Pimco Senior Correlations
The correlation of Pimco Senior 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 |
Related Correlations Analysis
| 0.9 | 0.88 | 0.9 | 0.9 | 0.7 | GLRBX | ||
| 0.9 | 1.0 | 1.0 | 1.0 | 0.63 | SGDIX | ||
| 0.88 | 1.0 | 1.0 | 1.0 | 0.63 | OGMCX | ||
| 0.9 | 1.0 | 1.0 | 1.0 | 0.64 | IIGCX | ||
| 0.9 | 1.0 | 1.0 | 1.0 | 0.65 | EPGFX | ||
| 0.7 | 0.63 | 0.63 | 0.64 | 0.65 | GLDAX | ||
Risk-Adjusted Indicators
There is a big difference between Pimco Mutual Fund performing well and Pimco Senior 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 Senior'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| GLRBX | 0.38 | 0.07 | 0.08 | 0.23 | 0.12 | 0.71 | 4.81 | |||
| SGDIX | 1.57 | 0.63 | 0.37 | 0.81 | 1.07 | 3.79 | 8.64 | |||
| OGMCX | 1.58 | 0.61 | 0.31 | 0.72 | 1.31 | 4.29 | 9.60 | |||
| IIGCX | 1.68 | 0.69 | 0.33 | 0.84 | 1.33 | 4.45 | 10.42 | |||
| EPGFX | 1.49 | 0.59 | 0.33 | 0.72 | 1.06 | 4.31 | 9.08 | |||
| GLDAX | 1.72 | 0.62 | 0.24 | 1.41 | 1.75 | 4.63 | 9.11 |