Pimco Rafi Dynamic Etf Three Year Return
| MFUS Etf | USD 46.76 0.06 0.13% |
PIMCO RAFI Dynamic fundamentals help investors to digest information that contributes to PIMCO RAFI's financial success or failures. It also enables traders to predict the movement of PIMCO Etf. The fundamental analysis module provides a way to measure PIMCO RAFI's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to PIMCO RAFI etf.
PIMCO |
PIMCO RAFI Dynamic ETF Three Year Return Analysis
PIMCO RAFI's Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
More About Three Year Return | All Equity Analysis
Three Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current PIMCO RAFI Three Year Return | 9.10 % |
Most of PIMCO RAFI's fundamental indicators, such as Three Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, PIMCO RAFI Dynamic is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
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Based on the latest financial disclosure, PIMCO RAFI Dynamic has a Three Year Return of 9.1%. This is 73.66% higher than that of the PIMCO family and significantly higher than that of the Large Value category. The three year return for all United States etfs is 181.73% lower than that of the firm.
PIMCO Three Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses PIMCO RAFI's direct or indirect competition against its Three Year Return to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of PIMCO RAFI could also be used in its relative valuation, which is a method of valuing PIMCO RAFI by comparing valuation metrics of similar companies.PIMCO RAFI is currently under evaluation in three year return as compared to similar ETFs.
PIMCO Fundamentals
| Number Of Employees | 564 | |||
| Beta | 0.88 | |||
| Total Asset | 96.35 M | |||
| One Year Return | 26.60 % | |||
| Three Year Return | 9.10 % | |||
| Five Year Return | 12.70 % | |||
| Net Asset | 96.35 M | |||
| Last Dividend Paid | 0.15 |
About PIMCO RAFI Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze PIMCO RAFI Dynamic's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of PIMCO RAFI using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of PIMCO RAFI Dynamic based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with PIMCO RAFI
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if PIMCO RAFI position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in PIMCO RAFI will appreciate offsetting losses from the drop in the long position's value.Moving together with PIMCO Etf
| 0.9 | VTV | Vanguard Value Index | PairCorr |
| 0.89 | VYM | Vanguard High Dividend | PairCorr |
| 0.89 | IWD | iShares Russell 1000 | PairCorr |
| 0.85 | DGRO | iShares Core Dividend | PairCorr |
| 0.94 | IVE | iShares SP 500 | PairCorr |
The ability to find closely correlated positions to PIMCO RAFI could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PIMCO RAFI when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back PIMCO RAFI - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling PIMCO RAFI Dynamic to buy it.
The correlation of PIMCO RAFI is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as PIMCO RAFI moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PIMCO RAFI Dynamic moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for PIMCO RAFI can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out PIMCO RAFI Piotroski F Score and PIMCO RAFI Altman Z Score analysis. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
The market value of PIMCO RAFI Dynamic is measured differently than its book value, which is the value of PIMCO that is recorded on the company's balance sheet. Investors also form their own opinion of PIMCO RAFI's value that differs from its market value or its book value, called intrinsic value, which is PIMCO RAFI's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because PIMCO RAFI's market value can be influenced by many factors that don't directly affect PIMCO RAFI's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between PIMCO RAFI's value and its price as these two are different measures arrived at by different means. Investors typically determine if PIMCO RAFI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PIMCO RAFI's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.