Pimco California Municipal Fund Quote
| PCK Fund | USD 5.72 0.04 0.69% |
Performance6 of 100
| Odds Of DistressLess than 16
|
Pimco California is selling for 5.72 as of the 24th of April 2024. This is a -0.69 percent decrease since the beginning of the trading day. The fund's last reported lowest price was 5.71. Pimco California has less than a 16 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Pimco California Municipal are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
PIMCO California Municipal Income Fund II is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. PIMCO California Municipal Income Fund II was formed in June 28, 2002 and is domiciled in United States. The company has 32.18 M outstanding shares of which 80.83 K shares are at this time shorted by investors with about 1.12 days to cover. More on Pimco California Municipal
Moving against Pimco OTC Fund
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| 0.45 | VZ | Verizon Communications Financial Report 23rd of July 2024 | PairCorr |
| 0.44 | MMM | 3M Company Earnings Call This Week | PairCorr |
| 0.41 | CSCO | Cisco Systems Aggressive Push | PairCorr |
Pimco OTC Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Pimco California's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Pimco California or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Hans Kertess |
| Fund Concentration | Asset Management, Financial Services (View all Sectors) |
| Update Date | 31st of December 2023 |
Pimco California Municipal [PCK] is traded in USA and was established 24th of April 2024. The fund is not categorized under any group at the present time. Pimco California Mun at this time has in assets with no minimum investment requirementsThe fund is currently generating return of 0.02% with the current yeild of 0.01%, while the total return for the last 3 years was -6.29%.
Pimco California Municipal has about 1 K in cash with 7.11 M of positive cash flow from operations.
Check Pimco California Probability Of Bankruptcy
Pimco California Target Price Odds Analysis
Proceeding from a normal probability distribution, the odds of Pimco California jumping above the current price in 90 days from now is about 50.0%. The Pimco California Municipal probability density function shows the probability of Pimco California otc fund to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Pimco California has a beta of 0.286 indicating as returns on the market go up, Pimco California average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Pimco California Municipal will be expected to be much smaller as well. Additionally, pimco California Municipal has an alpha of 0.0102, implying that it can generate a 0.0102 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Pimco California to move above the current price in 90 days from now is about 50.0 (This Pimco California Municipal probability density function shows the probability of Pimco OTC Fund to fall within a particular range of prices over 90 days) .
Pimco California Mun Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Pimco California market risk premium is the additional return an investor will receive from holding Pimco California long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Pimco California. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Pimco California's alpha and beta are two of the key measurements used to evaluate Pimco California's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0447 | |||
| Jensen Alpha | 0.0102 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.07) |
Pimco California Against Markets
Picking the right benchmark for Pimco California otc fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Pimco California otc fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Pimco California is critical whether you are bullish or bearish towards Pimco California Municipal at a given time. Please also check how Pimco California's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Pimco California without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Pimco OTC Fund?
Before investing in Pimco California, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Pimco California. To buy Pimco California fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Pimco California. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Pimco California fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Pimco California Municipal fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Pimco California Municipal fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Pimco California Municipal, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Pimco California Municipal?
The danger of trading Pimco California Municipal is mainly related to its market volatility and OTC Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Pimco California is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Pimco California. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Pimco California Mun is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 otc fund could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Pimco California Mun information on this page should be used as a complementary analysis to other Pimco California's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.