PIMCO 15 Competition
| LTPZ Etf | USD 51.68 0.16 0.31% |
PIMCO 15 vs Invesco SP Correlation
Excellent diversification
The correlation between PIMCO 15 Year and RSPH is -0.6 (i.e., Excellent diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding PIMCO 15 Year and RSPH in the same portfolio, assuming nothing else is changed.
Moving against PIMCO Etf
PIMCO 15 Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between PIMCO 15 and its competitors represents the degree of relationship between the price movements of corresponding etfs. A correlation of about +1.0 implies that the price of PIMCO and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of PIMCO 15 Year does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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PIMCO 15 Constituents Risk-Adjusted Indicators
There is a big difference between PIMCO Etf performing well and PIMCO 15 ETF doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze PIMCO 15's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| GIGB | 0.17 | (0.02) | 0.00 | (0.08) | 0.00 | 0.35 | 0.87 | |||
| STPZ | 0.08 | (0.01) | (0.39) | (0.09) | 0.08 | 0.13 | 0.45 | |||
| DOL | 0.58 | 0.14 | 0.17 | 0.25 | 0.45 | 1.30 | 2.90 | |||
| EQAL | 0.60 | 0.06 | 0.07 | 0.11 | 0.59 | 1.33 | 3.13 | |||
| EES | 0.75 | 0.08 | 0.09 | 0.12 | 0.68 | 2.11 | 4.61 | |||
| IAK | 0.61 | 0.07 | 0.06 | 0.24 | 0.63 | 1.27 | 5.19 | |||
| ISHG | 0.24 | 0.03 | (0.04) | 9.25 | 0.14 | 0.56 | 2.20 | |||
| IAT | 0.90 | 0.29 | 0.27 | 0.33 | 0.69 | 2.42 | 5.68 | |||
| QQH | 1.06 | (0.06) | 0.00 | (1.75) | 0.00 | 1.78 | 6.95 | |||
| RSPH | 0.67 | 0.04 | 0.05 | 0.09 | 0.54 | 2.18 | 4.42 |
PIMCO 15 Competitive Analysis
The better you understand PIMCO 15 competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, PIMCO 15's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across PIMCO 15's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
PIMCO 15 Competition Performance Charts
Five steps to successful analysis of PIMCO 15 Competition
PIMCO 15's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by PIMCO 15 Year in relation to its competition. PIMCO 15's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of PIMCO 15 in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact PIMCO 15's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to PIMCO 15 Year, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Complement your PIMCO 15 position
In addition to having PIMCO 15 in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Basic Utilities
Companies involved in production and distribution of electric, gas, water, and other energy utilities. The Basic Utilities theme has 12 constituents at this time.
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Check out PIMCO 15 Correlation with its peers. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
The market value of PIMCO 15 Year 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 15's value that differs from its market value or its book value, called intrinsic value, which is PIMCO 15'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 15's market value can be influenced by many factors that don't directly affect PIMCO 15's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Understanding that PIMCO 15's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether PIMCO 15 represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Meanwhile, PIMCO 15's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.