funds returns are expected to increase less than the market. However, during the bear market, the loss on holding Pacific Funds will be expected to be smaller as well. Although it is extremely important to respect Pacific Funds Floating current trending patterns, it is better to be realistic regarding the information on equity existing price patterns. The philosophy 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 analyzing Pacific Funds Floating technical indicators, you can presently evaluate if the expected return of 0.0016% will be sustainable into the future.
AdviceVolatility TrendExposureCorrelations

Auto-correlation

    
   0.43   

Average predictability

Pacific Funds Floating has average predictability. Overlapping area represents the amount of predictability between Pacific Funds time series from 28th of January 2020 to 22nd of January 2021 and 22nd of January 2021 to 17th of January 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Pacific Funds Floating price movement. The serial correlation of 0.43 indicates that just about 43.0% of current Pacific Funds price fluctuation can be explain by its past prices.
Correlation Coefficient0.43
Spearman Rank Test0.58
Residual Average0.0
Price Variance0.0

Pacific Funds Floating lagged returns against current returns

Autocorrelation, which is Pacific Funds 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 Pacific Funds' mutual fund expected returns. We can calculate the autocorrelation of Pacific Funds returns to help us make a trade decision. For example, suppose you find that Pacific Funds mutual fund has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
 Current and Lagged Values 
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      Timeline 

Pacific Funds 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 Pacific Funds mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pacific Funds mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pacific Funds mutual fund over time.
 Current vs Lagged Prices 
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      Timeline 

Pacific Funds Lagged Returns

When evaluating Pacific Funds' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pacific Funds mutual fund have on its future price. Pacific Funds 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, Pacific Funds autocorrelation shows the relationship between Pacific Funds mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Pacific Funds Floating.
 Regressed Prices 
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      Timeline 

Be your own money manager

Our tools can tell you how much better you can do entering a position in Pacific Funds without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Please check Pacific Funds Hype Analysis, Pacific Funds Correlation, Portfolio Optimization, Pacific Funds Volatility, as well as analyze Pacific Funds Alpha and Beta and Pacific Funds Performance. Note that the Pacific Funds Floating information on this page should be used as a complementary analysis to other Pacific Funds' 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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

Complementary Tools for Pacific Mutual Fund analysis

When running Pacific Funds Floating price analysis, check to measure Pacific Funds' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Pacific Funds is operating at the current time. Most of Pacific Funds' value examination focuses on studying past and present price action to predict the probability of Pacific Funds' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Pacific Funds' price. Additionally, you may evaluate how the addition of Pacific Funds to your portfolios can decrease your overall portfolio volatility.
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Pacific Funds 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, stock market cycles, or different charting patterns.
A focus of Pacific Funds technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Pacific Funds 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...