Pimco Foreign Bond Fund Technical Analysis

Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Pimco Foreign, 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 analyze zero technical drivers for Pimco Foreign Bond, which can be compared to its competitors.

Pimco Foreign 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 Foreign'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 Foreign 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 Foreign technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Pimco Foreign 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 Foreign Bond Technical Analysis

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Pimco Foreign Bond Trend Analysis

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

Pimco Foreign Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Pimco Foreign Bond applied against its price change over selected period. The best fit line has a slop of   NaN  , . It has 0 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Pimco Foreign price change compared to its average price change.

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

Pimco Foreign Bond One Year Return

Based on the recorded statements, Pimco Foreign Bond has an One Year Return of 6.8944%. This is 292.04% lower than that of the PIMCO family and significantly higher than that of the World Bond-USD Hedged 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 Foreign Bond. 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 nation.
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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Please note, there is a significant difference between Pimco Foreign's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pimco Foreign is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pimco Foreign'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.