PIMCO RAE Mutual Fund Forward View - Simple Regression
| PXTNX Fund | USD 22.10 0.24 1.10% |
This reference page presents Simple Regression forecast data for PIMCO Rae Plus. The projected values and error metrics are presented below as reference information. The output values and deviation metrics are provided for informational reference.
The Simple Regression forecasted value of PIMCO Rae Plus on the next trading day is expected to be 22.65 with a mean absolute deviation of 0.38 and the sum of the absolute errors of 23.71.In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as PIMCO Rae Plus historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data. This Simple Regression forecast data for PIMCO Rae Plus is sourced from the most recent available trading data and is intended solely as reference information. Simple Regression Price Forecast For the 26th of March
Given 90 days horizon, the Simple Regression forecasted value of PIMCO Rae Plus on the next trading day is expected to be 22.65 with a mean absolute deviation of 0.38 , mean absolute percentage error of 0.22 , and the sum of the absolute errors of 23.71 .Please note that although there have been many attempts to predict PIMCO Mutual Fund prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that PIMCO RAE's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Mutual Fund Forecast Pattern
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Forecasted Value
Forecasting PIMCO Rae Plus for the next session involves measuring the model's historical ability to define credible downside and upside scenarios. At the moment, the model places downside around 21.71 and upside around 23.59 for the forecasting period.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of PIMCO RAE mutual fund data series using in forecasting. Note that when a statistical model is used to represent PIMCO RAE mutual fund, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 118.4294 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.3824 |
| MAPE | Mean absolute percentage error | 0.0171 |
| SAE | Sum of the absolute errors | 23.7079 |
Other Forecasting Options for PIMCO RAE
PIMCO RAE's daily price returns can be decomposed into trend, seasonal, and residual components. Divergence between short-term and long-term averages in PIMCO often signals an upcoming reversal or acceleration. Gap analysis of PIMCO Mutual Fund data examines overnight jumps between PIMCO RAE's closing and opening prices.PIMCO RAE Related Equities
The stocks listed below are peers of PIMCO RAE within the Large Value space and offer context for ranking and strength. Growth rate gaps between PIMCO RAE and its peers often explain pricing differences in the market. Firms that trade at big discounts to peers on core metrics may be worth more research.
| Risk & Return | Correlation |
PIMCO RAE Market Strength Events
Market strength indicators help investors evaluate how PIMCO RAE mutual fund reacts to evolving market conditions. These indicators help determine optimal entry and exit points for trading PIMCO Rae Plus. These indicators can identify periods when trading PIMCO Rae Plus may offer more favorable risk-reward conditions.
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 22.1 | |||
| Day Typical Price | 22.1 | |||
| Price Action Indicator | 0.12 | |||
| Period Momentum Indicator | 0.24 |
PIMCO RAE Risk Indicators
The analysis of PIMCO RAE's basic risk indicators is one of the essential steps in accurately forecasting its future price. Understanding the risk involved in holding PIMCO RAE's allows investors to make informed decisions about their exposure. The analysis of PIMCO RAE's basic risk metrics provides a foundation for managing investment risk.
| Mean Deviation | 0.6686 | |||
| Semi Deviation | 0.8282 | |||
| Standard Deviation | 0.897 | |||
| Variance | 0.8045 | |||
| Downside Variance | 0.8223 | |||
| Semi Variance | 0.6859 | |||
| Expected Short fall | -0.75 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for PIMCO RAE
A coverage review of PIMCO Rae Plus shows when the security is attracting above-average attention from contributors and market observers. A disciplined read of coverage separates durable relevance from temporary noise.
Other Macroaxis Stories
Macroaxis story coverage is designed for a broad investing audience that ranges from self-directed traders to advisers, researchers, and institutional market participants. The content is intended to support people who want a more structured path from headline information to portfolio action.