Pimco California Financials
| PCTTX Fund | USD 10.61 0.03 0.28% |
Pimco |
Please note that past performance is not an indicator of the future performance of Pimco California, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Pimco California Fund Summary
Pimco California competes with Pimco Rae, Pimco Rae, Pimco Rae, Pimco Rae, and Pimco Foreign. The fund normally invests at least 80 percent of its assets in debt securities whose interest is, in the opinion of bond counsel for the issuer at the time of issuance, exempt from regular federal income tax and California income tax. It may invest in Fixed Income Instruments which include bonds, debt securities and other similar instruments issued by various U.S. and non-U.S. public- or private-sector entities. The fund may invest in derivative instruments, such as options, futures contracts or swap agreements, or in mortgage- or asset-backed securities.Specialization | Muni California Long, Muni California Long |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | PIMCO Investments LLC |
| Mutual Fund Family | PIMCO |
| Mutual Fund Category | Muni California Long |
| Benchmark | NYSE Composite |
| Phone | 888 877 4626 |
| Currency | USD - US Dollar |
You should never invest in Pimco California Municipal without having analyzed available financial metrics that contribute to the net asset value (NAV) of the fund. Do not rely on someone else's analysis or guesses about the future performance of Pimco Mutual Fund, because this is throwing your money away. Analyzing the key information contained in Pimco California's prospectus and an annual reports, can give you an edge over other investors and help to ensure that your investments perform well for you.
Pimco California Key Financial Ratios
Generally speaking, Pimco California's financial ratios allow both analysts and investors to convert raw data from Pimco California's financial statements into concise, actionable information that can be used to evaluate the performance of Pimco California over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Pimco California Mun reports annually and quarterly.Pimco Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Pimco California's current stock value. Our valuation model uses many indicators to compare Pimco California value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Pimco California competition to find correlations between indicators driving Pimco California's intrinsic value. More Info.Pimco California Municipal is rated top fund in annual yield among similar funds. It is rated top fund in year to date return among similar funds creating about 1,317 of Year To Date Return per Annual Yield. Comparative valuation analysis is a catch-all model that can be used if you cannot value Pimco California by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Pimco California's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Pimco California's earnings, one of the primary drivers of an investment's value.Pimco California Mun Systematic Risk
Pimco California's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Pimco California volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Pimco California Mun correlated with the market. If Beta is less than 0 Pimco California generally moves in the opposite direction as compared to the market. If Pimco California Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Pimco California Mun is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Pimco California is generally in the same direction as the market. If Beta > 1 Pimco California moves generally in the same direction as, but more than the movement of the benchmark.
Pimco California April 23, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Pimco California help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Pimco California Municipal. We use our internally-developed statistical techniques to arrive at the intrinsic value of Pimco California Municipal based on widely used predictive technical indicators. In general, we focus on analyzing Pimco Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Pimco California's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.3042 | |||
| Information Ratio | (0.37) | |||
| Maximum Drawdown | 1.32 | |||
| Value At Risk | (0.38) | |||
| Potential Upside | 0.2846 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pimco California Municipal. 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 estimate. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.