PIMCO RAFI Competition
| MFDX Etf | USD 40.78 0.24 0.59% |
PIMCO RAFI vs American Century Correlation
Almost no diversification
The correlation between PIMCO RAFI Dynamic and AVNM is 0.98 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding PIMCO RAFI Dynamic and AVNM in the same portfolio, assuming nothing else is changed.
Moving together with PIMCO Etf
| 0.98 | VEA | Vanguard FTSE Developed | PairCorr |
| 0.98 | IEFA | iShares Core MSCI | PairCorr |
| 0.97 | VEU | Vanguard FTSE All | PairCorr |
| 0.97 | EFA | iShares MSCI EAFE | PairCorr |
| 0.97 | IXUS | iShares Core MSCI | PairCorr |
Moving against PIMCO Etf
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of PIMCO RAFI's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
PIMCO RAFI Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between PIMCO RAFI 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 RAFI Dynamic does not affect the price movement of the other competitor.
PIMCO RAFI Constituents Risk-Adjusted Indicators
There is a big difference between PIMCO Etf performing well and PIMCO RAFI 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 RAFI'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| JPME | 0.56 | 0.05 | 0.06 | 0.11 | 0.55 | 1.36 | 3.17 | |||
| JPUS | 0.51 | 0.05 | 0.06 | 0.12 | 0.47 | 1.08 | 2.63 | |||
| QVMM | 0.69 | 0.05 | 0.05 | 0.09 | 0.71 | 1.78 | 3.65 | |||
| CCNR | 0.92 | 0.25 | 0.18 | 0.33 | 1.02 | 1.94 | 5.65 | |||
| JPIN | 0.52 | 0.08 | 0.10 | 0.19 | 0.49 | 1.09 | 2.75 | |||
| GQRE | 0.47 | 0.02 | (0.01) | 0.09 | 0.66 | 0.98 | 2.83 | |||
| DGRS | 0.80 | 0.08 | 0.06 | 0.31 | 0.80 | 2.54 | 5.12 | |||
| AIVL | 0.49 | 0.04 | 0.04 | 0.10 | 0.53 | 1.17 | 2.64 | |||
| VIDI | 0.57 | 0.15 | 0.18 | 0.28 | 0.48 | 1.25 | 3.44 | |||
| AVNM | 0.55 | 0.11 | 0.12 | 0.21 | 0.57 | 1.18 | 3.63 |
PIMCO RAFI Competitive Analysis
The better you understand PIMCO RAFI competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, PIMCO RAFI'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 RAFI'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 RAFI Competition Performance Charts
Five steps to successful analysis of PIMCO RAFI Competition
PIMCO RAFI'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 RAFI Dynamic in relation to its competition. PIMCO RAFI's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of PIMCO RAFI 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 RAFI's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to PIMCO RAFI Dynamic, 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 RAFI position
In addition to having PIMCO RAFI 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?
Run Oil And Gas Thematic Idea Now
Oil And Gas
Companies involved in drilling, production, and distribution of oil and gas pipelines. The Oil And Gas theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Oil And Gas Theme or any other thematic opportunities.
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Check out PIMCO RAFI Correlation with its peers. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Understanding PIMCO RAFI Dynamic requires distinguishing between market price and book value, where the latter reflects PIMCO's accounting equity. The concept of intrinsic value—what PIMCO RAFI's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Market sentiment, economic cycles, and investor behavior can push PIMCO RAFI's price substantially above or below its fundamental value.
Understanding that PIMCO RAFI's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether PIMCO RAFI represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. In contrast, PIMCO RAFI's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.