Pimco Emerging Correlations

Mutual Funds . USA . 
Fund . Pimco Emerging Markets
PFSIX Fund  USD 6.70  0.06  0.89%   
The current 90-days correlation between Pimco Emerging Markets and Ab Small Cap is 0.14 (i.e., Average diversification). The correlation of Pimco Emerging 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 correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Pimco Emerging Correlation With Market

Very poor diversification

The correlation between Pimco Emerging Markets and DJI is 0.83 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Pimco Emerging Markets and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pimco Emerging Markets. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Moving together with Pimco Mutual Fund

  0.77PWLEX Pimco Rae WorldwidePairCorr
  0.79PWLMX Pimco Rae WorldwidePairCorr
  0.8PWLIX Pimco Rae WorldwidePairCorr
  0.86PFCJX Pimco Preferred AndPairCorr
  0.84PFATX Pimco FundamentalPairCorr
  0.89PFANX Pimco Capital SecPairCorr
  0.94PFIAX Pimco Floating IncomePairCorr
  0.95PFIIX Pimco Floating IncomePairCorr
  0.95PFIUX Pimco Unconstrained BondPairCorr
  0.92PFINX Pimco Capital SecPairCorr
  0.93PFNCX Pimco Floating IncomePairCorr
  0.9PFNNX Pimco Preferred AndPairCorr
  0.95PFNIX Pimco Low DurationPairCorr
  0.95PFNUX Pimco Dynamic BondPairCorr
  0.65PFRCX Foreign BondPairCorr
  0.93PFRMX Pimco Inflation ResponsePairCorr
  0.91PFPNX Pimco Capital SecPairCorr
  0.91PFTCX Short Term FundPairCorr
  0.95PFTPX Pimco Floating IncomePairCorr
  0.76PFUUX Pimco Foreign BondPairCorr
  0.71PFUAX Foreign BondPairCorr
  0.77PFUIX Foreign BondPairCorr
  0.76PFUNX Pimco International BondPairCorr
  0.77PFUPX Pimco Foreign BondPairCorr
  0.96PGAPX Pimco Global MultiPairCorr
  0.88PXTIX Fundamental IndexplusPairCorr
  0.88PXTNX Pimco Rae PlusPairCorr
  0.92PGBIX Global Bond FundPairCorr
  0.96PGAIX Pimco Global MultiPairCorr

Moving against Pimco Mutual Fund

  0.54PFGCX Long Term GovernmentPairCorr
  0.52PFGAX Long Term GovernmentPairCorr
  0.65PGOVX Long Term GovernmentPairCorr

Related Correlations Analysis


Risk-Adjusted Indicators

There is a big difference between Pimco Mutual Fund performing well and Pimco Emerging 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 Pimco Emerging'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2026 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY