|PFUAX -- USA Fund|| |
USD 9.62 0.00 0.00%
The fund holds Beta of -0.0041 which implies as returns on market increase, returns on owning PIMCO Foreign are expected to decrease at a much smaller rate. During bear market, PIMCO Foreign is likely to outperform the market.. Although it is extremely important to respect PIMCO Foreign Bond
current trending patterns, it is better to be realistic regarding the information on equity existing price patterns
. The approach towards forecasting future performance of any fund is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators
. By inspecting PIMCO Foreign Bond technical indicators
you can now evaluate if the expected return of 0.0% will be sustainable into the future.