Pimco Global Multi Asset Fund Price on February 2, 2024
If you're considering investing in Pimco Mutual Fund, it is important to understand the factors that can impact its price. We consider Pimco Global very steady. Pimco Global Multi maintains Sharpe Ratio (i.e., Efficiency) of 0.12, which implies the entity had a 0.12% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Pimco Global Multi, which you can use to evaluate the volatility of the fund. Please check Pimco Global's Coefficient Of Variation of 852.93, semi deviation of 0.4297, and Risk Adjusted Performance of 0.0708 to confirm if the risk estimate we provide is consistent with the expected return of 0.0616%.
Pimco Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Pimco |
Sharpe Ratio = 0.1172
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Estimated Market Risk
0.53 actual daily | 4 96% of assets are more volatile |
Expected Return
0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Pimco Global is performing at about 9% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Pimco Global by adding it to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Price Boundaries
Pimco Global Period Price Range
Pimco Global May 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Pimco Global mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pimco Global shares will generate the highest return on investment. By undertsting and applying Pimco Global mutual fund market strength indicators, traders can identify Pimco Global Multi Asset entry and exit signals to maximize returns
Pimco Global Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Pimco Global's price direction in advance. Along with the technical and fundamental analysis of Pimco Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Pimco to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0708 | |||
Jensen Alpha | 0.0461 | |||
Total Risk Alpha | (0.01) | |||
Sortino Ratio | (0.04) | |||
Treynor Ratio | 0.6832 |
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Check out Your Equity Center to better understand how to build diversified portfolios. 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 gross domestic product. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.