Real Return Competition

PRTNX Fund

USD 10.15 0.03 0.30%

Real Return Fund competes with Commonwealth Real, Fidelity Real, Amg Managers, Tiaa-cref Real, and Virtus Real; as well as few others. The fund is listed under Inflation-Protected Bond category and is part of PIMCO family. Analyzing Real Return competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Real Return to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Real Return Correlation with its peers.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Real Return competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
9.85	10.12	10.39

Details

Intrinsic

Valuation

Low	Real	High
9.87	10.14	10.41

Details

Real Return Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Real Return and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of Real 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 Real Return Fund does not affect the price movement of the other competitor.

	CNREX	FIKMX	PNDIX	MRESX	TIREX	PHRAX	FORFX
CNREX		0.76	0.19	0.75	0.6	0.71	0.25	CNREX
FIKMX	0.76		-0.15	0.9	0.8	0.72	-0.08	FIKMX
PNDIX	0.19	-0.15		-0.09	-0.07	0.36	0.99	PNDIX
MRESX	0.75	0.9	-0.09		0.96	0.87	-0.02	MRESX
TIREX	0.6	0.8	-0.07	0.96		0.9	0.0	TIREX
PHRAX	0.71	0.72	0.36	0.87	0.9		0.42	PHRAX
FORFX	0.25	-0.08	0.99	-0.02	0.0	0.42		FORFX
	CNREX	FIKMX	PNDIX	MRESX	TIREX	PHRAX	FORFX

Click cells to compare fundamentals

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Backtest Portfolio

High positive correlations

FORFX	+ 0.99	PNDIX
TIREX	+ 0.96	MRESX
MRESX	+ 0.9	FIKMX
PHRAX	+ 0.9	TIREX
PHRAX	+ 0.87	MRESX
TIREX	+ 0.8	FIKMX

High negative correlations

PNDIX	- 0.15	FIKMX
MRESX	- 0.09	PNDIX
FORFX	- 0.08	FIKMX
TIREX	- 0.07	PNDIX
FORFX	- 0.02	MRESX
FORFX	- 0.0	TIREX

Risk-Adjusted Indicators

There is a big difference between Real Mutual Fund performing well and Real Return Mutual Fund 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 Real Return'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
CNREX	0.62	0.03	(0.06)	0.19	0.78	(0.64)	1.22	(1.53)	3.86
FIKMX	0.22	0.02	(0.32)	1.57	0.21	(0.24)	0.49	(0.41)	1.22
PNDIX	0.04	0.01	0.00	2.76	0.00	0.00	0.10	0.00	0.10
MRESX	0.67	0.05	(0.06)	0.73	0.77	(0.73)	1.26	(1.33)	3.43
TIREX	0.70	0.04	(0.07)	0.50	0.79	(0.76)	1.25	(1.36)	3.56
PHRAX	0.67	0.07	(0.03)	0.60	0.71	(0.77)	1.23	(1.27)	3.61
FORFX	0.06	0.02	0.00	1.04	0.00	0.00	0.11	0.00	0.21

Unable to evaluate fundamental data of [CNREX, FIKMX, PNDIX, MRESX, TIREX, PHRAX, FORFX] at this time. Please try again later

All Fundamental Data

Real Return Competitive Analysis

The better you understand Real Return competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Real Return'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 Real Return'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

	PRTNX	CNREX	FIKMX	PNDIX	MRESX	TIREX	PHRAX	FORFX
	0.30 10.15 Real	0.04 25.79 Commonwealth	0.33 12.28 Fidelity	0.59 10.03 Pender	0.65 12.47 Amg	0.56 19.60 Tiaa-cref	0.60 21.92 Virtus	0.72 9.66 Forum
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Very Weak	OK	OK	Good	Modest	Modest	OK	Solid
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	About Average	Low	Low	Low	About Average
Current Valuation (Equity Enterprise Value)	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Hold	Hold	Cautious Hold	Buy	Hold	Cautious Hold	Hold	Strong Hold
Net Asset	9.36 B	13.6 M	4.58 B	N/A	222.06 M	2.11 B	388.18 M	N/A
Minimum Initial Investment	N/A	200	N/A	N/A	N/A	2 M	N/A	N/A
Price To Book	N/A	1.74 X	N/A	N/A	2.35 X	2.62 X	2.98 X	N/A
Five Year Return	1.93 %	7.22 %	4.15 %	N/A	5.58 %	5.24 %	6.92 %	N/A
One Year Return	5.79 %	28.04 %	15.94 %	N/A	27.42 %	25.19 %	31.32 %	N/A
Last Dividend Paid	0.08	0.07	N/A	N/A	0.05	0.09	0.08	N/A
Price To Earning	N/A	24.21 X	N/A	N/A	25.86 X	3.63 X	32.15 X	N/A
Price To Sales	N/A	1.98 X	N/A	N/A	6.60 X	6.62 X	8.45 X	N/A
Cash Position Weight	(18.22) %	3.61 %	9.99 %	N/A	0.77 %	2.05 %	0.43 %	N/A
Equity Positions Weight	N/A	96.39 %	33.25 %	N/A	99.23 %	97.95 %	99.57 %	N/A
Three Year Return	(2.02) %	3.35 %	1.56 %	N/A	1.04 %	(1.58) %	0.42 %	N/A
Annual Yield	0 %	N/A	0.05 %	N/A	0.02 %	0.03 %	0.02 %	N/A
Year To Date Return	2.83 %	13.15 %	9.31 %	N/A	13.89 %	12.19 %	18.90 %	N/A
Bond Positions Weight	(1.62) %	N/A	29.35 %	N/A	N/A	N/A	N/A	N/A
Ten Year Return	3.10 %	5.07 %	6.58 %	N/A	8.99 %	10.29 %	8.27 %	N/A
Daily Balance Of Power	9.2 T	9.2 T	9.2 T	(9,223,372,036,855)	9.2 T	(9,223,372,036,855)	9.2 T	(9,223,372,036,855)
Day Typical Price	10.15	25.79	12.28	10.03	12.47	19.6	21.92	9.66
Period Momentum Indicator	0.03	0.01	0.04	(0.06)	0.08	(0.11)	0.13	(0.07)
Rate Of Daily Change	1.0	1.0	1.0	0.99	1.01	0.99	1.01	0.99
Day Median Price	10.15	25.79	12.28	10.03	12.47	19.6	21.92	9.66
Price Action Indicator	0.015	0.005	0.02	(0.03)	0.04	(0.06)	0.065	(0.04)
Coefficient Of Variation	(2,332)	1053.28	981.12	485.47	1102.71	1242.16	830.47	326.29
Mean Deviation	0.2047	0.6171	0.2151	0.0446	0.6717	0.6961	0.6735	0.0612
Jensen Alpha	(0.03)	0.0271	0.0165	0.0079	0.0541	0.0446	0.0725	0.0208
Total Risk Alpha	(0.06)	(0.05)	(0.02)	(0.01)	(0.06)	(0.07)	(0.03)	0.007
Sortino Ratio	N/A	(0.06)	(0.32)	N/A	(0.06)	(0.07)	(0.03)	N/A
Downside Variance	N/A	0.7388	0.093	N/A	0.7205	0.7418	0.7187	N/A
Standard Deviation	0.2698	0.8079	0.2724	0.0887	0.8184	0.8436	0.8283	0.1089
Kurtosis	0.613	0.6675	0.0676	35.49	(0.28)	(0.30)	(0.27)	35.62
Potential Upside	0.3887	1.22	0.4918	0.1006	1.26	1.25	1.23	0.1056
Treynor Ratio	(0.46)	0.1942	1.57	2.76	0.7314	0.5023	0.6003	1.04
Maximum Drawdown	1.09	3.86	1.22	0.1009	3.43	3.56	3.61	0.207
Variance	0.0728	0.6526	0.0742	0.0079	0.6698	0.7117	0.6861	0.0119
Market Risk Adjusted Performance	(0.45)	0.2042	1.58	2.77	0.7414	0.5123	0.6103	1.05
Risk Adjusted Performance	(0.05)	0.0733	0.06	0.0815	0.0701	0.0626	0.093	0.1745
Skewness	(0.36)	(0.40)	(0.30)	(5.01)	(0.41)	(0.38)	(0.35)	(5.08)
Semi Deviation	N/A	0.7813	0.2081	N/A	0.7729	0.7908	0.7122	N/A
Information Ratio	(0.51)	(0.06)	(0.36)	(1.21)	(0.06)	(0.07)	(0.03)	(0.85)
Value At Risk	(0.50)	(1.53)	(0.41)	N/A	(1.33)	(1.36)	(1.27)	N/A
Expected Short fall	N/A	(0.64)	(0.24)	N/A	(0.73)	(0.76)	(0.77)	N/A
Downside Deviation	N/A	0.8595	0.3049	N/A	0.8488	0.8613	0.8477	N/A
Semi Variance	N/A	0.6104	0.0433	N/A	0.5974	0.6254	0.5073	N/A

Real Return Competition Performance Charts

Five steps to successful analysis of Real Return Competition

Real Return'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 Real Return Fund in relation to its competition. Real Return's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Real Return 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 Real Return's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Real Return Fund, 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.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Real Return position

In addition to having Real Return 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.

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Run Automobiles and Trucks Thematic Idea Now

Automobiles and Trucks

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Other Information on Investing in Real Mutual Fund

Real Return financial ratios help investors to determine whether Real Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Real with respect to the benefits of owning Real Return security.

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