Pimco California Municipal Fund Price on March 31, 2020
| PCTTX Fund | USD 10.61 0.03 0.28% |
Below is the normalized historical share price chart for Pimco California Municipal extending back to June 01, 2012. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Pimco California stands at 10.61, as last reported on the 19th of April, with the highest price reaching 10.61 and the lowest price hitting 10.61 during the day.
If you're considering investing in Pimco Mutual Fund, it is important to understand the factors that can impact its price. We consider Pimco California very steady. Pimco California Mun maintains Sharpe Ratio (i.e., Efficiency) of 0.0418, which implies the entity had a 0.0418% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Pimco California Mun, which you can use to evaluate the volatility of the fund. Please check Pimco California's Risk Adjusted Performance of (0.02), variance of 0.0509, and Coefficient Of Variation of (8,671) to confirm if the risk estimate we provide is consistent with the expected return of 0.0092%.
Pimco Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Pimco |
Sharpe Ratio = 0.0418
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| Negative Returns | PCTTX |
Estimated Market Risk
| 0.22 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Pimco California is performing at about 3% 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 California 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.
About Pimco California Mutual Fund history
Pimco California investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Pimco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Pimco California Mun will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Pimco California stock prices may prove useful in developing a viable investing in Pimco California
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.
Pimco California Mutual Fund Technical Analysis
Pimco California 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.
Price Boundaries
Pimco California Period Price Range
Pimco California April 19, 2024 Market Strength
Market strength indicators help investors to evaluate how Pimco California 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 California shares will generate the highest return on investment. By undertsting and applying Pimco California mutual fund market strength indicators, traders can identify Pimco California Municipal entry and exit signals to maximize returns
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 10.61 | |||
| Day Typical Price | 10.61 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.03) |
Pimco California Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Pimco California'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 | (0.02) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.03) | |||
| Treynor Ratio | (0.11) |
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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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.