Pimco 1 5 Year Etf Market Value
STPZ Etf | USD 51.53 0.08 0.16% |
Symbol | PIMCO |
The market value of PIMCO 1-5 Year is measured differently than its book value, which is the value of PIMCO that is recorded on the company's balance sheet. Investors also form their own opinion of PIMCO 1's value that differs from its market value or its book value, called intrinsic value, which is PIMCO 1's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because PIMCO 1's market value can be influenced by many factors that don't directly affect PIMCO 1's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between PIMCO 1's value and its price as these two are different measures arrived at by different means. Investors typically determine if PIMCO 1 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PIMCO 1'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.
PIMCO 1 '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 1's etf 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 1.
02/28/2024 |
| 03/29/2024 |
If you would invest 0.00 in PIMCO 1 on February 28, 2024 and sell it all today you would earn a total of 0.00 from holding PIMCO 1 5 Year or generate 0.0% return on investment in PIMCO 1 over 30 days. PIMCO 1 is related to or competes with IShares TIPS, IShares 0, and JPMorgan Inflation. The fund invests at least 80 percent of its total assets in the component securities of the ICE BofA 1-5 Year US Inflati... More
PIMCO 1 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 1's etf 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 1 5 Year upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 0.1485 | |||
Information Ratio | (0.82) | |||
Maximum Drawdown | 0.8974 | |||
Value At Risk | (0.19) | |||
Potential Upside | 0.2543 |
PIMCO 1 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PIMCO 1's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PIMCO 1's standard deviation. In reality, there are many statistical measures that can use PIMCO 1 historical prices to predict the future PIMCO 1's volatility.Risk Adjusted Performance | 0.0095 | |||
Jensen Alpha | (0) | |||
Total Risk Alpha | (0.03) | |||
Sortino Ratio | (0.84) | |||
Treynor Ratio | (0.01) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of PIMCO 1'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 1-5 Year Backtested Returns
We consider PIMCO 1 very steady. PIMCO 1-5 Year maintains Sharpe Ratio (i.e., Efficiency) of 0.0806, which implies the entity had a 0.0806% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for PIMCO 1-5 Year, which you can use to evaluate the volatility of the etf. Please check PIMCO 1's semi deviation of 0.0998, and Risk Adjusted Performance of 0.0095 to confirm if the risk estimate we provide is consistent with the expected return of 0.0126%. The etf holds a Beta of 0.0271, which implies not very significant fluctuations relative to the market. As returns on the market increase, PIMCO 1's returns are expected to increase less than the market. However, during the bear market, the loss of holding PIMCO 1 is expected to be smaller as well.
Auto-correlation | 0.69 |
Good predictability
PIMCO 1 5 Year has good predictability. Overlapping area represents the amount of predictability between PIMCO 1 time series from 28th of February 2024 to 14th of March 2024 and 14th of March 2024 to 29th of March 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 1-5 Year price movement. The serial correlation of 0.69 indicates that around 69.0% of current PIMCO 1 price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.69 | |
Spearman Rank Test | 0.45 | |
Residual Average | 0.0 | |
Price Variance | 0.01 |
PIMCO 1-5 Year lagged returns against current returns
Autocorrelation, which is PIMCO 1 etf'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 1's etf expected returns. We can calculate the autocorrelation of PIMCO 1 returns to help us make a trade decision. For example, suppose you find that PIMCO 1 has exhibited high autocorrelation historically, and you observe that the etf 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 1 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 1 etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PIMCO 1 etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PIMCO 1 etf over time.
Current vs Lagged Prices |
Timeline |
PIMCO 1 Lagged Returns
When evaluating PIMCO 1's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PIMCO 1 etf have on its future price. PIMCO 1 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 1 autocorrelation shows the relationship between PIMCO 1 etf current value and its past values and can show if there is a momentum factor associated with investing in PIMCO 1 5 Year.
Regressed Prices |
Timeline |
Currently Active Assets on Macroaxis
When determining whether PIMCO 1-5 Year offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of PIMCO 1's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Pimco 1 5 Year Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Pimco 1 5 Year Etf:Check out PIMCO 1 Correlation, PIMCO 1 Volatility and PIMCO 1 Alpha and Beta module to complement your research on PIMCO 1. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Complementary Tools for PIMCO Etf analysis
When running PIMCO 1's price analysis, check to measure PIMCO 1's 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 PIMCO 1 is operating at the current time. Most of PIMCO 1's value examination focuses on studying past and present price action to predict the probability of PIMCO 1's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PIMCO 1's price. Additionally, you may evaluate how the addition of PIMCO 1 to your portfolios can decrease your overall portfolio volatility.
Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
Share Portfolio Track or share privately all of your investments from the convenience of any device | |
Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
AI Investment Finder Use AI to screen and filter profitable investment opportunities | |
Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
CEOs Directory Screen CEOs from public companies around the world |
PIMCO 1 technical etf 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, etf market cycles, or different charting patterns.